---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-047399"
form_type: "8-K"
ticker: "CJMB"
cik: "0002032545"
company_name: "CALLAN JMB INC."
filed_at: "2026-10-16T20:10:14+00:00"
generated_at: "2026-10-16T20:11:07.976164+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Nasdaq staff rejects Callan JMB's equity-rule extension; suspension set for Oct 21 absent appeal win

## Summary
- Oct 12, 2026 Staff Determination: company failed to complete capital raising and meet the $2,500,000 stockholders' equity requirement under Nasdaq Listing Rule 5550(b)(1).
- Trading of CJMB would be suspended at the open on Oct 21, 2026 and a Form 25-NSE filed to remove the stock from Nasdaq listing and registration.
- Callan JMB requested a Nasdaq Hearings Panel appeal on Oct 14, 2026, which stays the suspension and the Form 25-NSE filing pending the Panel's decision.
- Initial deficiency letter came April 7, 2026; Nasdaq had granted an extension to October 5, 2026 to regain compliance.
- Company says it will vigorously demonstrate compliance, but gives no assurance the Panel grants continued listing or that it regains compliance.

## SEC filing metadata
- accession: 0001493152-26-047399
- form_type: 8-K
- ticker: CJMB
- cik: 0002032545
- company_name: CALLAN JMB INC.
- filed_at: 2026-10-16T20:10:14+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2032545/000149315226047399/0001493152-26-047399-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2032545/000149315226047399/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-047399
- JSON: https://secwatch.observer/filing/0001493152-26-047399.json
- Plain text: https://secwatch.observer/filing/0001493152-26-047399.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.