Delisting of Securities from The Nasdaq Stock Market

Rhea-AI Summary

Nasdaq (NASDAQ:NDAQ) has announced the delisting of securities from multiple companies from its exchange. The announcement affects 14 different companies whose securities have been suspended from trading between April 2024 and July 2025.

The delistings include various types of securities such as American depositary shares, common stocks, ordinary shares, units, and warrants. Notable companies affected include Secoo Holding Limited, PaxMedica, Unity Biotechnology, and Ocean Biomedical. All affected securities have already been suspended and haven't traded on Nasdaq since their respective suspension dates.

Further information about Nasdaq's delisting procedures can be found in the Nasdaq Rule 5800 Series on their website.

Positive

• None.

Negative

• Mass delisting of 14 companies indicates significant compliance or performance issues with listed entities
• Multiple biotechnology and healthcare companies being delisted suggests increased risks in these sectors
• The wide range of security types affected (ADRs, common stocks, warrants) shows broad-based listing standard failures

News Market Reaction

+0.23%

1 alert

+0.23% News Effect

On the day this news was published, NDAQ gained 0.23%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

NEW YORK, Aug. 05, 2025 (GLOBE NEWSWIRE) -- The Nasdaq Stock Market announced today that it will delist the American depositary shares of Secoo Holding Limited. Secoo Holding Limited’s security was suspended on April 26, 2024 and has not traded on Nasdaq since that time.

Nasdaq also announced today that it will delist the common stock of PaxMedica, Inc. PaxMedica, Inc.’s common stock was suspended on May 2, 2024 and has not traded on Nasdaq since that time.

Nasdaq also announced today that it will delist ordinary shares of Etao International Co, Ltd. Etao International Co., Ltd.’s security was suspended on May 9, 2024 and has not traded on Nasdaq since that time.

Nasdaq also announced today that it will delist common stock, units, and warrants of Future Health ESG Corp. Future Health ESG Corp.’s securities were suspended on May 21, 2024 and have not traded on Nasdaq since that time.

Nasdaq also announced today that it will delist the Class A common stock, warrants, and units of Aetherium Acquisition Corp. Aetherium Acquisition Corp.’s securities were suspended on June 21, 2024 and have not traded on Nasdaq since that time.

Nasdaq also announced today that it will delist common stock and warrants of OpGen, Inc. OpGen, Inc.’s securities were suspended on August 20, 2024 and have not traded on Nasdaq since that time.

Nasdaq also announced today that it will delist the American depositary shares and warrants of TC BioPharm (Holdings) plc. TC BioPharm (Holdings) plc’s securities were suspended on March 24, 2025 and have not traded on Nasdaq since that time.

Nasdaq also announced today that it will delist the Class A common stock of Nxu, Inc. Nxu, Inc. ’s stock was suspended on April 10, 2025 and has not traded on Nasdaq since that time.

Nasdaq also announced today that it will delist the common stock and warrants of Ocean Biomedical, Inc. Ocean Biomedical, Inc.’s securities were suspended on April 24, 2025 and have not traded on Nasdaq since that time.

Nasdaq also announced today that it will delist the ordinary shares of Baijiayun Group Ltd. Baijiayun Group Ltd’s security was suspended on May 15, 2025 and has not traded on Nasdaq since that time.

Nasdaq also announced today that it will delist the common stock of iCoreConnect Inc. iCoreConnect Inc.’s common stock was suspended on May 22, 2025 and has not traded on Nasdaq since that time.

Nasdaq also announced today that it will delist the common stock of LogicMark, Inc. LogicMark, Inc.’s common stock was suspended on June 2, 2025 and has not traded on Nasdaq since that time.

Nasdaq also announced today that it will delist the ordinary shares of China Liberal Education Holdings Limited. China Liberal Education Holdings Limited’s security was suspended on June 3, 2025 and has not traded on Nasdaq since that time.

Nasdaq also announced today that it will delist common stock of Unity Biotechnology, Inc. Unity Biotechnology, Inc.’s common stock was suspended on July 9, 2025 and has not traded on Nasdaq since that time.

For more information about The Nasdaq Stock Market, visit the Nasdaq Web site at http://www.nasdaq.com. Nasdaq’s rules governing the delisting of securities can be found in the Nasdaq Rule 5800 Series, available on the Nasdaq Web site: https://listingcenter.nasdaq.com/rulebook/nasdaq/rules/nasdaq-5800-series.

FAQ

How many companies are being delisted from Nasdaq in August 2025?

14 companies are being delisted from Nasdaq, including various types of securities such as American depositary shares, common stocks, ordinary shares, units, and warrants.

What types of companies are affected by the Nasdaq delisting announcement?

The delisting affects various companies, including biotechnology firms (Unity Biotechnology, TC BioPharm, Ocean Biomedical), technology companies (iCoreConnect), and international firms (Secoo Holding, China Liberal Education Holdings).

When were these companies initially suspended from trading on Nasdaq?

The companies were suspended at different times between April 2024 and July 2025, with none of them trading on Nasdaq since their respective suspension dates.

Where can investors find Nasdaq's rules regarding security delistings?

Investors can find Nasdaq's delisting rules in the Nasdaq Rule 5800 Series, available on their website at https://listingcenter.nasdaq.com/rulebook/nasdaq/rules/nasdaq-5800-series.

What happens to shares of companies after they are delisted from Nasdaq?

After delisting from Nasdaq, shares typically move to over-the-counter (OTC) markets if they meet requirements, but they lose the benefits of major exchange listing including reduced liquidity, institutional investment access, and trading visibility.