Magnitude International plans Nasdaq hearing appeal after delisting notice - MAGH News | RalliesMagnitude International plans Nasdaq hearing appeal after delisting notice
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MAGH• Company plans hearing appeal
- The company plans to request a hearing, which would pause the delisting process while a decision is pending.
- Trading is expected to remain halted unless Nasdaq lifts the suspension.
Nasdaq issues delisting determination
- Magnitude International received a Nasdaq delisting determination dated Aug. 3, 2026, following a trading halt that began Dec. 19, 2025.
- The delisting action cites concerns that third parties could manipulate the stock’s price, pointing to insufficient liquidity for fair trading.
- The halt followed an SEC-ordered temporary trading suspension from Dec. 5, 2025 to Dec. 18, 2025.
