Delisting of Securities of Adamas One Corp.; Hempacco Co., Inc.; Iris Acquisition Corp; Aura FAT Projects Acquisition Corp.; Newbury Street Acquisition Corporation; Arogo Capital Acquisition Corp.; Compass Digital Acquisition Corp.; Gritstone bio, Inc.; Notable Labs, Ltd.; and Zapata Computing Holdings Inc. from The Nasdaq Stock Market

Rhea-AI Summary

Nasdaq has announced the delisting of securities from multiple companies that were previously suspended from trading. The affected companies include Adamas One Corp, Hempacco Co, Iris Acquisition Corp, Aura FAT Projects Acquisition Corp, Newbury Street Acquisition , Arogo Capital Acquisition Corp, Compass Digital Acquisition Corp, Gritstone bio, Notable Labs, and Zapata Computing Holdings.

The suspensions occurred between September and October 2024, with none of the companies' securities trading on Nasdaq since their respective suspension dates. The delistings affect various types of securities including common stocks, warrants, units, and Class A shares.

Positive

• Nasdaq maintaining listing standards through enforcement of compliance rules

Negative

• Mass delisting of 10 companies indicates compliance or performance issues
• All companies had extended trading suspensions (4-5 months) before delisting
• Multiple security types affected across companies (stocks, warrants, units)

News Market Reaction

+2.45%

1 alert

+2.45% News Effect

On the day this news was published, NDAQ gained 2.45%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

NEW YORK, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Nasdaq announced today that it will delist the common stock of Adamas One Corp. Adamas One Corp.’s stock was suspended on September 05, 2024 and has not traded on Nasdaq since that time.

Nasdaq also announced today that it will delist the common stock of Hempacco Co, Inc. Hempacco Co., Inc.’s stock was suspended on September 06, 2024 and has not traded on Nasdaq since that time.

Nasdaq also announced today that it will delist the common stock Class A, unit, warrant of Iris Acquisition Corp. Iris Acquisition Corp’s stock was suspended on September 06, 2024 and has not traded on Nasdaq since that time.

Nasdaq also announced today that it will delist the ordinary shares Class A, warrant, unit of Aura FAT Projects Acquisition Corp. Aura FAT Projects Acquisition Corp’s stock was suspended on September 09, 2024 and has not traded on Nasdaq since that time.

Nasdaq also announced today that it will delist the common stock, warrant, and unit of Newbury Street Acquisition Corporation. Newbury Street Acquisition Corporation’s stock was suspended on September 10, 2024 and has not traded on Nasdaq since that time.

Nasdaq also announced today that it will delist the common stock Class A, warrant, unit of Arogo Capital Acquisition Corp. Arogo Capital Acquisition Corp.’s stock was suspended on September 17, 2024 and has not traded on Nasdaq since that time.

Nasdaq also announced today that it will delist the ordinary shares Class A, warrant, unit of Compass Digital Acquisition Corp. Compass Digital Acquisition Corp.’s stock was suspended on October 22, 2024 and has not traded on Nasdaq since that time.

Nasdaq also announced today that it will delist the common stock of Gritstone bio, Inc. Gritstone bio, Inc.’s stock was suspended on October 22, 2024 and has not traded on Nasdaq since that time.

Nasdaq also announced today that it will delist the ordinary shares of Notable Labs, Ltd. Notable Labs, Ltd.’s stock was suspended on October 23, 2024 and has not traded on Nasdaq since that time.

Nasdaq also announced today that it will delist the common stock, warrant of Zapata Computing Holdings Inc. Zapata Computing Holdings Inc.’s stock was suspended on October 28, 2024 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 February 2025?

10 companies are being delisted from Nasdaq, including their various securities such as common stocks, warrants, and units.

When was the earliest suspension date among the delisted companies on NDAQ?

Adamas One Corp. was suspended earliest, on September 5, 2024.

What types of securities are being delisted from these companies on NDAQ?

The delisted securities include common stocks, Class A shares, units, warrants, and ordinary shares.

Which was the last company to be suspended before delisting from NDAQ?

Zapata Computing Holdings Inc. was the last company suspended, on October 28, 2024.