Research Reports

Key takeaways

Nasdaq notified GridAI of non-compliance due to late 10-K filing for period ended December 31, 2025.

Company has until June 22, 2026 to submit a plan to regain compliance.

If plan accepted, Nasdaq may grant extension up to October 12, 2026.

Delay attributed to complexity in accounting for recent acquisition of Grid AI Corp.

Company intends to file 10-K as soon as possible and submit compliance plan.

No assurance that Nasdaq will accept the plan or that compliance will be regained.

Full analysis

GridAI Technologies Corp. disclosed receipt of a Nasdaq deficiency notice on April 22, 2026, for failing to timely file its Form 10-K for the fiscal year ended December 31, 2025, violating Listing Rule 5250(c)(1). The company has 60 calendar days, until June 22, 2026, to submit a plan to regain compliance. If accepted, Nasdaq may grant an extension of up to 180 calendar days from April 15, 2026, through October 12, 2026. The filing delay stems from complexities in reviewing accounting treatment related to the recent acquisition of Grid AI Corp. The company intends to file the 10-K promptly and submit a compliance plan, but there is no guarantee of acceptance or eventual compliance. This event poses significant risk to the company's listing status and investor confidence.

GRDX · GridAI Technologies Corp.

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