Eureka Acquisition flags Nasdaq deficiency after public float drops below 500,000 shares
EURK•Nasdaq deficiency notices
Eureka Acquisition received Nasdaq deficiency notices for failing continued listing standards on public float and market value of listed securities.
Nasdaq flagged public float below 500,000 publicly held shares under Listing Rule 5550(a)(4); plan due by Oct. 12, 2026.
A separate notice cited market value of listed securities below USD 35 million for 30 straight business days under Rule 5550(b)(2).
Compliance deadlines and potential delisting
The company has until Feb. 23, 2027 to restore market value above USD 35 million for at least 10 consecutive business days.
Failure to regain compliance could trigger delisting proceedings, with an appeal option to a Nasdaq hearings panel.
