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PBTS Announces Receipt of NASDAQ Notification Letter Regarding Minimum Bid Price Deficiency

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ZHUHAI, China, Nov. 11, 2022 /PRNewswire/ — Powerbridge Technologies Co., Ltd. (“Powerbridge” or “the “Company“) (NASDAQ: PBTS), a provider of multi-industry technology solutions, announced that it has received a notification letter (the “Notification Letter“) from the Nasdaq Stock Market LLC (the “NASDAQ“) dated November 7, 2022, 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. This press release is issued pursuant to NASDAQ Listing Rule 5810(b), which requires prompt disclosure upon the receipt of a deficiency notification. NASDAQ Listing Rule…

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