SunCar Technology gets Nasdaq minimum bid price deficiency notice
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SunCar Technology Group Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Compliance Deficiency
July 30, 2026 4:30 PM EDTNEW YORK, July 30, 2026 (GLOBE NEWSWIRE) -- SunCar Technology Group Inc. (SunCar or the Company) (NASDAQ: SDA), a leader in delivering AI-powered B2B auto insurance and services in China, today announced that, on July 27, 2026, the Company received a notification letter (Nasdaq Notification) from the Nasdaq Listing Qualifications Department (Nasdaq) notifying the Company that its Class A ordinary shares, par value $0.0001 per share (the Ordinary Shares), is not in compliance with the minimum bid price requirement from June 10, 2026 through July 24, 2026. As set forth in the Nasdaq Listing Rules 5550(a)(2) (Nasdaq Listing Rule), it requires that the... More
