regulatory
confidence high
sentiment negative
materiality 0.60
Pantages Capital gets Nasdaq MVLS deficiency notice; 180 days to regain compliance
PANTAGES CAPITAL ACQUISITION Corp
- On Aug 21, 2026, Nasdaq notified Pantages that its market value of listed securities (MVLS) fell below $50M for 30 consecutive business days, violating Rule 5450(b)(2)(A).
- Company has until Feb 17, 2027 (180 days) to regain compliance by achieving MVLS ≥ $50M for 10 consecutive business days.
- The notice does not immediately delist the securities; management is evaluating options to regain compliance.
- Nasdaq also indicated the company fails to meet requirements under Listing Rule 5450(b)(3)(A).