Core Viewpoint - A class action has been filed against Smart Digital Group Limited (NASDAQ: SDM) on behalf of investors who acquired its securities between May 5, 2025, and September 26, 2025, due to allegations of market manipulation and fraudulent promotion schemes [1][2]. Allegations - The complaint alleges that insiders facilitated a market manipulation scheme involving misinformation on social media and impersonators posing as financial professionals [2]. - It is claimed that insiders used offshore or nominee accounts to coordinate the dumping of shares during a price inflation campaign [2]. - SDM's public statements and risk disclosures reportedly omitted any mention of the risks associated with fraudulent trading or market manipulation that could affect the company's stock price [2]. - As a result of these actions, SDM securities faced a unique risk of suspension in trading by the SEC and NASDAQ [2]. Stock Price Collapse - On September 26, 2025, SDM's stock price fell by 86.4%, closing at $1.85 per share, following a trading halt by NASDAQ due to volatility [3]. - The SEC suspended trading in SDM securities from September 29, 2025, to October 10, 2025, citing potential manipulation through social media recommendations designed to artificially inflate the stock price [3]. - NASDAQ also suspended trading in SDM securities on October 11, 2025, pending further information [3]. Class Action Participation - Shareholders may be eligible to participate in the class action against Smart Digital Group Limited, with a deadline to submit papers to serve as lead plaintiff by March 16, 2026 [4]. - Shareholders do not need to participate in the case to be eligible for recovery and can remain absent class members if they choose [4].

Core Viewpoint - A class action lawsuit has been filed against Smart Digital Group Limited (SDM) for allegedly misleading investors during a specific class period, leading to significant financial losses due to market manipulation and fraudulent activities [1][3]. Group 1: Lawsuit Details - The lawsuit is filed in the United States District Court for the Southern District of New York, under the case name Dixit v Smart Digital Group Limited, et.al, and covers individuals who purchased SDM securities between May 5, 2025, and September 26, 2025 [1]. - Investors have until March 16, 2026, to apply to serve as lead plaintiff in this action [2]. Group 2: Allegations Against the Company - Defendants are accused of making materially false and misleading statements and failing to disclose adverse facts about SDM's business and operations [3]. - Specific allegations include: 1. Involvement in a market manipulation scheme using social media misinformation [3]. 2. Use of offshore accounts for coordinated share dumping during a price inflation campaign [3]. 3. Omission of risks related to fraudulent trading and market manipulation in public statements [3]. 4. Unique risk of trading suspension by the SEC and NASDAQ due to these activities [3]. 5. Misleading positive statements about the company's business and prospects [3]. Group 3: Stock Price Impact - On September 26, 2025, SDM's stock price plummeted by 86.4%, closing at $1.85 per share, following a trading halt by NASDAQ due to high volatility [4]. - The SEC suspended trading in SDM securities from September 29, 2025, to October 10, 2025, due to potential manipulation linked to social media recommendations [5]. - Following the SEC suspension, NASDAQ also halted trading in SDM securities pending further information [5].

As filed with the U.S. Securities and Exchange Commission on March 21, 2025 Registration No. 333-283152 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________ AMENDMENT NO. 4 TO FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 ____________________ Smart Digital Group Limited (Exact name of registrant as specified in its charter) ____________________ Not Applicable (Translation of Registrant's name into English) | Cayman Islands | 7380 | Not Applicable | ...

As filed with the U.S. Securities and Exchange Commission on February 21, 2025 Registration No. 333-283152 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________ AMENDMENT NO. 3 TO FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 ____________________ Smart Digital Group Limited (Exact name of registrant as specified in its charter) ____________________ Not Applicable (Translation of Registrant's name into English) | Cayman Islands | 7380 | Not Applicable ...

As filed with the U.S. Securities and Exchange Commission on February 11, 2025 Registration No. 333-283152 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________ AMENDMENT NO. 2 TO FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 ____________________ Smart Digital Group Limited (Exact name of registrant as specified in its charter) ____________________ Fang Liu, Esq. VCL Law LLP 1945 Old Gallows Road, Suite 260 Vienna, VA 22182 703-919-7285 Not Applicabl ...

As filed with the U.S. Securities and Exchange Commission on November 27, 2024. Registration No. 333-283152 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________ AMENDMENT NO. 1 TO FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 ____________________ Smart Digital Group Limited (Exact name of registrant as specified in its charter) ____________________ Not Applicable (Translation of Registrant's name into English) | Cayman Islands | 7380 | Not Applicabl ...

As filed with the U.S. Securities and Exchange Commission on November 12, 2024. Registration No. [•] UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________ FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 ____________________ Smart Digital Group Limited (Exact name of registrant as specified in its charter) ____________________ Not Applicable (Translation of Registrant's name into English) | Cayman Islands | 7380 | Not Applicable | | --- | --- | --- | | ...