DelistingJul 7, 2026, 04:54 PM
Nasdaq to Delist Platinum Analytics Cayman Limited Securities
AI Summary
The Nasdaq Stock Market announced it has notified Platinum Analytics Cayman Limited that its securities will be delisted from Nasdaq on July 16, 2026, unless the company appeals. Trading in the securities remains halted until any appeal is resolved. This action follows a temporary trading suspension by the U.S. Securities and Exchange Commission on October 18, 2025, after which Nasdaq determined it was appropriate to use its authority under IM-5101-4 for delisting.
Key Highlights
- Nasdaq notified Platinum Analytics Cayman Limited of delisting.
- Delisting effective July 16, 2026, unless company appeals.
- Securities remain halted and unavailable to trade until appeal resolved.
- Securities may be eligible for over-the-counter trading after delisting.
- Trading was halted on October 18, 2025, following an SEC suspension.
- Nasdaq used its authority under IM-5101-4 to delist the securities.
Price Impact
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