DelistingJun 1, 2026, 07:16 AM
NusaTrip receives Nasdaq delisting notice for late filings
AI Summary
NusaTrip Incorporated received a delinquency notification from Nasdaq on May 27, 2026, due to its failure to timely file its Annual Report on Form 10-K for the period ended December 31, 2025, and its Quarterly Report on Form 10-Q for the period ended March 31, 2026. This non-compliance with Nasdaq Listing Rule 5250(c)(1) could lead to the delisting of the company's securities if not resolved. NusaTrip has 60 calendar days, until July 27, 2026, to submit a plan to regain compliance and expects to file the delinquent reports within this timeframe.
Key Highlights
- Received Nasdaq delinquency notice on May 27, 2026, for non-compliance with Listing Rule 5250(c)(1).
- Failed to timely file Annual Report on Form 10-K for Dec 31, 2025, and Quarterly Report on Form 10-Q for Mar 31, 2026.
- No immediate effect on listing, but securities subject to delisting if compliance is not regained.
- Company has 60 calendar days, until July 27, 2026, to submit a plan to regain compliance.
- If plan accepted, Nasdaq may grant up to 180 calendar days from 10-K's due date, until Oct 12, 2026.
- Company is working diligently to complete and file delinquent reports within the 60-day period.
Price Impact
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