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Investment Bankers/Brokers/Service
DelistingAug 3, 2026, 06:02 PM

Nasdaq to Delist NusaTrip Securities on August 12

AI Summary

Nasdaq announced it has notified NusaTrip Incorporated that its securities will be delisted from the Nasdaq Stock Market LLC on August 12, 2026. This action will proceed unless NusaTrip appeals to a Listing Qualifications Hearings Panel, with trading remaining halted until any appeal is resolved. The delisting decision was made under Nasdaq's IM-5101-4 authority, following a temporary trading suspension by the U.S. Securities and Exchange Commission on October 23, 2025.

Key Highlights

  • Nasdaq notified NusaTrip Incorporated of its securities delisting.
  • Delisting is scheduled for August 12, 2026, unless the company appeals.
  • Securities will remain halted and unavailable for trading until any appeal is resolved.
  • Following removal from Nasdaq, securities may be eligible for over-the-counter market trading.
  • The delisting follows a temporary trading suspension by the U.S. SEC on October 23, 2025.
  • Nasdaq is using its authority under IM-5101-4 to delist the securities.