Pomdoctor Receives Nasdaq Delisting Determination

MT newswire2026/10/09 20:52

04:52 PM EDT, 10/09/2026 (MT Newswires) -- Pomdoctor Limited (POM) said it received a Nasdaq staff determination letter Tuesday stating that its American depositary shares are subject to delisting for failing to meet the minimum bid price requirement. The ADSs closed below $1.00 for 30 consecutive business days, from Aug. 24 through Oct. 5. Pomdoctor is not eligible for a compliance period because it effected a 1-for-18 reverse stock split on June 22, within the prior year. The company intends to request a hearing before a Nasdaq hearings panel by the Oct. 13 deadline. A timely request will stay the trading suspension, which would otherwise take effect Oct. 15, and the filing of a delisting notice pending the panel's decision.

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