Captivision to Delist from Nasdaq April 9, Shift to OTC and Complete Montana Gold Acquisition

CAPTCAPT

Captivision will delist from Nasdaq Global Market after failing to file its 2024 audited statements and Form 20-F, shifting to the OTC market under CAPTF on April 9, 2026. It plans to complete its audit, cure filing delinquency and complete the Montana Tunnels Mining acquisition to establish Montana Gold Inc.

1. Nasdaq Delisting and OTC Transition

Captivision received notice of delisting from Nasdaq Global Market after missing its reporting deadline and will begin trading on the OTC market under CAPTF on April 9, 2026, likely reducing liquidity and increasing volatility.

2. Audit Completion and SEC Filing

The company is working to finalize audited financial statements for the year ended 2024 and file its Form 20-F with the SEC to cure its periodic filing delinquency and regain compliance.

3. Transformational Business Combination

Captivision has completed substantial due diligence on its proposed acquisition of Montana Tunnels Mining and intends to close the transaction to establish Montana Gold Inc., a new diversified gold mining growth company.

4. Governance and Management Evolution

To support its shift into mining, the company is revamping its governance and senior management to align with best-in-class industry domain expertise and operational experience.

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