Welcome to our dedicated page for MMTEC news (Ticker: MTC), a resource for investors and traders seeking the latest updates and insights on MMTEC stock.
MMTec, Inc. (NASDAQ: MTC) is a China-based technology company that provides access to the U.S. financial markets, and its news flow reflects both its operating activities and its status as a Nasdaq-listed issuer. Company press releases and reports highlight developments in trading technology services, capital markets activities, regulatory interactions, and corporate transactions.
News about MMTec often focuses on its relationship with the Nasdaq Capital Market and compliance with Nasdaq’s minimum bid price requirements. The company has issued multiple announcements regarding deficiency notices, compliance periods, a 1-for-8 reverse stock split, and subsequent determinations by Nasdaq staff and a Nasdaq Hearings Panel. For example, MMTec reported receiving deficiency and delisting determination letters, as well as later regaining compliance and being placed under a one-year Panel Monitor after its stock traded above the $1.00 threshold for a sustained period.
Operational and strategic updates also feature prominently in MTC news. The company has reported relocating operations from Beijing to Hong Kong, with MM Future Technology Limited assuming functions previously handled by Gujia (Beijing) Technology Co., Ltd., while Gujia continues technical research and development. Other releases have described the acquisition and later sale of Alpha Mind Technology Limited, which temporarily expanded MMTec’s business into insurance agency and insurance technology, and the impact of that acquisition on revenue mix.
Financial results disclosures, such as half-year reports furnished on Form 6-K, provide detailed information on revenue from placement agent services, cost structures, net loss drivers, and financing activities involving convertible promissory notes and notes receivable. Additional news has covered decisions to pause capital raising for a defined period and legal and regulatory matters involving MM Global Securities, Inc., a FINRA-regulated broker-dealer subsidiary.
Investors and observers following MTC news can use this page to review official company announcements, financial highlights, corporate actions, and regulatory updates that shape the company’s risk profile and business direction over time.
MMTEC (NASDAQ: MTC) received a Nasdaq Decision Letter after an earlier Determination Letter had advised Nasdaq planned to delist the company's securities for failing the $1.00 minimum bid requirement and for ineligibility for the 180-day cure period following a 1-for-8 reverse stock split.
The Nasdaq Hearings Panel reviewed the company's request, accepted Nasdaq staff's recommendation and found the company in compliance with the Bid Price Rule, placing MMTEC under a one-year Panel Monitor effective from the Decision Letter date. The Nasdaq Listing Council has a 45-calendar-day window to seek review.
MMTEC (NASDAQ: MTC) received a Nasdaq determination on October 27, 2025 that its common stock fails to meet the $1.00 minimum bid for continued listing under Nasdaq Rule 5550(a)(2). Because MMTEC completed a one-for-eight reverse split on December 18, 2024, it is not eligible for the 180-calendar day cure period, and Nasdaq has determined to delist the securities from The Nasdaq Capital Market.
The determination does not take immediate effect: trading would be suspended at market open on November 5, 2025 unless MMTEC requests a hearing by November 3, 2025. MMTEC says it is evaluating options and currently intends to appeal, but outcome and compliance prospects are uncertain.
MMTEC (MTC) has announced a 1-for-8 reverse stock split effective December 18, 2024, with trading to continue on Nasdaq under symbol 'MTC'. Upon implementation, every 8 shares of common stock will automatically convert to one share, with fractional shares rounded up to the next whole number. The company will reduce its authorized shares from 5,000,000,000 to 625,000,000 and increase the par value from $0.01 to $0.08. The split was approved by the Board of Directors on November 21, 2024, with no stockholder approval required under BVI law.
MMTEC, a China-based tech firm listed on NASDAQ under the ticker MTC, announced receiving a notification on July 8, 2024, from Nasdaq's Listings Qualifications Department regarding a failure to meet the minimum bid price requirement of $1.00 per share for 30 consecutive business days. This notification has no immediate effect on MMTEC's current listing. The company has a compliance period of 180 days, ending on January 6, 2025, to regain compliance by achieving a closing bid price of $1.00 or more for at least 10 consecutive business days. Failing this, the company may receive an additional 180 days to meet the requirement, potentially through a reverse stock split. However, there is no assurance that MMTEC will regain compliance.
MMTEC, Inc. announced a pause on financing activities for the next six months, suspending new investments and capital raising. The decision aims to optimize strategic layout, resource allocation, and operational efficiency. The Company plans to restart capital raising in the future to ensure long-term development and serve shareholders and partners.
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MMTEC, Inc. (Nasdaq: MTC) announced on March 6, 2023 its relocation of operations from Beijing to the Hong Kong Special Administrative Region. The move will see its subsidiary MM Future Technology Limited taking over responsibilities from Gujia (Beijing) Technology Co., Ltd., which will focus on technical R&D. The company aims to enhance its asset management and securities underwriting while attracting global investment for China's economy. New operations headquarters are located at Room 2302, 23rd Floor, FWD Financial Center, Hong Kong. Contact number is +852 36908356.
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