Nasdaq moves to delist NusaTrip on August 12, 2026
Trading in NusaTrip shares remains halted after an earlier SEC suspension, and any appeal to a Nasdaq hearings panel would determine whether the delisting is postponed.
Fact Check
The official GlobeNewswire press release ('NusaTrip Incorporated Notified of Anticipated Delisting from The Nasdaq Stock Market') directly confirms that Nasdaq notified NusaTrip (NUTR) of delisting on August 12, 2026 unless an appeal is filed, and that trading remains halted following an SEC suspension. This matches the claim's assertions that trading is halted, an appeal to a Nasdaq hearings panel could postpone the delisting, and the delisting date. The pluang.com news feed independently repeats these facts. Both sources are consistent and no conflicting evidence was found.
Summary
Nasdaq said NusaTrip Incorporated faces delisting from the Nasdaq Stock Market on August 12, 2026 unless the company appeals to a Listing Qualifications Hearings Panel. The company’s shares have been halted since October 23, 2025 following a suspension by the SEC, and they will remain unavailable for trading while any appeal is pending. If the securities are removed from Nasdaq, they may become eligible to trade over the counter. Nasdaq said it is using its authority under IM-5101-4 to delist the company’s securities.
Terms & Concepts
- over the counter: A market where securities trade outside a national exchange such as Nasdaq.
- Listing Qualifications Hearings Panel: A Nasdaq panel that reviews company appeals against delisting decisions.
- SEC: The U.S. Securities and Exchange Commission, the federal market regulator.