XCHG Ltd

XCHG Limited announced it received a notice from Nasdaq on June 24, 2026, indicating non-compliance with the minimum bid price requirement. The company's American Depositary Shares (ADSs) traded below $1.00 for 30 consecutive business days. XCHG has 180 calendar days, until December 21, 2026, to regain compliance by maintaining a closing bid price of $1.00 or more for at least 10 consecutive business days. The notice does not immediately impact the listing of its ADSs, but failure to comply could lead to delisting.

XCHG Ltd announced it received a written notice from Nasdaq on June 24, 2026, indicating non-compliance with the minimum bid price requirement. The company's American Depositary Shares (ADSs) traded below $1.00 for 30 consecutive business days. XCHG has 180 calendar days, until December 21, 2026, to regain compliance by having its closing bid price meet or exceed $1.00 for at least 10 consecutive business days. The notice does not immediately affect the listing or the company's business operations, and XCHG intends to monitor its stock price and consider options to regain compliance.

XCharge Ltd. announced the pricing of a registered direct offering, expecting to raise approximately $4.375 million. The company will sell 7,000,000 American depositary shares (ADSs) to a single global institutional investor. A.G.P./Alliance Global Partners is serving as the sole placement agent, receiving a 6.75% commission. The net proceeds from the offering are intended for working capital and general corporate purposes.

XCHG Limited announced it has entered into a securities purchase agreement with a single global institutional investor for a registered direct offering. The company will sell 7,000,000 American depositary shares (ADSs), expecting to raise approximately $4.375 million in gross proceeds. The net proceeds from this offering are intended for working capital and general corporate purposes, with the closing anticipated around June 29, 2026.

XCHG Ltd (XCharge) announced its strategic expansion into the energy storage market with the launch of GridOne, a new all-in-one PV-ESS system. GridOne is designed for commercial and industrial applications, featuring 125 kW PCS power, a 215 kWh LFP battery, and optional 50 kW PV MPPT. This move signifies XCharge's evolution from a high-performance DC charging solutions provider to an integrated energy and charging solutions company, aiming to support a broader range of energy needs.

XCharge Limited unveiled the new generation of its C7 DC fast-charging station at Power2Drive Europe in Munich. This advanced station delivers up to 480 kW of charging power, addressing the growing demand in Europe for high-performance, user-friendly, and scalable EV charging infrastructure. The product builds on proven field experience and has already been adopted by EnBW, Germany's largest public fast-charging network, which recently listed XCharge as a supplier. The C7 features comprehensive system design for reliability, including built-in cybersecurity with TLS 1.3 protection, secure OTA updates, and support for industry standards like OCPP 2.0.1 and ISO 15118 Plug & Charge.

XCHG Ltd announced the appointment of Ms. Albina Iljasov as Co-Chief Executive Officer, effective June 1, 2026. She will serve alongside Mr. Yifei Hou and primarily oversee the Company’s European operations, strategic initiatives, and information security and cybersecurity efforts. This move is intended to strengthen XCHG's operational execution and support its continued global expansion and international growth.

XCHG Limited announced its participation in the Webull Corporate Connect Webinar Series for the Clean Energy Sector on April 15, 2026. CFO Joel A. Gallo will discuss the company's financial performance, while COO Aatish Patel will present on operations and deployment strategy for high-power EV charging infrastructure. This event provides an opportunity for the company to communicate its business updates to investors.