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    SEC Form 6-K filed by Huachen AI Parking Management Technology Holding Co. Ltd.

    8/6/25 4:30:06 PM ET
    $HCAI
    Miscellaneous manufacturing industries
    Consumer Discretionary
    Get the next $HCAI alert in real time by email
    6-K 1 ea0251779-6k_huachen.htm REPORT OF FOREIGN PRIVATE ISSUER

     

     

    UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549

     

    Form 6-K

     

    REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16
    UNDER THE SECURITIES EXCHANGE ACT OF 1934

     

    For the month of August 2025

     

    Commission File Number: 001-42505

     

    Huachen AI Parking Management Technology Holding Co., Ltd

    (Translation of registrant’s name into English)

     

    No.1018 Haihe Road, Dushangang Town,

    Pinghu City, Jiaxing, Zhejiang Province,

    China, 314205
    (Address of principal executive office)

     

    Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

     

    Form 20-F ☒   Form 40-F ☐

     

     

     

     

     

     

    Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. 

     

    On August 4, 2025, Huachen AI Parking Management Technology Holding Co., Ltd (the “Company”) received a letter from the Listings Qualifications Department of The Nasdaq Capital Market (“Nasdaq”) notifying the Company that the minimum closing bid price per share for its ordinary shares, par value US$0.00000125 per share (“Ordinary Shares”) was below $1.00 for a period of 30 consecutive business days and that the Company did not meet the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2). The Nasdaq notification letter does not result in the immediate delisting of the Company’s Ordinary Shares, and the Ordinary Shares will continue to trade uninterrupted under the symbol “HCAI.”

     

    Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company has a compliance period of one hundred eighty (180) calendar days, or until February 2, 2026 (the “Compliance Period”), to regain compliance with Nasdaq’s minimum bid price requirement. If at any time during the Compliance Period, the closing bid price per share of the Company’s Ordinary Shares is at least $1.00 for a minimum of ten (10) consecutive business days, Nasdaq will provide the Company with written confirmation of compliance and the matter will be closed.

     

    In the event the Company does not regain compliance by February 2, 2026, the Company may be eligible for an additional 180 calendar day grace period. To qualify, the Company will be required to meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for the Nasdaq Capital Market, with the exception of the bid price requirement, and will need to provide written notice of its intention to cure the deficiency during the second compliance period, including by effecting a reverse stock split, if necessary. If Nasdaq determines that the Company will not be able to cure the deficiency, or if the Company is otherwise not eligible for the additional compliance period, Nasdaq will provide notice that the Ordinary Shares will be subject to delisting. The Company would have the right to appeal a determination to delist its Ordinary Shares to a hearings panel.

     

    On August 6, 2025, the Company issued a press release entitled “Huachen AI Parking Management Technology Holding Co., Ltd. Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Deficiency.” A copy of the please release is filed as Exhibit 99.1 to this Current Report on Form 6-K and is incorporated herein by reference.

     

    Exhibits.

     

    The following exhibits are being filed herewith:

     

    Exhibit No.   Description
    99.1   Press Release, dated August 6, 2025, titled “Huachen AI Parking Management Technology Holding Co., Ltd. Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Deficiency”

     

    1

     

     

    SIGNATURES

     

    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

     

    Date: August 6, 2025 Huachen AI Parking Management Technology Holding Co., Ltd,
       
      By: /s/ Bin Lu
      Name:  Bin Lu
      Title: Chief Executive Officer

     

     

    2

     

     

     

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