Item 3.01Item 3.01 - Notice of Delisting
Item
3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
As
previously disclosed, on January 26, 2026, Blink Charging Co. (the “Company”) received written notice from the Listing Qualifications
Department (the “Staff”) of The Nasdaq Stock Market (“Nasdaq”) notifying the Company that, for the then-preceding
30 consecutive business days, the bid price of the Company’s common stock had closed below the minimum $1.00 per share requirement
for continued inclusion under Nasdaq Marketplace Rule 5550(a)(2) (the “Bid Price Rule”). In accordance with Nasdaq Marketplace
Rule 5810(c)(3)(A), the Company was provided with an initial period of 180 calendar days, or until July 27, 2026, to regain compliance
with the Bid Price Rule.
On
July 28, 2026, the Company received a second notice (the “Second Notice”) from Nasdaq indicating that, while the Company
has not yet regained compliance with the Bid Price Rule, the Staff has determined that the Company is eligible for an additional 180
calendar day period, or until January 25, 2027 (the “Second Compliance Period”), to regain compliance. According to the Second
Notice, the Staff’s determination was based on (i) the Company meeting the continued listing requirement for market value of publicly
held shares and all other applicable requirements for initial listing on The Nasdaq Capital Market, with the exception of the Bid Price
Rule, and (ii) the Company’s written notice of its intention to cure the deficiency during the Second Compliance Period by effecting
a reverse stock split, if necessary.
If
at any time during the Second Compliance Period, the closing bid price of the Company’s common stock is at least $1.00 per share
for a minimum of 10 consecutive business days, Nasdaq will provide the Company with written confirmation of compliance. The Staff may,
in its discretion, require the Company to maintain a bid price of at least $1.00 per share for a period in excess of 10 consecutive business
days, but generally no more than 20 consecutive business days, before determining that the Company has demonstrated an ability to maintain
long-term compliance. If the Company chooses to implement a reverse stock split, it must complete the split no later than 10 business
days prior to the expiration of the Second Compliance Period. If compliance cannot be demonstrated by January 25, 2027, the Staff will
provide written notification that the Company’s securities will be delisted. At that time, the Company may appeal the delisting
determination to a Nasdaq Hearings Panel. There can be no assurance that the Company will regain compliance or otherwise maintain compliance
with any of the other listing requirements.
The
Company intends to continue to monitor the closing bid price of its common stock and may, if appropriate, consider available options
to regain compliance with the Bid Price Rule.
Forward-Looking
Statements
Certain
information contained in this Current Report on Form 8-K includes “forward-looking statements” within the meaning of Section
27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. We may in some cases
use terms such as “predicts,” “believes,” “potential,” “continue,” “anticipates,”
“estimates,” “expects,” “plans,” “intends,” “likely,” “will”
or other words that convey uncertainty of the future events or outcomes to identify these forward-looking statements. Our forward-looking
statements are based on current beliefs and expectations of our management team that involve risks, potential changes in circumstances,
assumptions and uncertainties. Any or all of the forward-looking statements may turn out to be wrong or be affected by assumptions we
make that later turn out to be incorrect, or by known or unknown risks and uncertainties. These forward-looking statements are subject
to risks and uncertainties including risks related to our ability to regain compliance with Nasdaq’s continued listing requirements
or otherwise maintain compliance with any other listing requirement of The Nasdaq Capital Market, including the Nasdaq Minimum Bid Price
Requirement, timely file our request for a hearing, the potential delisting of our shares from The Nasdaq Capital Market due to our failure
to comply with the Nasdaq Minimum Bid Price Requirement, and the other risks set forth in our filings with the Securities and Exchange
Commission, including in our Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q. For all these reasons, actual results
and developments could be materially different from those expressed in or implied by our forward-looking statements. You are cautioned
not to place undue reliance on these forward-looking statements, which are made only as of the date of this Current Report on Form 8-K.
We undertake no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances unless required
by federal securities laws.