Monitor the Nasdaq Hearings Panel decision timeline and any capital raising announcements. The company's ability to demonstrate compliance with the stockholders' equity requirement before the Panel is the key catalyst. If the Panel denies the appeal, trading suspension and Form 25-NSE filing will follow, effectively ending the public market for CJMB shares.
Price Chart
Executive Summary
Callan JMB Inc. received a delisting notice from Nasdaq on October 12, 2026, after failing to meet the $2.5M stockholders' equity requirement by the extended compliance deadline of October 5, 2026. The company has requested a hearing before a Nasdaq Hearings Panel to appeal the determination, which stays the suspension pending the Panel's decision, but there is no assurance of continued listing. This filing signals a material risk of delisting, which would severely reduce liquidity and institutional ownership.
Key Facts
- Nasdaq notified the company on April 7, 2026 of non-compliance with Listing Rule 5550(b)(1) requiring minimum $2,500,000 in stockholders' equity
- Nasdaq granted an extension until October 5, 2026 to regain compliance
- On October 12, 2026, Nasdaq Staff determined the company did not meet the extension terms and will suspend trading on October 21, 2026 unless an appeal is requested
- Company requested a hearing before a Nasdaq Hearings Panel on October 14, 2026, which stays the suspension pending the Panel's decision
- No assurance that the Panel will grant continued listing or that the company can regain compliance
Financial Impact
Delisting risk — no specific dollar amounts provided in the filing
Risk Factors
- Nasdaq Hearings Panel may deny the request for continued listing
- Company may be unable to complete capital raising initiatives to demonstrate compliance
- Trading suspension and delisting would severely reduce liquidity and institutional ownership
- Potential OTC Markets trading if delisted, with significantly lower valuation and volume
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001493152-26-047399 |
| Document: 0001493152-26-047399-index-headers.html | 0001493152-26-047399 |
| Document: 0001493152-26-047399-index.html | 0001493152-26-047399 |
| Document: 0001493152-26-047399.txt | 0001493152-26-047399 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 19, 2026 8d ago | 8-K | $1.92 $0.4787 | ▼ −75.07% | ▼ −74.92% | $0.4990 (−74.01%) |
Oct 16, 2026 11d ago | 8-K | $1.92 $0.4787 | ▲ +75.07% | ▲ +74.92% | $0.4990 (+74.01%) |
Aug 27, 2026 8w ago | Press Release | $2.20 $2.11 | ▼ −4.09% | ▼ −4.36% | $0.4990 (−77.32%) |
Aug 24, 2026 9w ago | 8-K | $2.27 $2.15 | ▼ −5.29% | ▼ −5.76% | $0.4990 (−78.02%) |
Aug 20, 2026 9w ago | 8-K | $2.36 $2.20 | ▲ +6.58% | ▲ +7.70% | $0.4990 (+78.81%) |
Jul 16, 2026 14w ago | Press Release | $0.8610 $2.35 | ▲ +172.94% | ▲ +174.61% | $0.4990 (−42.04%) |
Jul 8, 2026 15w ago | Press Release | $0.7531 $0.8610 | ▲ +14.33% | ▲ +14.46% | $0.4990 (−33.74%) |
Jul 2, 2026 16w ago | 8-K | $0.8160 $0.7531 | ▲ +7.71% | ▲ +8.64% | $0.4990 (+38.85%) |
Jun 11, 2026 19w ago | 8-K | $0.8212 $0.7179 | ▼ −12.58% | ▼ −13.25% | $0.4990 (−39.24%) |
Jun 8, 2026 20w ago | EFFECT | $0.7670 $0.7020 | ▲ +8.47% | ▲ +10.59% | $0.4990 (+34.94%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers