BNB Plus Delisted from Nasdaq Due to Failure to Meet Stock Price Requirements, Transferred to OTCQB Trading
TechFlow News, July 13, according to businesswire, BNB Plus Corp. announced that due to failure to meet the $1 minimum bid price requirement for continued listing on the Nasdaq Capital Market, the company received a delisting determination.
The company plans to apply for review to the Nasdaq Listing and Hearing Review Council, but this application will not suspend the delisting. The company's stock will be suspended from trading on Nasdaq starting July 14, 2026, and is expected to be quoted and traded on the OTCQB Venture Market under the original symbol BNBX as soon as possible on or after the same date.
The company stated that this transfer of listing is not expected to affect its business operations, and will continue to be a public company filing reports with the U.S. Securities and Exchange Commission.
