Smart Digital Group has received a Nasdaq notice stating the exchange will delist its shares following an SEC trading suspension imposed in September 2025. Nasdaq cited its discretionary authority under Listing Rule IM-5101-4, which allows delisting when a security is deemed susceptible to manipulation after an SEC trading suspension. The company may appeal the decision by June 24; if no appeal is filed, Nasdaq is expected to suspend trading and begin delisting proceedings on June 26. Smart Digital said Nasdaq has not alleged wrongdoing by the company and that its operations remain unaffected.
Smart Digital Group Limited Ordinary SharesNasdaq delisting notice due to SEC trading suspension, threatening stock's exchange listing.