Newton Golf faces Nasdaq delisting risk after falling short of $2.5 million stockholders’ equity rule
Bitget2026/10/13 12:32- Newton Golf faces potential Nasdaq delisting for failing the $2,500,000 minimum stockholders’ equity requirement under Listing Rule 5550(b)(1).
- Nasdaq staff determined on Oct. 6, 2026 that remedial actions were not completed, triggering a suspension timeline.
- Without an appeal request by Oct. 13, 2026, trading would be suspended at the open on Oct. 15, 2026.
- A timely hearing request would stay the suspension and Form 25-NSE filing pending a Nasdaq hearings panel decision.
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