Quetta Acquisition set for Nasdaq delisting after missing 36-month SPAC deadline
QETA•Nasdaq plans to suspend trading in Quetta Acquisition’s common stock, rights and units on Oct. 14, 2026, after the SPAC failed to complete a business combination within 36 months of its IPO registration becoming effective. The company does not plan to appeal, and its securities are expected to move to the OTC Pink Limited Market.
1. Delisting timeline
Nasdaq notified Quetta Acquisition on Oct. 7, 2026, that it had determined to delist the company’s common stock, rights and units under a rule requiring SPACs to complete a business combination within 36 months of their IPO registration becoming effective. The registration statement took effect on Oct. 5, 2023, and no business combination had been completed by Oct. 5, 2026. Trading is set to be suspended at the open on Oct. 14, and Nasdaq plans to file Form 25-NSE to remove the listing. Quetta Acquisition does not plan to appeal; the securities are expected to move to the OTC Pink Limited Market under QETA, QETAR and QETAU.
