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IMTE Receives Nasdaq Notice Regarding Minimum Bid Requirements
Prnewswire· 2026-01-07 15:03
Core Viewpoint - Integrated Media Technology Limited (IMTE) has received a notification from Nasdaq regarding its failure to meet the minimum bid price requirement for its common stock, which has been below $1.00 for 30 consecutive business days [1][2]. Compliance and Listing Details - The notification indicates that IMTE is not in compliance with Nasdaq Listing Rule 5550(a)(2) [2]. - The company has a compliance period of 180 calendar days, until June 29, 2026, to regain compliance by achieving a closing bid price of at least $1.00 for a minimum of 10 consecutive business days [4]. - If IMTE fails to regain compliance by the deadline, it may be eligible for an additional 180-day period, provided it meets other listing requirements and notifies Nasdaq of its intention to cure the deficiency [5]. Company Overview - IMTE is engaged in trading Halal products, manufacturing and selling nano-coated plates for filters, and producing electronic glass [6].
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].
IMTE Announces Receipt of Delisting Determination Letter from Nasdaq
Prnewswire· 2025-10-31 13:46
Core Points - Integrated Media Technology Limited (IMTE) has received a delisting determination letter from Nasdaq due to non-compliance with filing requirements, specifically for failing to timely file its Form 20F for the year ended December 31, 2024 [1][2] - The company was granted an exception until October 29, 2025, to regain compliance but failed to meet the terms of this exception [2] - IMTE intends to request a hearing before the Nasdaq Hearings Panel, which will temporarily stay any suspension or delisting action for 15 days from the date of the request [3] Company Overview - IMTE is an Australian company involved in trading Halal products, manufacturing and selling nano coated plates for filters, and producing electronic glass [4]