Nasdaq to delist Quetta Acquisition after missed SPAC deadline; QETA trading halts Oct 14, 2026

Quetta Acquisition Corp

Nasdaq found Quetta failed Listing Rule IM-5101-2, which requires a SPAC to complete a business combination within 36 months of IPO registration (effective Oct 5, 2023).
Trading in QETA, QETAR and QETAU suspends at the open on Oct 14, 2026; Nasdaq will file a Form 25-NSE to remove the securities from listing and registration.
Quetta said it does not intend to appeal; it expects the common stock, rights and units to be quoted on the OTC Market's Pink Limited Market under the same symbols.
The company still intends to complete its previously announced business combination with Smart Kreate Group Limited and list on Nasdaq or another national exchange, though it gave no assurance.
The notice was received Oct 7, 2026 and the 8-K was signed Oct 9, 2026 by CEO Zihan Chen; no business combination was completed by the Oct 5, 2026 deadline.

This headline and bullets were generated automatically by deepseek-v4.1-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.