regulatory
confidence high
sentiment negative
materiality 0.92
Nasdaq Council affirms Bayview Acquisition delisting; company plans OTC Markets listing
Bayview Acquisition Corp
- Nasdaq Listing and Hearing Review Council on Sept 22, 2026 affirmed decisions to delist Bayview Acquisition and suspend trading.
- Delisting stems from failure to complete business combination with Oabay by June 19, 2026; trading was suspended July 7, 2026.
- Bayview requested review and a limited extension to Dec 19, 2026; Nasdaq confirmed receipt on July 20, 2026.
- Company intends to list Ordinary Shares and Rights on OTC Markets as BAYA and BAYAR; market maker filed Form 211 with FINRA on Sept 16, 2026.
- Nasdaq is expected to file Form 25-NSE to remove the securities from listing and registration.