Platinum Analytics Cayman Limited Receives Nasdaq Delisting Notice

Regulation
โดย GlobeNewswire·Read original
Summary · why it matters

Platinum Analytics Cayman Limited has received a Staff Delisting Determination from Nasdaq, notifying the company that its securities will be delisted under the exchange's discretionary authority. The company intends to appeal the decision by requesting an oral hearing before the Nasdaq Hearings Panel, which will stay the suspension for 15 days unless a further stay is granted. A trading halt on the company's securities will remain in place during any stay. Platinum Analytics will submit a written statement detailing the grounds for its appeal and will request that the Panel find it in compliance with all applicable listing standards, though there is no assurance of a favorable outcome.

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