TURB Turbo Energy, S.A.
Price Chart
Executive Summary
Turbo Energy reports it has regained compliance with Nasdaq's minimum stockholders' equity requirement, estimating equity at approximately $6.48 million as of June 3, 2026, up from $1.88 million at year-end 2025, following $5.0 million in gross proceeds from a registered direct offering and ATM sales. The company received a Nasdaq extension to June 30, 2026, to evidence compliance, and this filing provides preliminary estimates that it now meets the $2.5 million threshold, though Nasdaq's review remains ongoing and delisting risk persists if compliance is not maintained at the next periodic report.
Actionable Insight
The delisting risk is materially reduced in the near term, but the equity estimate is preliminary and unaudited — the stock may re-rate on compliance certainty. Monitor the Q2 2026 20-F filing (due August 2026) for audited equity confirmation; any shortfall below $2.5M would re-introduce delisting risk and likely trigger a sharp sell-off.
Key Facts
- Stockholders' equity estimated at approximately $6.48 million as of June 3, 2026, up from $1.88 million as of December 31, 2025.
- Nasdaq granted an extension to June 30, 2026, to regain compliance with the minimum $2.5 million equity requirement.
- Raised approximately $5.0 million in gross proceeds via a registered direct offering ($3.25M) and ATM program ($1.8M), resulting in net proceeds of ~$4.4 million.
- Issued approximately 7.8 million ordinary shares (1.56 million ADSs) in aggregate across both offerings.
- Nasdaq will continue to monitor compliance; failure to evidence compliance at the next periodic report may result in delisting.
- Preliminary, unaudited estimates subject to change upon completion of Q2 2026 financial close.
Financial Impact
Stockholders' equity increased from $1.88M to ~$6.48M, exceeding the $2.5M Nasdaq minimum. Gross proceeds of ~$5.0M raised, net ~$4.4M after fees.
Risk Factors
- Preliminary equity estimate of $6.48M is unaudited and subject to material adjustment after Q2 2026 close.
- Nasdaq's review is ongoing and no assurance of final determination; delisting remains possible if next periodic report shows non-compliance.
- Significant dilution from 7.8 million new ordinary shares issued in 2026, pressuring per-share metrics.
- Historical performance shows TURB has been highly volatile with negative average returns following prior filings.
Market Snapshot
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 6-K Filing (Primary) | 0001213900-26-064451 |
| Document: ea029339101ex99-1.htm | 0001213900-26-064451 |
| Document: 0001213900-26-064451-index-headers.html | 0001213900-26-064451 |
| Document: 0001213900-26-064451-index.html | 0001213900-26-064451 |
| Document: 0001213900-26-064451.txt | 0001213900-26-064451 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 5, 2026
1d ago
|
6-K
| $1.81 awaiting T+1 | awaiting T+1 | — | $1.73 (−4.42%) |
|
Jun 3, 2026
3d ago
|
6-K
| $1.73 $1.77 | ▲ +2.31% | ▲ +1.91% | $1.73 (+0.00%) |
|
May 18, 2026
19d ago
|
6-K
| — | awaiting T+1 | — | — |
|
May 18, 2026
19d ago
|
Press Release
| $1.36 $1.31 | ▼ −3.68% | ▼ −3.03% | $1.73 (+27.21%) |
|
May 15, 2026
22d ago
|
20-F
| $1.36 $1.31 | ▼ −3.68% | ▼ −3.03% | $1.73 (+27.21%) |
|
May 11, 2026
26d ago
|
6-K / PRESS-RELEASE
| $1.28 $1.29 | ▲ +0.78% | ▲ +0.92% | $1.73 (+35.16%) |
|
Apr 29, 2026
5w ago
|
6-K
| — | awaiting T+1 | — | — |
|
Apr 28, 2026
5w ago
|
6-K
| $1.86 $1.86 | · 0.00% | ▲ +0.01% | $1.73 (−6.99%) |
|
Apr 27, 2026
5w ago
|
6-K
| $1.89 $1.86 | ▼ −1.59% | ▼ −1.10% | $1.73 (−8.47%) |
|
Apr 9, 2026
8w ago
|
6-K
| $2.26 $2.15 | ▼ −4.87% | ▼ −4.81% | $1.73 (−23.45%) |
US Market Status
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