KNDI Shares Stay Below $1 as Nasdaq Deadline Looms
Kandi Technologies shares traded at 72 cents Friday morning in New York, remaining below Nasdaq’s $1 minimum bid requirement. The company has until Nov. 2 to regain compliance or risk delisting. Kandi reported 2025 net revenue of $87.4 million, down sharply from 2024, with most sales from off-road vehicles. Broader U.S. markets rose ahead of Memorial Day, but Kandi’s stock lagged.