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Turbo Energy regains Nasdaq compliance after $5 million capital raise

Fri, 05 Jun 2026 08:16:30 -0400

Turbo Energy, S.A. (NASDAQ: TURB) received confirmation from Nasdaq that it has regained compliance with the minimum stockholders' equity requirement for continued listing on The Nasdaq Capital Market.

The Valencia, Spain-based company raised approximately $5 million through a registered direct offering and its at-the-market program during 2026. These capital raises increased shareholders' equity from $1.88 million as of December 31, 2025, to $6.48 million, according to the company's Form 6-K filed on June 3.

Nasdaq requires companies listed on The Nasdaq Capital Market to maintain minimum stockholders' equity of $2.5 million under Listing Rule 5550(b)(1). The exchange confirmed Turbo Energy's compliance after

Nasdaq Confirms Turbo Energy’s Compliance With Minimum Stockholders’ Equity Requirement

Fri, 05 Jun 2026 08:15:00 -0400

Recognition follows approximately $5 million in strategic capital raises and continued execution of Turbo Energy's global AI-driven energy infrastructure growth strategy

VALENCIA, Spain, June 05, 2026 (GLOBE NEWSWIRE) -- Turbo Energy, S.A. (Nasdaq: TURB) (“Turbo Energy” or the “Company”), a global integrator of AI-driven solar energy storage solutions and intelligent energy management systems, today announced that it has received formal confirmation from The Nasdaq Stock Market LLC (“Nasdaq”) that the Company has regained compliance with the minimum stockholders’ equity requirement under Nasdaq Listing Rule 5550(b)(1).

The confirmation follows Nasdaq’s review of the Company’s Form 6-K filed

Nasdaq Confirms Turbo Energy’s Compliance With Minimum Stockholders’ Equity Requirement

Fri, 05 Jun 2026 08:15:00 -0400

Recognition follows approximately $5 million in strategic capital raises and continued execution of Turbo Energy's global AI-driven energy infrastructure growth strategy

The confirmation follows Nasdaq’s review of the Company’s Form 6-K filed

Nasdaq Confirms Turbo Energy’s Compliance With Minimum Stockholders’ Equity Requirement

Fri, 05 Jun 2026 08:15:00 -0400

Recognition follows approximately $5 million in strategic capital raises and continued execution of Turbo Energy's global AI-driven energy infrastructure growth strategy

The confirmation follows Nasdaq’s review of the Company’s Form 6-K filed

Nasdaq Confirms Turbo Energy’s Compliance With Minimum Stockholders’ Equity Requirement

Fri, 05 Jun 2026 08:15:00 -0400

Recognition follows approximately $5 million in strategic capital raises and continued execution of Turbo Energy's global AI-driven energy infrastructure growth strategy

The confirmation follows Nasdaq’s review of the Company’s Form 6-K filed

Form 6-K Turbo Energy, S.A. For: Jun 05

Fri, 05 Jun 2026 07:37:00 -0400

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Form 6-K Turbo Energy, S.A. For: Jun 05

Fri, 05 Jun 2026 07:37:00 -0400

si-local-file:///var/storage/secattach/20260605/26608364.html

Turbo Energy raises $5 million, meets Nasdaq equity requirements

Wed, 03 Jun 2026 08:15:14 -0400

Turbo Energy, S.A. (NASDAQ: TURB) raised approximately $5.0 million through a registered direct offering and at-the-market program, increasing shareholders' equity from $1.88 million as of December 31, 2025, to $6.48 million, according to a company statement.

The Valencia, Spain-based energy storage company said the capital raise positions it above Nasdaq's minimum stockholders' equity requirement. The company is currently under Nasdaq review for compliance with listing standards.

Turbo Energy develops AI-driven solar energy storage solutions and intelligent energy management systems for residential, commercial and industrial customers. The company reported expanding its international operations through several initiatives during 2025 and early 2026.

The company announced

TURBO ENERGY ADVANCES NASDAQ COMPLIANCE AND EXPANDS GLOBAL ENERGY STORAGE FOOTPRINT