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Blue Hat Interactive Entertainment Technology Announces the Company’s Receipt of Nasdaq Delisting Notice Subject to Hearing
Globenewswire· 2026-03-13 20:05
Core Viewpoint - Blue Hat Interactive Entertainment Technology has received a delisting determination from Nasdaq due to non-compliance with the Low Priced Stocks Rule, as its securities had a closing bid price of $0.10 or less for ten consecutive trading days from February 23, 2026, to March 6, 2026 [1][2]. Group 1: Delisting Details - The Nasdaq has determined to delist the Company's ordinary shares from The Nasdaq Capital Market due to the low bid price [1][2]. - The Company was previously under a mandatory panel monitor until April 2, 2026, after regaining compliance with Nasdaq's minimum bid price requirement on April 2, 2025 [2]. - The trading of the Company's ordinary shares will be suspended at the opening of business on March 16, 2026, and a Form 25-NSE will be filed with the SEC to remove the Company's securities from listing [3]. Group 2: Appeal Process - The Company has submitted a request for a hearing before the Nasdaq hearings panel to seek continued listing on The Nasdaq Capital Market [4]. - There is no assurance that the Company's appeal will be successful or that it will ultimately be able to continue its listing [4]. Group 3: Company Background - Blue Hat was formerly a provider of communication services and is now focused on AR interactive entertainment games, toys, and educational materials in China [5]. - The Company is expanding its business into commodity trading, aiming to become a leading intelligent commodity trader worldwide [5].
ECD Automotive Design Announces Intent to File Form 25
Businesswire· 2026-03-10 22:23
Core Viewpoint - ECD Automotive Design intends to file a Form 25 Notification of Removal from Listing with the SEC to delist its common stock from Nasdaq, following the suspension of trading on January 16, 2026 [1] Company Overview - ECD Automotive Design, Inc. is recognized as the world's largest Land Rover and Jaguar restoration company, specializing in bespoke luxury vehicles including Land Rover Defenders, Range Rovers, Jaguar E-Types, and Ford Mustangs [1][1] - The company operates a facility in Florida where each vehicle is customized to client specifications, combining classic design with modern performance and technology [1][1] Delisting Process - The company plans to file the Form 25 on or about March 20, 2026, which will formally remove its common stock from listing and registration on Nasdaq [1] - The delisting will take effect ten days after the filing of the Form 25 [1] - Following the delisting, the company is assessing potential next steps regarding the trading of its securities and its reporting obligations under the Securities Exchange Act of 1934 [1]
Beyond Meat gets delisting warning notice
Yahoo Finance· 2026-03-09 11:30
Core Viewpoint - Beyond Meat is facing a potential delisting from the Nasdaq Global Select Market due to its shares trading below the minimum threshold of $1 for 30 consecutive business days [1][2]. Group 1: Stock Performance - Beyond Meat's stock has been trading below $1 since late last year, with a significant decline of nearly 76% over the past 12 months, last recorded at $0.79 [2]. - The company has not reported a profit since its IPO in 2019, and it is currently experiencing falling sales, widening losses, and balance-sheet strains [2]. Group 2: Compliance and Listing Status - Beyond Meat has 180 calendar days to regain compliance with Nasdaq listing requirements, with a deadline set for August 31 [3]. - To regain compliance, the company's stock must close at or above $1.00 per share for at least ten consecutive business days before the compliance date [3]. Group 3: Potential Actions and Strategies - If compliance is not achieved, Beyond Meat may qualify for a second 180-day period, which would involve transferring to the Nasdaq Capital Market and meeting additional listing standards [4]. - The company is considering options to regain compliance, including the possibility of initiating a reverse stock split, which shareholders have already approved [5]. - Management has outlined a turnaround strategy that includes cost reductions and margin expansion efforts, alongside a recent debt exchange aimed at eliminating over $800 million in debt [6].
American Rebel Holdings Announces Strategic Transition to OTC Markets and Confirms Board Decision Not to Appeal Nasdaq Delisting Determination
Globenewswire· 2026-02-11 12:00
Core Viewpoint - American Rebel Holdings, Inc. will not appeal the Nasdaq delisting determination and will transition to OTC Markets, aiming for an upgrade to higher tiers as eligibility requirements are met [1][3][9] Company Strategy - The company intends to remain a fully reporting public entity, ensuring timely and transparent disclosures to maintain liquidity options for shareholders [2][11] - The decision to transition is based on the volatility of the Nasdaq market and stringent listing standards that have created challenges for small-cap companies [3][5] - The company plans to strengthen its fundamentals, improve capital access, and evaluate relisting options on national exchanges, including NYSE and Texas Stock Exchange [3][12] Business Momentum - American Rebel has executed significant strategic actions during its nearly four-year tenure on Nasdaq, focusing on business building, brand expansion, and disciplined growth initiatives [4][8] - The company has made strategic investments to support long-term value creation, including the acquisition of Champion Safe and the expansion of its Beverage Division [8] Nasdaq Delisting Details - Nasdaq determined that the company was not in compliance with the minimum bid price requirement, with the share price closing below $1.00 for 30 consecutive business days [5] - The company has undergone multiple reverse stock splits, which contributed to its ineligibility for a compliance period [6] Transition to OTC Markets - The company's securities are scheduled to be suspended from trading on Nasdaq on February 13, 2026, and a Form 25-NSE will be filed to remove the company's securities from Nasdaq listing [9][10] - The transition to OTC Markets is subject to the submission and approval of necessary forms and actions by third-party broker-dealers [10] Shareholder Communication - Shareholders will retain ownership of their shares, which are expected to transition to OTC quotation following Nasdaq's suspension process [11] - The company emphasizes that it is not going private and remains committed to being a fully reporting public company [11]
Bitcoin Miner Canaan Receives Nasdaq Delisting Warning Over Sub-$1 Share Price
Yahoo Finance· 2026-01-16 20:25
Core Viewpoint - Canaan Inc. has received a warning from Nasdaq regarding its share price falling below $1, which could lead to delisting if not addressed within the specified timeframe [1][3]. Group 1: Nasdaq Warning and Compliance - Canaan's American depositary shares (ADSs) have closed below $1 for 30 consecutive business days, triggering a deficiency notification from Nasdaq [2]. - The company has 180 calendar days, until July 13, 2026, to restore compliance by raising its ADS closing bid to at least $1 for 10 consecutive trading sessions [3]. - If compliance is not achieved by the deadline, Canaan may qualify for a second 180-day compliance window, contingent on Nasdaq staff review and a $5,000 application fee [4]. Group 2: Stock Performance and Market Conditions - Canaan's stock continued to trade below the $1 mark, dropping 3% to around $0.80, with the last quoted price at $0.798 as of January 16, 2026 [6]. - The stock has remained below $1 since October 2025, when the company announced a contract related to Bitcoin mining in Japan [7]. - Canaan's performance is closely tied to the demand for bitcoin mining machines and broader market conditions in the crypto industry, with executives acknowledging macroeconomic and regulatory risks [8].
JBDI Holdings Announces Receipt of Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
Globenewswire· 2026-01-14 18:52
Core Viewpoint - JBDI Holdings Limited has received a notification from Nasdaq regarding non-compliance with the minimum bid price requirement, allowing the company a compliance period until July 6, 2026 to regain compliance [1][2]. Group 1: Nasdaq Notification - The company’s ordinary shares failed to maintain a minimum bid price of $1.00 for 30 consecutive business days, as per Nasdaq Listing Rule 5550(a)(2) [1]. - The company has 180 calendar days, until July 6, 2026, to regain compliance with the minimum bid price requirement [2]. - If the company’s shares reach at least $1 for ten consecutive business days during this period, it will receive written confirmation of compliance [2]. Group 2: Compliance Options - If compliance is not regained by July 6, 2026, the company may be eligible for an additional compliance period, provided it meets other listing requirements [2]. - The company may need to execute a reverse stock split to meet the bid price requirement if necessary [2]. Group 3: Company Commitment - The CEO of JBDI Holdings Limited emphasized the importance of maintaining the Nasdaq listing for shareholder value and pledged efforts towards improved performance to meet listing standards [3]. Group 4: Company Overview - JBDI Holdings Limited specializes in environmentally friendly products and services, focusing on the revitalization, reconditioning, and recycling of drums and related containers in Singapore and Southeast Asia [5]. - The company has nearly four decades of industry experience and aims to help customers achieve a zero environmental impact footprint while optimizing resource allocation and reducing costs [5].
FAT Brands receives Nasdaq delisting notice after stock falls below $1
Yahoo Finance· 2026-01-12 17:28
Core Viewpoint - FAT Brands has received a delisting notice from Nasdaq due to its stock price falling below $1.00 for 30 consecutive days, with a compliance deadline of 180 days to regain the required stock price [1][4]. Group 1: Delisting Notice and Compliance - The company has until July 7, 2026, to regain compliance by closing above $1.00 for 10 consecutive days, or it will face delisting from the Nasdaq stock market [1]. - The delisting notice follows recent financial struggles, including debt acceleration notices from lenders and potential bankruptcy considerations [2]. Group 2: Stock Performance - FAT Brands' stock price has decreased nearly 80% over the past six months, dropping from a peak of $2.30 in September 2025 to $0.37 as of January 9, 2026 [4]. - The company has not maintained the Nasdaq requirement of a minimum stock price of $1.00 since November 19, 2025 [4]. Group 3: Financial Strategy and Operations - The company has financed its growth and debt reduction primarily through brand acquisitions, including notable purchases like Johnny Rockets in 2020 and Smokey Bones in 2023 [3]. - An internal memo indicated that FAT Brands is in "active talks" with bondholders to restructure its balance sheet while assuring franchisees that everyday operations would continue as usual [5].
IMTE Announces Receipt of Additional Delisting Determination Letter from Nasdaq
Prnewswire· 2026-01-06 12:50
Core Viewpoint - Integrated Media Technology Limited (IMTE) has received an additional delisting determination letter from Nasdaq due to its failure to file required financial reports, which jeopardizes its continued listing on the Nasdaq Stock Market [1][2]. Group 1: Delisting Determination - IMTE has not filed a Form 6-K containing an interim balance sheet and income statement for the second quarter, leading to non-compliance with Nasdaq Listing Rules [1]. - The company previously received a delisting determination letter on October 30, 2025, for failing to file its Form 20-F for the year ended December 31, 2024, which is a requirement under Nasdaq's Listing Rule 5250(c)(1) [2]. - A hearing was held on December 2, 2025, and the Nasdaq Hearings Panel granted an extension until January 30, 2026, for IMTE to demonstrate compliance with the periodic filing rule [2]. Group 2: Company Response - The Staff has notified the Panel to consider the additional delisting determination regarding IMTE's failure to file the Interim Report in their decision on the company's continued listing [3]. - IMTE plans to present its views regarding this additional deficiency to the Panel by January 9, 2026 [3]. Group 3: Company Overview - IMTE is engaged in trading Halal products, manufacturing and selling nano-coated plates for filters, and producing electronic glass [4].
Battered crypto stock surges on New Year’s first trading day
Yahoo Finance· 2026-01-02 19:40
Company Overview - Kindly MD, Inc. is a healthcare and healthcare data company that integrates prescription medicine with behavioral health services, operating specialty outpatient clinics on a subscription and fee-for-service basis [2] - The company offers a range of services including chronic pain management, cognitive behavioral therapy, trauma recovery, and preventive care, along with data collection and online marketing services [2] Recent Developments - In mid-May 2025, Kindly MD merged with Nakamoto Holdings Inc., a Bitcoin-focused firm, transforming into a Bitcoin treasury company and currently holds approximately 5,398 BTC valued at over $483.38 million [3] - On December 10, 2025, Kindly MD received a delisting notice from Nasdaq due to its shares failing to trade above the minimum bid price of $1 for 30 consecutive business days [4] Compliance and Stock Performance - Kindly MD has until June 8, 2026, to regain compliance with Nasdaq's listing requirements by maintaining a closing bid price of at least $1 for 10 consecutive trading days, with a possible extension [5] - Despite compliance challenges, Kindly MD's stock opened 2026 with a gain of over 12.28%, trading near $0.394, and showed a year-to-date gain of 7.37%, although it is down 20.20% over the past month [5][6]
Tile Shop Announces Effective Date for Stock Splits and Delisting from Nasdaq Capital Market
Globenewswire· 2025-12-12 16:58
Core Viewpoint - Tile Shop Holdings, Inc. is implementing a reverse and forward stock split in connection with its voluntary delisting from The Nasdaq Capital Market to reduce costs and focus on long-term growth [1][4]. Stock Split Details - The company will execute a 1-for-3,000 reverse stock split followed by a 3,000-for-1 forward stock split on December 15, 2025 [2]. - Stockholders with fewer than 3,000 shares will receive $6.60 in cash for each whole share held prior to the reverse split [3]. - Continuing stockholders will retain the same number of shares post-split, as the forward split will reconvert their fractional interests back into whole shares [3]. Delisting and Deregistration - The delisting and deregistration aim to save the company over $2.4 million annually by avoiding the costs associated with being a public reporting company [4]. - The company plans to file a Form 25 with the SEC on December 17, 2025, to initiate the delisting process [4]. - Following the delisting, a Form 15 will be filed around December 27, 2025, to deregister the common stock and suspend periodic reporting obligations [4]. Company Overview - Tile Shop is a leading specialty retailer in the U.S. for natural stone, man-made, and luxury vinyl tiles, operating 140 stores across 31 states and the District of Columbia [6].