Pantages Capital Acquisition warns Nasdaq MVLS falls below $50 million minimum for continued listing
Reuters2026/08/24 20:32Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Pantages Capital Acquisition received a Nasdaq notice citing noncompliance with the $50 million minimum market value of listed securities rule.
- The deficiency followed 30 consecutive business days below the threshold for continued listing on the Nasdaq Global Market.
- Nasdaq set a 180-day compliance window through Feb. 17, 2027 to restore MVLS to at least $50 million for 10 straight sessions.
- Failure to regain compliance could trigger a delisting determination, with an option to appeal to a Nasdaq hearings panel.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pantages Capital Acquisition Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-093072), on August 24, 2026, and is solely responsible for the information contained therein.
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