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POWERBANK Corp
PowerBank Corporation will propose a share consolidation (reverse stock split) at its Annual General and Special Meeting on October 29, 2026. The board has the discretion to set the consolidation ratio between 1-for-10 and 1-for-30, to be implemented at any time prior to October 29, 2027.…more
POWERBANK Corp
PowerBank Corporation has been granted an additional 180-day compliance period by Nasdaq to meet the minimum bid price requirement, extending the deadline to March 28, 2027. Additionally, the company announced that its directors and officers will establish an Automatic Securities Disposition Plan (ASDP) effective October 2, 2026, to facilitate future share sales.…more
POWERBANK Corp
PowerBank Corporation has officially terminated its At-The-Market (ATM) equity offering program, which was originally established in February 2026. This action halts any further equity issuance and capital raising activities under this specific program.…more
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PowerBank Granted 180-Day Extension by Nasdaq to Regain Compliance
PowerBank has received a 180-day extension from Nasdaq to meet listing compliance requirements. The company must now fulfill these requirements by March 28, 2027, to maintain its listing status.…more
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PowerBank reported a significant miss on both EPS and revenue estimates for the fourth quarter. Both metrics showed a sharp decline compared to the same period last year, indicating weakened financial performance.…more
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PowerBank has been awarded a contract to develop and construct a 1.628 MW solar project for the State University of New York at Oneonta. The company will own and operate the facility upon the completion of the project.…more
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