Blink Charging Co. Announces Notification from Nasdaq regarding late filing of Form 10-K
Blink Charging Co. (NASDAQ: BLNK) has received a notification letter from Nasdaq dated April 2, 2025, regarding its non-compliance with Nasdaq Listing Rule 5250(c)(1) due to the delayed filing of its Form 10-K for the year ended December 31, 2024.
The company must submit a compliance plan to Nasdaq within 60 calendar days. If accepted, Nasdaq may grant an extension of up to 180 calendar days from the original due date, until September 29, 2025. Blink states it is working diligently to complete and file the Form 10-K to regain compliance.
Blink Charging Co. (NASDAQ: BLNK) ha ricevuto una lettera di notifica da Nasdaq datata 2 aprile 2025, riguardo alla sua non conformità con la Regola di Quotazione 5250(c)(1) di Nasdaq a causa del ritardo nella presentazione del suo Modulo 10-K per l'anno conclusosi il 31 dicembre 2024.
L'azienda deve presentare un piano di conformità a Nasdaq entro 60 giorni di calendario. Se accettato, Nasdaq può concedere un'estensione fino a 180 giorni di calendario dalla data di scadenza originale, fino al 29 settembre 2025. Blink dichiara di lavorare diligentemente per completare e presentare il Modulo 10-K per riacquistare la conformità.
Blink Charging Co. (NASDAQ: BLNK) ha recibido una carta de notificación de Nasdaq con fecha del 2 de abril de 2025, sobre su incumplimiento de la Regla de Cotización 5250(c)(1) de Nasdaq debido al retraso en la presentación de su Formulario 10-K para el año que finalizó el 31 de diciembre de 2024.
La empresa debe presentar un plan de cumplimiento a Nasdaq dentro de los 60 días calendario. Si es aceptado, Nasdaq puede otorgar una extensión de hasta 180 días calendario desde la fecha de vencimiento original, hasta el 29 de septiembre de 2025. Blink declara que está trabajando diligentemente para completar y presentar el Formulario 10-K para recuperar el cumplimiento.
Blink Charging Co. (NASDAQ: BLNK)는 2025년 4월 2일자로 Nasdaq으로부터 통지서를 받았으며, 이는 2024년 12월 31일로 종료된 연도의 Form 10-K 제출 지연으로 인해 Nasdaq 상장 규칙 5250(c)(1)에 불이행하고 있음을 나타냅니다.
회사는 Nasdaq에 60일 이내에 준수 계획을 제출해야 합니다. 만약 수락된다면, Nasdaq은 원래 기한으로부터 최대 180일의 연장을 허용할 수 있으며, 이는 2025년 9월 29일까지 가능합니다. Blink는 준수를 회복하기 위해 Form 10-K를 완료하고 제출하기 위해 열심히 작업하고 있다고 밝혔습니다.
Blink Charging Co. (NASDAQ: BLNK) a reçu une lettre de notification de Nasdaq datée du 2 avril 2025, concernant son non-respect de la Règle de Cotation 5250(c)(1) de Nasdaq en raison du retard dans le dépôt de son Formulaire 10-K pour l'année se terminant le 31 décembre 2024.
L'entreprise doit soumettre un plan de conformité à Nasdaq dans les 60 jours calendaires. Si accepté, Nasdaq peut accorder une prolongation allant jusqu'à 180 jours calendaires à partir de la date d'échéance initiale, jusqu'au 29 septembre 2025. Blink déclare qu'il travaille avec diligence pour compléter et déposer le Formulaire 10-K afin de retrouver la conformité.
Blink Charging Co. (NASDAQ: BLNK) hat am 2. April 2025 ein Benachrichtigungsschreiben von Nasdaq erhalten, das auf seine Nichteinhaltung der Nasdaq-Listing-Regel 5250(c)(1) hinweist, aufgrund der verspäteten Einreichung seines Formulars 10-K für das am 31. Dezember 2024 endende Jahr.
Das Unternehmen muss innerhalb von 60 Kalendertagen einen Compliance-Plan bei Nasdaq einreichen. Wenn dieser akzeptiert wird, kann Nasdaq eine Verlängerung von bis zu 180 Kalendertagen ab dem ursprünglichen Fälligkeitsdatum gewähren, bis zum 29. September 2025. Blink erklärt, dass es intensiv daran arbeitet, das Formular 10-K abzuschließen und einzureichen, um die Konformität wiederherzustellen.
- None.
- Failure to file Form 10-K on time indicates potential internal control or accounting issues
- Risk of potential Nasdaq delisting if compliance is not achieved
- Regulatory non-compliance may impact investor confidence and stock value
Bowie, MD., April 08, 2025 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ: BLNK) (“Blink” or the “Company”), a leading global owner, operator, provider, and manufacturer of electric vehicle (EV) charging equipment and services, announced today it received a letter from the Nasdaq Stock Market LLC (“Nasdaq”), dated April 2, 2025, informing the Company that it no longer complies with Nasdaq Listing Rule 5250(c)(1) because Blink had not filed its Form 10-K for the year ended December 31, 2024 (the “Form 10-K”) by the time period prescribed by Securities and Exchange Commission rules.
Under Nasdaq’s Listing Rules, the Company must submit a plan to regain compliance with Nasdaq within 60 calendar days of the date of the letter. If Blink’s plan is accepted, then Nasdaq can grant an exception of up to 180 calendar days from the date that the Form 10-K should have been filed, or September 29, 2025. Nasdaq’s Listing Rules also require that the Company make a public announcement disclosing receipt of the notification letter by issuing a press release within four business days of the date of that letter.
The Company continues to work diligently to complete the Form 10-K and plans to file the Form 10-K as promptly as possible to regain compliance with the Nasdaq rule.
Additional information about the notification letter from Nasdaq, dated April 2, 2025, can be found in the Company’s Form 8-K filed with the SEC on April 8th, 2025, which is available free of charge at the SEC’s website, www.sec.gov.
##
About Blink Charging
Blink Charging Co. (Nasdaq: BLNK) is a global leader in electric vehicle (EV) charging equipment and services, enabling drivers, hosts, and fleets to transition to electric transportation through innovative charging solutions easily. Blink’s principal line of products and services include Blink’s EV charging network (“Blink Network”), EV charging equipment, and EV charging services. The Blink Network utilizes proprietary, cloud-based software that operates, maintains, and tracks the EV charging stations connected to the network and the associated charging data. Blink has established key strategic collaborations for rolling out adoption across numerous location types, including parking facilities, multifamily residences and condos, workplace locations, health care/medical facilities, schools and universities, airports, auto dealers, hotels, mixed-use municipal locations, parks and recreation areas, religious institutions, restaurants, retailers, stadiums, supermarkets, and transportation hubs.
For more information, please visit https://blinkcharging.com/
Blink Investor Relations Contact
Vitalie Stelea
IR@BlinkCharging.com
305-521-0200 ext. 446
Blink Media Contact
Nipunika Coe
PR@BlinkCharging.com
305-521-0200 ext. 266
FAQ
What is the deadline for Blink Charging (BLNK) to submit its compliance plan to Nasdaq?
What is the maximum extension period Nasdaq can grant BLNK for filing its 2024 Form 10-K?
What Nasdaq rule did Blink Charging (BLNK) violate?
What are the immediate requirements for BLNK following the Nasdaq notification?
