Envirotech Vehicles Receives Nasdaq Delisting Notice for Rule Violation

Envirotech Vehicles, Inc., a Corona, California-based maker of electric vehicles, disclosed on May 5, 2026, that it received a notice from Nasdaq about non-compliance with a listing rule, per the company's Form 8-K filing with the Securities and Exchange Commission.

The notice affects Envirotech Vehicles, which trades under the ticker EVTV on the Nasdaq Capital Market, and its approximately 15 million outstanding shares held by investors, based on the company's most recent quarterly report.

The company previously maintained compliance with Nasdaq's listing standards, but now faces potential delisting after failing to satisfy the rule outlined in the notice. The change becomes effective if the company does not regain compliance by the end of the specified cure period, which the filing states extends 180 calendar days from the notice date.

The notice requires Envirotech Vehicles to submit a compliance plan to Nasdaq within 45 days, per standard exchange procedures. Failure to cure the deficiency will lead to a Nasdaq hearings panel review, potentially resulting in suspension of trading and delisting by November 1, 2026.

Shareholders may face reduced liquidity, and the company must file additional SEC reports on any material updates to its compliance status.

Envirotech Vehicles last reported compliance issues in a 2024 filing related to financial reporting delays. The Nasdaq rule in question typically involves minimum bid price or equity standards for small-cap companies like EVTV.