Singularity Future Technology faces Nasdaq delisting over minimum bid price violation
SGLY•Singularity Future Technology received a Nasdaq delisting notice after its shares closed below the $1 minimum bid price for 30 consecutive business days. The company intends to request a hearing; without a timely appeal, trading could be suspended on November 19, 2026.
1. Nasdaq notice
Singularity Future Technology received Nasdaq’s November 10, 2026, delisting notice after 30 consecutive business days below the $1 minimum bid price. A 1-for-14 reverse stock split on July 27, 2026, makes the company ineligible for the usual 180-calendar-day compliance period.
2. Appeal deadline
The company must submit an appeal request and a $20,000 hearing fee by 4:00 p.m. Eastern Time on November 17, 2026. It intends to request a hearing; a timely request would stay suspension and delisting pending a Nasdaq panel decision. Without a timely appeal, trading will be suspended at the opening of business on November 19, followed by delisting proceedings.
