The delisting is final and effective October 12, 2026. Monitor for any subsequent OTC trading or potential bankruptcy/restructuring filings. No appeal path remains.
Price Chart
Executive Summary
Nasdaq has filed a Form 25-NSE to remove Pitanium Ltd's Class A Ordinary Shares from listing, effective October 12, 2026, after the company failed to qualify under Listing Rule IM-5101-4. The shares were already suspended on July 16, 2026, and the company did not appeal the delisting determination. This filing formalizes the final delisting of the security.
Key Facts
- Nasdaq determined Pitanium no longer qualified for listing under Rule IM-5101-4.
- Company notified of staff determination on July 7, 2026.
- Company did not appeal the delisting determination.
- Class A Ordinary Shares were suspended on July 16, 2026.
- Delisting effective at opening of trading session on October 12, 2026.
- Staff determination to delist became final on July 16, 2026.
Financial Impact
Complete loss of Nasdaq listing — shares already suspended; no trading venue specified post-delisting.
Risk Factors
- Loss of public market liquidity and potential OTC trading with wider spreads.
- Possible further regulatory or creditor actions given the listing rule violation.
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 25-NSE Filing (Primary) | 0001354457-26-000933 |
| Document: 0001354457-26-000933-index-headers.html | 0001354457-26-000933 |
| Document: 0001354457-26-000933-index.html | 0001354457-26-000933 |
| Document: 0001354457-26-000933.txt | 0001354457-26-000933 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 13, 2026 13d ago | 15-12G | — | awaiting T+5 | — | — |
Oct 13, 2026 14d ago | 6-K | — | awaiting T+5 | — | — |
Oct 1, 2026 26d ago | 25-NSE | — | awaiting T+5 | — | — |
Jul 16, 2026 14w ago | 6-K | $10.39 $10.39 | · 0.00% | ▼ −0.59% | — |
Jul 10, 2026 15w ago | Press Release | $10.39 $10.39 | · 0.00% | ▼ −0.94% | — |
US Market Status
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