Nasdaq Delisting Decision for Platinum Analytics Cayman Limited

Platinum Analytics Cayman Limited has received a determination from the Nasdaq Hearings Panel to delist the company's securities. This decision was primarily based on trading activity indicative of potential manipulation and a failure to demonstrate sufficient market liquidity. While the Panel was not persuaded by arguments concerning the company's advisors or the CEO's residence, it upheld the delisting. Trading suspension began on September 23, 2026. The company plans to request a review of this decision by the Nasdaq Listing and Hearing Review Council, although this will not halt the delisting process. A press release was issued on September 26, 2026, announcing this decision. The company is exploring options to regain compliance with Nasdaq's listing rules.