Press Releases July 7, 2026 04:52 PM

Platinum Analytics Cayman Limited Notified of Anticipated Delisting from The Nasdaq Stock Market

Nasdaq to Delist Platinum Analytics Cayman Limited Amid Trading Suspension

By Derek Hwang
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The Nasdaq Stock Market has notified Platinum Analytics Cayman Limited of its anticipated delisting effective July 16, 2026, following a trading halt by the SEC and a temporary suspension. The company’s securities will remain halted and unavailable for trade until any appeal is resolved. After delisting, the securities may trade over-the-counter.

Platinum Analytics Cayman Limited Notified of Anticipated Delisting from The Nasdaq Stock Market
PTLS
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Key Points

  • Nasdaq has officially notified Platinum Analytics Cayman Limited of its impending delisting.
  • The SEC imposed a temporary trading suspension on the company’s securities, leading to halted trading since October 18, 2025.
  • Post delisting, the company’s securities may be traded on the over-the-counter market rather than on Nasdaq.

NEW YORK, July 07, 2026 (GLOBE NEWSWIRE) -- The Nasdaq Stock Market (Nasdaq: NDAQ) announced today that it has notified Platinum Analytics Cayman Limited (Nasdaq: PTLS) that its securities will be delisted from the Nasdaq Stock Market LLC on July 16, unless the company appeals to a Listing Qualifications Hearings Panel. The securities will remain halted, and unavailable to trade, until any appeal is resolved. Following removal from Nasdaq the securities may be eligible for trading in the over-the-counter market. 

Following a temporary trading suspension in the Company’s securities by the U.S. Securities and Exchange Commission (https://www.sec.gov/files/litigation/suspensions/2025/34-104164-ts.pdf) Nasdaq halted trading in the Company’s ordinary shares on October 18, 2025. Nasdaq has now determined that it is appropriate to use its authority under IM-5101-4 to delist the Company’s securities from Nasdaq.

For news and additional information about the company, please review the companies’ public filings or contact the company directly.

For more information about The Nasdaq Stock Market, visit the Nasdaq Web site at http://www.nasdaq.com. Nasdaq’s rules governing the delisting of securities can be found in the Nasdaq Rule 5800 Series, available on the Nasdaq Web site: https://listingcenter.nasdaq.com/rulebook/nasdaq/rules/nasdaq-5800-series.


Risks

  • Delisting will restrict liquidity and investor access, potentially harming shareholder value; impacts equity investors and stock market participants.
  • The SEC’s prior trading suspension indicates regulatory concerns that could lead to legal and compliance risks affecting company operations.
  • Uncertainty related to the outcome of any appeal and future trading venue adds volatility risk to the company’s securities, impacting investor confidence.

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