Nasdaq (Nasdaq: NDAQ) notified NusaTrip Incorporated (Nasdaq: NUTR) that its securities are slated for delisting from the Nasdaq Stock Market on August 12, 2026, unless the company appeals to a Listing Qualifications Hearings Panel.
The securities remain halted and unavailable for trading until any appeal is resolved. Nasdaq halted NusaTrip’s ordinary shares on October 23, 2025, following a temporary trading suspension by the U.S. Securities and Exchange Commission, and is using its authority under IM-5101-4 to proceed with delisting. After removal from Nasdaq, the securities may be eligible for trading on the over-the-counter market.
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Positive
Possible eligibility for over-the-counter trading after Nasdaq removal
Company has right to appeal delisting to a Hearings Panel
Negative
Nasdaq plans to delist NusaTrip (NUTR) securities on August 12, 2026
NusaTrip securities remain halted and unavailable to trade pending any appeal
Nasdaq halted NusaTrip ordinary shares on October 23, 2025 after an SEC temporary suspension
Nasdaq is using its discretionary authority under IM-5101-4 to delist the securities
Market Context
NDAQ's recent insider activity was labeled Net Buying, while current short positioning was low. Agai...
Analysis
NDAQ's recent insider activity was labeled Net Buying, while current short positioning was low. Against that backdrop, the delisting notice is an exchange-administration event; further Nasdaq filings provide the relevant factual update.
Key Figures
Anticipated delisting date:August 12, 2026Trading halt date:October 23, 2025
2 metrics
Anticipated delisting dateAugust 12, 2026Unless NusaTrip appeals to a Listing Qualifications Hearings Panel
Trading halt dateOctober 23, 2025Nasdaq halted NusaTrip's ordinary shares after a temporary SEC suspension
MaxsMaking received a delisting notification with trading remaining halted.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Pattern Detected
NDAQ's recent history showed mixed reactions, including negative responses to two positive announcements and a positive response to a negative delisting notice.
"its securities will be delisted from the Nasdaq Stock Market LLC"
Delisted means a company's shares have been removed from a public stock exchange and are no longer traded on that venue. For investors this matters because it reduces ease of buying or selling the stock, cuts off regular price discovery and exchange oversight, and can signal regulatory or financial problems; it's like a product being pulled from a supermarket shelf and only available through harder-to-find channels.
listing qualifications hearings panelregulatory
"unless the company appeals to a Listing Qualifications Hearings Panel"
A listing qualifications hearings panel is a review board at a stock exchange that evaluates whether a company still meets the exchange’s rules for being listed, such as minimum share price, financial reporting, or governance standards. Think of it as a referee deciding if a team can stay in the league; its decisions can affect a stock’s ability to trade on the exchange, liquidity, investor confidence, and ultimately share value.
over-the-counter marketfinancial
"the securities may be eligible for trading in the over-the-counter market"
A market where securities are bought and sold directly between dealers and brokers instead of on a centralized stock exchange. Think of it like a neighborhood bazaar compared with a big supermarket: prices and rules can vary, oversight is lighter, and some instruments are harder to trade or riskier. Investors care because OTC listings can offer access to small or specialized investments but often come with higher price volatility, lower liquidity, and greater information risk.
trading suspensionregulatory
"Following a temporary trading suspension in the Company’s securities"
A trading suspension is a temporary halt on buying and selling a company's stock imposed by an exchange or regulator while a specific issue is resolved or more information is provided. It matters to investors because it freezes the market value and prevents trades—like pausing a game until the referee clears a disputed play—so investors cannot adjust positions and may face sudden price moves or uncertainty when trading resumes.
NEW YORK, Aug. 03, 2026 (GLOBE NEWSWIRE) -- The Nasdaq Stock Market (Nasdaq: NDAQ) announced today that it has notified NusaTrip Incorporated (Nasdaq: NUTR) that its securities will be delisted from the Nasdaq Stock Market LLC on August 12, 2026, unless the company appeals to a Listing Qualifications Hearings Panel.The securities will remain halted, and unavailable to trade, until any appeal is resolved.Following removal from Nasdaq the securities may be eligible for trading in the over-the-counter market.
Following a temporary trading suspension in the Company’s securities by the U.S. Securities and Exchange Commission (https://www.sec.gov/files/litigation/suspensions/2025/34-104167.pdf) Nasdaq halted trading in the Company’s ordinary shares on October 23, 2025.Nasdaq has now determined that it is appropriate to use its authority under IM-5101-4 to delist the Company’s securities from Nasdaq.
For news and additional information about the company, please review the companies’ public filings or contact the company directly.
Why is NusaTrip (NASDAQ: NUTR) being delisted from the Nasdaq Stock Market?
NusaTrip is being delisted because Nasdaq determined it appropriate to use its authority under IM-5101-4. According to Nasdaq, this follows an SEC temporary suspension and a trading halt imposed on October 23, 2025, in the company’s ordinary shares.
When will NusaTrip (NUTR) be delisted from Nasdaq, and can it appeal?
Nasdaq plans to delist NusaTrip’s securities on August 12, 2026, unless the company appeals. According to Nasdaq, NusaTrip can appeal to a Listing Qualifications Hearings Panel, during which its securities remain halted until any appeal is resolved.
Are NusaTrip (NUTR) shares currently trading on Nasdaq?
NusaTrip shares are not currently trading on Nasdaq; they remain halted and unavailable. According to Nasdaq, trading was halted on October 23, 2025 following a temporary SEC suspension and will stay halted until any appeal outcome.
Will NusaTrip (NUTR) trade over the counter after Nasdaq delisting?
NusaTrip securities may be eligible for over-the-counter trading after removal from Nasdaq. According to Nasdaq, eligibility is possible but not guaranteed, and investors should check OTC market availability after the effective delisting date.
What SEC action preceded Nasdaq’s halt of NusaTrip (NUTR) shares?
Before Nasdaq’s halt, the U.S. Securities and Exchange Commission temporarily suspended trading in NusaTrip’s securities. According to Nasdaq, this SEC suspension led to Nasdaq halting the company’s ordinary shares on October 23, 2025.
Where can investors find official information about Nasdaq’s delisting of NusaTrip (NUTR)?
Investors can review Nasdaq’s Rule 5800 Series and company filings for official details. According to Nasdaq, rules are available on its website, and NusaTrip’s public filings or direct contact provide additional company-specific information.