YHN Acquisition I faces Nasdaq delisting after failing market value requirements
YHNA•YHN Acquisition I expects Nasdaq to suspend trading on October 30, 2026, and subsequently delist the company after it failed continued listing requirements. The deficiencies included publicly held shares valued below $15 million and listed securities valued below $50 million.
1. Nasdaq delisting decision
Nasdaq issued its delisting determination on October 21 after YHN Acquisition I failed to regain compliance by the October 14 deadline. The board declined to appeal or seek a transfer to the Nasdaq Capital Market by October 28. The company intends to seek OTC Markets quotation for its units, ordinary shares and rights after the Nasdaq suspension.
