SDM INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Reminds Smart Digital Investors of the Securities Class Action Lawsuit Deadline on March 16, 2026

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Smart Digital Group Limited due to allegations of securities law violations, urging affected investors to contact them before the March 16, 2026 deadline for lead plaintiff applications in a federal class action lawsuit [2][4]. Group 1: Allegations Against Smart Digital - The complaint alleges that Smart Digital and its executives made false and misleading statements and failed to disclose critical information regarding market manipulation and fraudulent promotion schemes [4]. - Specific allegations include the use of social media misinformation and impersonation by individuals posing as financial professionals to manipulate the stock price [4]. - It is claimed that insiders used offshore accounts to facilitate the dumping of shares during a price inflation campaign, which was not disclosed in the company's public statements [4]. Group 2: Stock Price Collapse and SEC Actions - On September 26, 2025, Smart Digital's stock price plummeted by 86.4%, closing at $1.85 per share, following a trading halt by NASDAQ due to volatility [5]. - The SEC suspended trading in Smart Digital securities from September 29, 2025, to October 10, 2025, due to potential manipulation linked to social media recommendations that aimed to artificially inflate the stock price [5]. - Following the SEC's suspension, NASDAQ also suspended trading in Smart Digital securities pending further information, with trading remaining suspended at the time of the report [5]. Group 3: Legal Proceedings and Investor Participation - The lead plaintiff in the class action will be the investor with the largest financial interest who is also typical of the class members, overseeing the litigation on behalf of the class [6]. - Any member of the class can apply to serve as lead plaintiff or choose to remain an absent class member without affecting their ability to share in any recovery [6]. - Faruqi & Faruqi encourages anyone with information regarding Smart Digital's conduct to come forward, including whistleblowers and former employees [7].