Elong power receives nasdaq notification of non-compliance with listing rules 5450(a)(1), 5450(b)(2)(a), and 5450(b)(2)(c)

Beijing , oct. 9, 2025 /prnewswire/ -- elong power holding limited. (nasdaq: elpw) (the "company"),  today announced that it received a notification letter, dated october 3, 2025 (the "notification letter "), from the listing qualifications department of the nasdaq stock market inc. (the "nasdaq"), notifying the company that it is not in compliance with the requirement to maintain a minimum closing bid price of $1.00 per share, as set forth in nasdaq listing rule 5450(a)(1), because the closing bid price of the company's ordinary shares was below $1.00 per share for 30 consecutive business days.
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