Zeo Energy receives extension from Nasdaq to regain minimum bid compliance

Zeo Energy Corp., a Nasdaq-listed company, has been granted a 180-day extension until April 19, 2027, to fulfill the exchange's minimum bid price requirement. The company disclosed this information in a press release filed with the Securities and Exchange Commission. As of now, Zeo Energy's stock is trading at $0.26, significantly lower than the required $1.00 per share threshold.

Over the past year, the stock has declined by 86%. Nasdaq initially notified the company on April 23, 2026, of its non-compliance with the minimum bid price rule and granted 180 days, ending October 20, 2026, for compliance. The new extension does not directly impact the listing or trading of Zeo Energy's Class A common stock on the Nasdaq Capital Market.

The company has indicated it will continue to monitor its closing bid price and explore options to regain compliance within the extended period. This article is based on a press release statement filed with the Securities and Exchange Commission.