SunCar Technology Group Inc. (NASDAQ: SDA) received a notification from the Nasdaq Listing Qualifications Department on July 27, 2026, stating that its Class A ordinary shares failed to meet the minimum bid price requirement for 30 consecutive business days, from June 10 through July 24, 2026.

Nasdaq Listing Rule 5550(a)(2) requires that listed shares maintain a closing bid price of at least $1.00 per share. The notification does not have an immediate effect on the listing of SunCar's shares on the Nasdaq Capital Market.

Under Nasdaq Listing Rule 5810(c)(3)(A), the company has 180 calendar days, until January 25, 2027, to regain compliance. During that period, shares will continue to trade on the Nasdaq Capital Market. Compliance can be regained if the closing bid price reaches at least $1.00 per share for a minimum of ten consecutive business days.

If the company does not regain compliance by January 25, 2027, it may be eligible for an additional 180-day period, provided it meets continued listing requirements for market value of publicly held shares and all other initial listing standards, excluding the minimum bid price requirement. Options to cure the deficiency during a second compliance period could include a reverse stock split.

If the company's shares close at $0.10 or below for ten consecutive trading days during any compliance period, Nasdaq may issue a Staff Delisting Determination. The company stated its board of directors will consider available options if it is not eligible for additional time near the end of the initial compliance period.