Pantages Capital Acquisition falls below Nasdaq minimum holder requirement, risks noncompliance notice
PGAC•Compliance timeline
A compliance plan is due by Oct. 19, 2026; Nasdaq can grant up to 180 days from the notice date to regain compliance.
Failure to win plan acceptance could lead to a delisting determination, with an option to appeal to a Nasdaq hearings panel.
Nasdaq holder-count deficiency notice
Pantages Capital Acquisition received a Nasdaq notice on Sept. 2, 2026 for failing to meet Global Market holder-count rules.
Nasdaq Rule 5450(a)(2) requires at least 400 total holders for continued listing; the deficiency notice did not trigger immediate delisting.
