NusaTrip receives Nasdaq delisting notice; will not appeal, moves to OTC

NUSATRIP Inc

Nasdaq delisting letter dated Aug 3, 2026 cites SEC trading suspension (Oct 2025), delinquent 10-K (FY2025) and 10-Q (Q1 2026), and public interest concerns.
Company will not appeal; trading suspended at open Aug 12, 2026, and Form 25-NSE to be filed; intends to seek OTC quotation.
SOPA controls 78% of voting power; SOPA filed Chapter 11 on May 14, 2026, creating uncertainty over that stake and supporting delisting.
Delinquent filings under Nasdaq Rule 5250(c)(1) serve as independent basis for delisting; CEO Tjin Patrick Soetanto signed the 8-K.

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