Premium Catering plans Nasdaq hearing appeal after delisting determination
Bitget2026/09/28 16:52- Premium Catering (Holdings) received a Nasdaq delisting determination on Sept. 22, 2026 for its Class A ordinary shares.
- Nasdaq cited concerns over potential third-party misconduct and price manipulation following an SEC trading suspension in October 2025.
- An oral hearing request is due by Sept. 29, 2026, which would pause the delisting process pending a panel decision.
- The shares remain halted, with trading suspended since Oct. 31, 2025.
- Nasdaq has not alleged wrongdoing by the company or its officers and directors in connection with the trading activity.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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