CJMB•Callan JMB appealed Nasdaq's delisting determination on October 14, requesting a hearing. The appeal stays the scheduled October 21 trading suspension and delisting filing while the panel considers the case; Nasdaq requires at least $2.5 million in stockholders' equity for continued listing.
Callan JMB appealed Nasdaq's delisting determination on October 14, 2026, and requested a hearing before a Nasdaq Hearings Panel. Nasdaq issued its determination on October 12 after the company failed to meet its October 5 compliance deadline. The appeal stays the common stock's scheduled October 21 trading suspension and delisting filing pending the panel's decision. Nasdaq Listing Rule 5550(b)(1) requires at least $2.5 million in stockholders' equity for continued listing on the Nasdaq Capital Market.
