other material
confidence high
sentiment negative
materiality 0.85
Quetta Acquisition Corp (QETA): Nasdaq/NYSE listing notice — Quetta Acquisition receives Nasdaq delisting notice for failing MVLS and holder requirements
Quetta Acquisition Corp
- Delisting notice received April 6, 2026 for failure to regain $50M MVLS compliance by March 2, 2026.
- Also fails minimum 400 total holders requirement under Nasdaq 5450(a)(2), an independent delisting basis.
- Company will request hearing by April 13, 2026; hearing stays suspension pending Panel decision.
- Transfer to Nasdaq Capital Market denied because 300 public holder minimum not met.
- Securities affected: units (QETAU), common (QETA), rights (QETAR).