Nasdaq staff moves to delist Pitanium after SEC trading suspension over suspected manipulation
PTNM•Next steps and possible OTC trading
Unless an appeal is requested by July 14, trading will be suspended at the open on July 16.
Nasdaq plans to file Form 25-NSE to remove the securities from listing and registration.
Shares may become eligible for OTC trading, though liquidity is uncertain.
Nasdaq issues delisting determination after SEC suspension
Pitanium received a Nasdaq delisting determination dated July 7, 2026 under IM-5101-4 following an SEC trading suspension.
The SEC suspended trading on Oct. 3, 2025 over potential manipulation tied to social media promotions by unknown parties.
