Powerbridge technologies co., ltd. announces receipt of nasdaq notification letter regarding minimum bid price deficiency

Zhuhai, china , aug. 16, 2023 /prnewswire/ -- powerbridge technologies co., ltd. (nasdaq: pbts) (the "company" or "pbts"), a provider of multi-industry technology solutions, today announced that it has received a notification letter (the "notification letter") from the nasdaq stock market llc (the "nasdaq") dated august 11, 2023, notifying the company that it is not in compliance with the minimum bid price requirement as set forth under nasdaq listing rule 5550(a)(2) for continued listing on the nasdaq.
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