Zentek Opts to End Nasdaq Listing
Bitget2026/10/26 10:02- Zentek has notified Nasdaq it will not maintain its listing, opting against a share consolidation required to avoid delisting.
- Continued listing required a consolidation and closing bid prices of at least US$ 1 for 10 consecutive trading days by December 24, 2026.
- Common shares were suspended from Nasdaq trading September 2, 2026, when they began trading on OTCQX under ZTEKF.
- Management will prioritize capital and attention toward Albany, commercialization and Triera rather than maintaining the Nasdaq listing.
- Common shares remain listed on the TSX Venture Exchange under ZEN; a senior listing will be reassessed as business milestones are reached.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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