Nasdaq Halts Platinum Analytics Cayman Limited

Rhea-AI Summary

Nasdaq (NDAQ) announced a trading halt in Platinum Analytics Cayman Limited (Nasdaq: PLTS) on October 18, 2025 while Nasdaq requests additional information from the company.

The release notes the SEC previously suspended trading in PLTS from 04:00:00 on October 6, 2025 to 23:59:00 on October 17, 2025. The last reported sale price of PLTS ordinary shares was $17.50. Trading will remain halted until Platinum Analytics Cayman Limited fully satisfies Nasdaq's information request. Investors are directed to the SEC order link and can check InfoQuotes on the Nasdaq website or contact the company for updates.

Positive

• Last reported sale price of $17.50
• Investors can access updates via InfoQuotes on the Nasdaq website

Negative

• SEC suspended trading in PLTS from Oct 6, 2025 to Oct 17, 2025
• Nasdaq halted trading in PLTS on Oct 18, 2025 pending additional information
• Trading will remain halted until the company fully satisfies Nasdaq's information request

NEW YORK, Oct. 18, 2025 (GLOBE NEWSWIRE) -- The Nasdaq Stock Market® (Nasdaq: NDAQ) announced that trading is halted in Platinum Analytics Cayman Limited (Nasdaq: PLTS) for additional information requested from the company. Previously, the Securities and Exchange Commission effected a trading suspension in PLTS from 04:00:00 on October 6, 2025 to 23:59:00 on October 17, 2025. The last sale price of the company’s ordinary shares was $17.50. 

More information about the SEC’s order can be found at https://www.sec.gov/files/litigation/suspensions/2025/34-104164.pdf.

Trading will remain halted until Platinum Analytics Cayman Limited 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 InfoQuotes^SM 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:

Michelle Mendiola
michelle.mendiola@nasdaq.com

NDAQO

FAQ

Why did Nasdaq halt trading in Platinum Analytics (PLTS) on October 18, 2025?

Nasdaq halted PLTS trading on October 18, 2025 because it requested additional information from the company and trading will remain halted until Nasdaq's request is fully satisfied.

Did the SEC take any action against Platinum Analytics (PLTS) in October 2025?

Yes, the SEC effected a trading suspension in PLTS from 04:00:00 on Oct 6, 2025 to 23:59:00 on Oct 17, 2025 (see the SEC order link).

What was the last sale price for PLTS ordinary shares before the halt?

The last reported sale price for PLTS ordinary shares was $17.50.

How long will Nasdaq keep PLTS trading halted?

Trading will remain halted until Platinum Analytics Cayman Limited has fully satisfied Nasdaq’s request for additional information.

Where can investors find updates about PLTS (Nasdaq: PLTS) during the halt?

Investors can contact the company directly or check under the symbol PLTS using InfoQuotes on the Nasdaq website for news and additional information.