Nasdaq Halts Bowen Acquisition Corp.
Rhea-AI Summary
Nasdaq (NASDAQ:NDAQ) has announced a trading halt for Bowen Acquisition Corp. securities on July 15, 2025, at 17:45:19 ET. The halt affects multiple securities including ordinary shares (BOWN) at $9.19, rights (BOWNR) at $0.2252, and units (BOWNU) at $13.02.
Trading will remain suspended until Bowen Acquisition Corp. complies with Nasdaq's request for additional information. This regulatory action demonstrates Nasdaq's oversight role in maintaining market integrity and transparency.
Positive
- Demonstrates Nasdaq's active market oversight and regulatory compliance enforcement
- Quick response to potential compliance issues to protect market integrity
Negative
- Trading suspension affects market liquidity for Bowen Acquisition Corp. securities
- Potential compliance or disclosure issues with Bowen Acquisition Corp.
News Market Reaction
On the day this news was published, NDAQ gained 1.02%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
NEW YORK, July 16, 2025 (GLOBE NEWSWIRE) -- The Nasdaq Stock Market® (Nasdaq: NDAQ) announced that trading was halted on July 15, 2025 in Bowen Acquisition Corp. at 17:45:19 Eastern Time for additional information requested from the company. The last sale price of the company’s securities was:
- Ordinary shares (Nasdaq: BOWN)
$9.19 - Rights (Nasdaq: BOWNR)
$0.22 52 - Units (Nasdaq: BOWNU)
$13.02
Trading will remain halted until Bowen Acquisition Corp. has fully satisfied Nasdaq’s request for additional information.
For news and additional information about the company, please contact the company directly or check under the company’s symbol using InfoQuotesSM on the Nasdaq® Web site.
For more information about The Nasdaq Stock Market, visit the Nasdaq Web site at http://www.nasdaq.com.
Nasdaq Media Contact:
Sophia Weiss
sophia.weiss@nasdaq.com
NDAQO