Fast Track Group to Delist from Nasdaq Following Bid Price Failure
1 report, 1 independent
Updated Sep 1
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What happened
Fast Track Group announced that Nasdaq will delist the company’s Class A ordinary shares from the Nasdaq Capital Market. The delisting follows the company's failure to satisfy the minimum bid price requirement of US$1.00 under Nasdaq Listing Rule 5550(a)(2). The company withdrew its appeal on September 15, 2026, leading to the delisting process.
From manilatimes.net
Why it matters
The delisting process involves Nasdaq filing a Form 25-NSE with the U.S. Securities and Exchange Commission. The shares have been quoted on the OTC Markets under the symbol "FTRKF" since August 18, 2026.
From manilatimes.net
Who's involved
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The entities involved
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Nasdaq
American fully electronic stock exchange
Related events
- Black Titan Corp failed to meet the minimum bid price requirement of $1.00 per share on Nasdaq as of September 4, 2026.
- A company must maintain a minimum bid price to comply with Nasdaq requirements.
- Novonix's share price fell below the $1 minimum requirement on Nasdaq on August 17, 2026.
- K Wave Media, Ltd. regained compliance with the minimum bid price requirement on August 19, 2026.
- CLPS Incorporation regained compliance with minimum bid price requirement on September 4, 2026.