Smart Digital Group Limited (NASDAQ:SDM) (the "Company") today announced that it received a written notice (the "Notice") from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") on June 17, 2026, stating that Nasdaq has determined to delist the Company's securities.
Unless the Company files an appeal with the Nasdaq Hearings Panel by 4:00 p.m. Eastern Time on Wednesday, June 24, 2026, trading of the Company's securities will be suspended at the opening of business on Friday, June 26, 2026, and Nasdaq will file a Form 25-NSE with the SEC to complete the delisting. If the Company timely requests a hearing, the suspension of trading will be stayed pending the Panel's decision, however, the currently imposed trading halt will remain in effect.
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