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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].