regulatory
confidence high
sentiment negative
materiality 0.85
Glucotrack delisted by Nasdaq after $0.87 close violates bid-price exception; trading halted Oct 30
Glucotrack, Inc.
- Nasdaq Hearings Panel required a closing bid of at least $1.00 every trading day through November 9, 2026; company closed at $0.87 on October 14, 2026.
- Trading in Glucotrack common stock (GCTK) on Nasdaq will be suspended at the open of trading on October 30, 2026.
- Nasdaq expected to file Form 25 to delist the securities and deregister them under Section 12(b) of the Exchange Act.
- Company plans for its shares to be quoted on the OTC Markets OTCID tier and intends to submit an application to trade there.
- Prior delisting determination was for failure to meet Nasdaq Listing Rule 5550(a)(2) $1.00 minimum bid price requirement.
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