NDAQ · News · 20260805N

Nasdaq Listing Delisting Action

NASDAQ, INC. · 2026-08-05 · Importance 28 · Surprise 42

Nasdaq announced that Magnitude International Ltd. securities are scheduled for delisting on August 12, 2026. The action follows Magnitude’s failure to satisfy Nasdaq’s minimum bid-price requirement. Magnitude had seven calendar days to appeal, while a separate report stated that the company did not plan to appeal.

Key facts

• Magnitude International has the option to appeal the delisting determination within seven calendar days; if no appeal is filed, trading will be suspended at the open of business on August 12. source
• Nasdaq announced it will delist Magnitude International Ltd. securities effective August 12 due to non-compliance with the minimum bid price rule unless the company appeals. source
• NaaS Technology's market value of listed securities exceeded $35 million for 20 consecutive business days from July 7 through August 3, 2026, regaining compliance with Nasdaq's minimum market value requirement after a deficiency notice on February 17, 2026. source