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Last $0.04 USD
Change Today +0.0003 / 0.79%
Volume 4.7M
AXPW On Other Exchanges
As of 8:10 PM 04/24/15 All times are local (Market data is delayed by at least 15 minutes).

axion power international (AXPW) Snapshot

Previous Close
Day High
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52 Week High
05/14/14 - $9.46
52 Week Low
04/7/15 - $0.03
Market Cap
Average Volume 10 Days
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Dividend Yield

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axion power international (AXPW) Details

Axion Power International, Inc. designs, develops, manufactures, and sells advanced energy storage devices, components, and systems based on its patented PbC Technology. Its PbC batteries and battery components are used in various energy system storage functions. The company was founded in 2003 and is based in New Castle, Pennsylvania.

40 Employees
Last Reported Date: 04/15/15
Founded in 2003

axion power international (AXPW) Top Compensated Officers

Chief Financial Officer and Director
Total Annual Compensation: $169.6K
Chief Operating Officer
Total Annual Compensation: $219.8K
Senior Vice President of Business Development...
Total Annual Compensation: $247.5K
Total Annual Compensation: $418.0K
Compensation as of Fiscal Year 2013.

axion power international (AXPW) Key Developments

Axion Power International Inc. Auditor Raises 'Going Concern' Doubt

Axion Power International Inc. filed its 10-K on Apr 15, 2015 for the period ending Dec 31, 2014. In this report its auditor, Mayer Hoffman McCann P.C., gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Axion Power International Inc. announced delayed annual 10-K filing

On 03/31/2015, Axion Power International Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC.

Axion Power International Receives Non-Compliance Notice From NASDAQ

On February 19, 2015, Axion Power International, Inc. received a written notification from the Nasdaq Stock Market LLC that it did not meet the $1.00 minimum bid requirement from January 5, 2015 to February 18, 2015 under Nasdaq Listing Rule 5550(a)(2) which requires the Company to maintain a minimum bid price of at least $1.00 for at least one trading day during any consecutive 30 trading day period. The notification does not result in the immediate delisting of the Company's common stock, and its common stock will continue to trade uninterrupted on the Nasdaq Capital Market. The Company has been provided with a 180 calendar day period, or until August 18, 2015, to regain compliance with this requirement. To regain compliance with the minimum bid price requirement, the Company must have a closing bid price of at least $1 per share for a minimum of ten consecutive business days during this compliance period. In the event that the Company does not regain compliance within this period, it may be eligible for additional time to regain compliance. To qualify, the Company will be required to meet the continued listing requirement for market value of publically held shares and all other initial listing standards for The Nasdaq Capital Market, with the exception of the closing bid price requirement, and will need to provide written notice of its intention to cure the deficiency during the second compliance period. If it appears to Nasdaq that the Company will not be able to cure the deficiency, or if the Company is not otherwise eligible for additional time to regain compliance, the Company's common stock will be subject to delisting by Nasdaq. The Company may still appeal Nasdaq's determination to delist its common stock, and during any appeal process, the Company's common stock would continue to trade on the Nasdaq Capital Market. The Company is currently looking at all of the options available with respect to regaining such compliance.


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