Quetta Acquisition Corp to be Delisted from Nasdaq; To Trade OTC

Quetta Acquisition Corp (QETA) has received a written notice from Nasdaq indicating its determination to delist the company's common stock, rights, and units. This action follows the company's failure to complete a business combination within the required 36-month timeframe after its IPO registration statement became effective on October 5, 2023. Trading will be suspended on October 14, 2026, and Nasdaq will proceed with the formal delisting process. Quetta Acquisition Corp does not plan to appeal this decision and anticipates its securities will subsequently trade on the OTC Market's Pink Limited Market. Despite the delisting, the company remains committed to completing its previously announced business combination with Smart Kreate Group Limited.