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Quetta Acquisition falls below Nasdaq $15 million public float requirement, gets compliance deadline

PUBT·05/01/2026 19:02:11
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Quetta Acquisition falls below Nasdaq $15 million public float requirement, gets compliance deadline
  • Nasdaq issued Quetta Acquisition notice on April 30, 2026 for failing to meet minimum Market Value of Publicly Held Shares requirement under Listing Rule 5450(b)(2)(C).
  • Deficiency cited MVPHS below USD 15 million over 30 consecutive business days from March 18, 2026 through April 29, 2026.
  • Quetta received 180-day compliance window through Oct. 27, 2026 to restore MVPHS to at least USD 15 million for 10 consecutive business days.
  • Notice does not immediately affect listing or trading of Quetta securities.
  • Company may pursue measures to regain compliance, with no assurance it will meet Nasdaq continued listing standards by deadline.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Quetta Acquisition Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-020877), on May 01, 2026, and is solely responsible for the information contained therein.