Hauchen AI Parking Management Technology Holding Co., Ltd.·Industrials

The company announced a 1-for-30 reverse stock split that is set to take effect at the open on April 13, pending Nasdaq approval, aiming to lift its per-share price to help meet Nasdaq's minimum bid requirement. Under the plan, every 30 Class A and Class B ordinary shares will be consolidated into one share.

The move is aimed at lifting HCAI's per-share price to help the company maintain compliance with Nasdaq's minimum bid-price requirement, which can sometimes act as a red flag for traders because it signals listing-pressure risk.

Pinghu, China, April 08, 2026 (GLOBE NEWSWIRE) -- Huachen AI Parking Management Technology Holding Co., Ltd. (NASDAQ: HCAI, “HCAI” or “the Company”), a China-based smart-parking and equipment-structural-parts provider, today announced that its Board of Directors has approved a share combination (the “Reverse Stock Split”) of its Class A and Class B ordinary shares at a ratio of 1-for-30. The Reverse Stock Split is expected to become effective at the open of business on April 13, 2026 (the “Effective Date”), subject to approval by the Nasdaq Stock Market LLC. The Company's Class A ordinary shares will continue to trade on the Nasdaq Capital Market under the symbol “HCAI.” The Reverse Stock Split is intended to increase the per-share trading price of the Company's Class A ordinary shares to assist in maintaining compliance with Nasdaq's minimum bid price requirement.

Huachen AI Parking stock jumps after-hours after Nasdaq grants extended deadline to regain $1 minimum bid compliance.

Company targets Tier-1 U.S. markets including Los Angeles and New York Jiaxing, China, Feb. 04, 2026 (GLOBE NEWSWIRE) -- Huachen AI Parking Management Technology Holding Co., Ltd. (Nasdaq: HCAI) (“HCAI” or the “Company”), a China-based smart-parking and equipment-structural-parts provider in China, today announced a strategic initiative to expand its Smart Parking Platform into the United States, with an initial target on Tier-1 metropolitan markets including Los Angeles and New York.
Huachen AI Parking Management Technology Holding Co., Ltd operates as a holding company. The Company, through its subsidiaries, provides parking solutions to optimize limited parking spaces, covering smart cubic parking garage design, cubic parking equipment manufacturing, sales, installation, and maintenance.
Industrials
Industrial - Machinery
73
2025-02-05
-5.27