SEGG Media faces Nasdaq delisting risk over late quarterly filing
SEGG•SEGG Media requested a Nasdaq hearing after an October 14, 2026, determination that it remained noncompliant with financial reporting requirements. Its overdue Form 10-Q for the quarter ended June 30 missed Nasdaq’s 180-day exception period, and the company is targeting a prompt filing.
1. Hearing request and deadline
SEGG Media requested a Nasdaq hearing following the October 14 determination. Without an appeal, its common stock and warrants faced trading suspension on October 23, followed by delisting proceedings. The hearing request stays suspension for 15 days from the request date, and the company also requested an extended stay pending the hearing.
2. Remaining filing deficiency
The outstanding report is the Form 10-Q for the quarter ended June 30, 2026, which missed the 180-day exception period under Nasdaq Listing Rule 5250(c)(1). The company said it had filed previously overdue annual and first-quarter reports, resolving those deficiencies, and is targeting prompt filing of the remaining quarterly report.
