{"url_path":"/sec/gtec/8-k/2026-09-11/item-3-01","section_key":"item-3-01","section_title":"Item 3.01 Notice of Delisting or Failure to Satisfy","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-09-11","source_url":"https://www.sec.gov/Archives/edgar/data/1735041/0001213900-26-099268-index.html","accession_number":"0001213900-26-099268","cik":"0001735041","ticker":"GTEC","issuer_name":"Greenland Technologies Holding Corp.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1735041/0001213900-26-099268-index.html","primary_entity_key":"0001735041","primary_entity_name":"Greenland Technologies Holding Corp."},"word_count":489,"has_tables":true,"body_markdown":"**Item 3.01. Notice of Delisting or Failure to Satisfy\na Continued Listing Rule or Standard; Transfer of Listing.**\n\nAs previously reported on its Current Report on Form 8-K filed on March 16, 2026, Greenland Technologies Holding Corporation (the “Company”)\nreceived a letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) on March 12, 2026,\nnotifying the Company that the closing bid price per share for its Class A ordinary shares (the “Class A Ordinary Shares”)\nwas below $1.00 for a period of 30 consecutive business days and that the Company did not meet the minimum bid price requirement set forth\nin Nasdaq Listing Rule 5550(a)(2). In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company had 180 calendar days, or until September\n8, 2026 (the “Initial Compliance Date”), to regain compliance with the minimum bid price requirement by having shares of the\nCompany’s Class A Ordinary Shares maintain a minimum closing bid price of at least $1.00 per share for a minimum of 10 consecutive\nbusiness days before the Initial Compliance Date.\n\nOn September 10, 2026, the Company received a letter\nfrom the Staff (the “Letter”) notifying the Company that the Company is eligible for an additional 180-day period (the “Second\nCompliance Period”), or until March 8, 2027 (the “Compliance Date”), to regain compliance, based on the Staff’s\ndetermination of the Company meeting the continued listing requirement for market value of publicly held shares and all other initial\nlisting standards for Nasdaq, with the exception of the minimum bid price requirement, and the Company’s written notice to Nasdaq\nof its intention to cure the deficiency during the Second Compliance Period, by effecting a reverse stock split, if necessary. The Letter\nhas no immediate impact on the listing of the Company’s Class A Ordinary Shares on Nasdaq. If at any time during the Second Compliance\nPeriod the closing bid price of the Company’s Class A Ordinary Shares is at least $1.00 per share for a minimum of 10 consecutive\nbusiness days (which may be extended to be a period of up to 20 consecutive business days in the discretion of the Staff), Nasdaq will\nprovide the Company with written confirmation of compliance.\n\nIf the Company does not regain compliance by the Compliance\nDate, the Staff will provide written notification that the Company’s Class A Ordinary Shares are subject to delisting. At that time,\nthe Company may appeal the delisting determination to a hearings panel pursuant to the procedures set forth in the applicable Nasdaq listing\nrules. However, there can be no assurance that, if the Company receives a delisting notice and appeals the delisting determination by\nNasdaq to the panel, such appeal would be successful.\n\nThe Company intends to actively monitor the closing\nbid price of its Class A Ordinary Shares between now and the Compliance Date and, as appropriate, will evaluate available options to resolve\nthe deficiency and regain compliance with the minimum bid price requirement."}