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NusaTrip Announces Response to NASDAQ Request for Information Following Temporary Suspension of Trading

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NusaTrip (NASDAQ:NUTR) disclosed that it responded on Oct 15, 2025 to a Nasdaq request for information that followed an SEC trading suspension order covering Oct 9–22, 2025. The SEC said the suspension related to potential manipulation in NUTR securities via social media recommendations that appeared aimed at inflating price and volume.

The company says it denies participation in any price manipulation, will cooperate with Nasdaq and the SEC, and has not received further Nasdaq inquiries after its Oct 15 response. Nasdaq has continued to halt trading since Oct 23, 2025. Investors are urged to rely on official company releases and SEC filings.

NusaTrip (NASDAQ:NUTR) ha comunicato di aver risposto il 15 ottobre 2025 a una richiesta di informazioni della Nasdaq che è seguita a un ordine di sospensione delle negoziazioni SEC relativo al periodo dal 9 al 22 ottobre 2025. La SEC ha affermato che la sospensione era legata a una potenziale manipolazione dei titoli NUTR tramite raccomandazioni sui social media che sembravano mirate a gonfiare prezzo e volume.

L’azienda afferma di nego di aver partecipato a qualsiasi manipolazione del prezzo, collaborerà con Nasdaq e la SEC e non ha ricevuto ulteriori richieste di Nasdaq dopo la sua risposta del 15 ottobre. Nasdaq ha continuato a sospendere le negoziazioni dal 23 ottobre 2025. Si esortano gli investitori a fare affidamento sui comunicati ufficiali dell’azienda e sui documenti SEC.

NusaTrip (NASDAQ:NUTR) anunció que respondió el 15 de octubre de 2025 a una solicitud de información de Nasdaq que siguió a una orden de suspensión de operaciones de la SEC que abarcaba del 9 al 22 de octubre de 2025. La SEC indicó que la suspensión estaba relacionada con una posible manipulación en valores de NUTR mediante recomendaciones en redes sociales que parecían dirigidas a inflar el precio y el volumen.

La empresa afirma negar haber participado en cualquier manipulación de precios, cooperará con Nasdaq y la SEC y no ha recibido más consultas de Nasdaq después de su respuesta del 15 de octubre. Nasdaq ha seguido deteniendo la negociación desde el 23 de octubre de 2025. Se insta a los inversores a basarse en comunicados oficiales de la empresa y en los archivos de la SEC.

NusaTrip (NASDAQ:NUTR)2025년 10월 15일에 나스닥의 정보 요청에 응답했다고 발표했습니다. 이는 SEC 거래 중단 명령이 2025년 10월 9일부터 22일 사이를 다룬 후 내려진 것으로, SEC는 이 중단이 소셜 미디어 추천을 통해 NUTR 증권의 가격과 거래량을 부풀리려는 의도된 조작과 관련이 있다고 밝혔습니다.

회사는 가격 조작에 관여하지 않음을 주장하며 나스닥과 SEC와 협력할 것이고, 10월 15일 응답 이후 나스닥의 추가 질의를 받지 못했다고 밝혔습니다. 나스닥은 2025년 10월 23일부터 거래를 중단한 상태를 계속 유지하고 있습니다. 투자자들은 회사의 공식 발표와 SEC 서류에 의존할 것을 권고받고 있습니다.

NusaTrip (NASDAQ:NUTR) a déclaré avoir répondu le 15 octobre 2025 à une demande d’informations de Nasdaq qui a suivi une ordonnance de suspension des transactions de la SEC couvrant la période du 9 au 22 octobre 2025. La SEC a indiqué que la suspension était liée à une possible manipulation des actions NUTR via des recommandations sur les réseaux sociaux visant à faire monter le prix et le volume.

La société affirme nier toute participation à une manipulation des prix, coopérera avec Nasdaq et la SEC et n’a pas reçu d’autres demandes de Nasdaq après sa réponse du 15 octobre. Nasdaq a continué de suspendre les échanges depuis le 23 octobre 2025. Les investisseurs sont invités à se fier aux communiqués officiels de l’entreprise et aux dépôts SEC.

NusaTrip (NASDAQ:NUTR) gab bekannt, dass es am 15. Oktober 2025 auf eine Informationsanfrage der Nasdaq reagiert hat, die einer SEC-Handelsaufhebung für den Zeitraum vom 9. bis 22. Oktober 2025 folgte. Die SEC erklärte, dass die Sperre mit möglicher Manipulation der NUTR-Werte durch Empfehlungen in sozialen Medien zusammenhänge, die darauf abzielen könnten, den Preis und das Handelsvolumen zu erhöhen.

Das Unternehmen erklärt, es bestreitet eine Beteiligung an jeglicher Preismanipulation, wird mit Nasdaq und der SEC kooperieren und hat nach seiner Antwort vom 15. Oktober keine weiteren Anfragen von Nasdaq erhalten. Nasdaq hat den Handel seit dem 23. Oktober 2025 weiterhin ausgesetzt. Investoren werden aufgefordert, sich auf offizielle Unternehmensverlautbarungen und SEC-Unterlagen zu verlassen.

NusaTrip (NASDAQ:NUTR) أفاد بأنه رد على طلب معلومات من Nasdaq في 15 تشرين الأول/أكتوبر 2025 تبع أمر وقف التداول من SEC الذي يغطي الفترة من 9 إلى 22 تشرين الأول/أكتوبر 2025. وقالت SEC إن الوقف مرتبط باحتمال التلاعب في أسهم NUTR من خلال توصيات على وسائل التواصل الاجتماعي بدت موجهة لرفع السعر والحجم.

وتؤكد الشركة أنها تنفي المشاركة في أي تلاعب بالسعر، وستتعاون مع Nasdaq وSEC، ولم تتلق أي استفسارات إضافية من Nasdaq بعد ردها في 15 أكتوبر. تستمر Nasdaq في إيقاف التداول منذ 23 أكتوبر 2025. ويُحث المستثمرون على الاعتماد على الإصدارات الرسمية للشركة وملفات SEC.

NusaTrip (NASDAQ:NUTR) 公布,其已在2025年10月15日回应纳斯达克的信息请求,此前有一项覆盖< b>SEC交易暂停的命令,涉及2025年10月9日至22日。SEC表示,该暂停与通过社交媒体推荐而可能进行的NUTR证券价格和成交量操纵相关。

公司表示否认参与任何价格操纵,将配合纳斯达克和SEC,并且在10月15日的回应后没有收到来自纳斯达克的进一步询问。自2025年10月23日起,纳斯达克继续暂停交易。投资者被敦促依赖公司的官方公告和SEC备案文件。

Positive
  • Company affirmed cooperation with Nasdaq and the SEC
  • Company denies involvement in price manipulation
Negative
  • SEC suspended trading in NUTR securities for Oct 9–22, 2025
  • Nasdaq continued trading halt of NUTR securities since Oct 23, 2025
  • Nasdaq provided no specific timeline to resolve the matter

Insights

SEC trading suspension and ongoing Nasdaq halt create clear near-term operational and market-access disruption for NusaTrip.

NusaTrip received an October 9, 2025 SEC trading suspension (covering 4:00 a.m. ET on October 9, 2025 through 11:59 p.m. ET on October 22, 2025) and responded to a Nasdaq information request on October 15, 2025. Nasdaq has since continued to halt trading since October 23, 2025. The SEC cited apparent social‑media driven recommendations to buy as the basis for the suspension; the Company states it has not participated in manipulation and will cooperate with regulators.

The business mechanism at play is market‑access risk: suspended trading prevents secondary market price discovery and liquidity, which can impair shareholder confidence and restrict corporate actions that depend on tradable equity. Key dependencies and risks include the SEC’s and Nasdaq’s investigative findings, the duration of the Nasdaq trading halt, and any follow‑up disclosures or formal enforcement actions by the SEC. Monitor whether Nasdaq issues a specific timeline or the SEC files further orders; the near term (weeks–months) will determine how material this remains to operations and stakeholder confidence.

New York, NY, Oct. 28, 2025 (GLOBE NEWSWIRE) -- NusaTrip Inc (Nasdaq: NUTR) (“NusaTrip” or the “Company”), a leading travel ecosystem with geographical specialization in Southeast Asia (“SEA”) and Asia-Pacific (“APAC”) today said that, on October 15, 2025, the Company responded to a request by The Nasdaq Stock Market LLC for certain information and documents.

That request, received by the Company on October 9, 2025, followed an order received by NusaTrip the previous day from the U.S. Securities and Exchange Commission (the “SEC”) suspending trading in NusaTrip’s securities for the period from 4:00 a.m. ET on October 9, 2025, through 11:59 p.m. ET on October 22, 2025, which order is available at https://www.sec.gov/enforcement-litigation/trading-suspensions.

The Commission informed NusaTrip that it took this action because of potential manipulation in the securities of NUTR effectuated through recommendations made to investors by unknown persons via social media to purchase the Company’s securities. These recommendations, said the SEC, appeared designed to artificially inflate the price and volume of the securities of NUTR. The SEC order was entered pursuant to Section 12(k) of the Securities Exchange Act of 1934.

Since the time of NusaTrip’s above-stated response to Nasdaq made on October 15, 2025, the Company has not received any further inquiries from Nasdaq and has not provided NusaTrip with a specific timeline to resolve this matter.

Since October 23, 2025, Nasdaq has continued to halt the trading of NusaTrip’s securities.

The Company affirms that it has not participated in any price manipulation activity and that it will fully cooperate with both Nasdaq and the SEC.

The investors should rely only on official PR channels and SEC filings for information on this matter.

About NusaTrip
Established in 2015 and headquartered in Jakarta, Indonesia, NusaTrip Incorporated is an integrated travel technology platform with geographical specialization in Southeast Asia (SEA) and Asia-Pacific (APAC). As an acquisitions-focused company, mergers and acquisitions of offline travel agencies play a pivotal role in our growth strategy. We have demonstrated an ability to execute accretive and synergistic acquisitions as well as integrate and fundamentally improve our acquired businesses. We have completed acquisitions of VLeisure and VIT, both travel companies in Vietnam. We will continue to focus on the acquisition of other synergistic companies, and we are currently looking to acquire travel agencies operating in PRC, Hong Kong, Philippines, Thailand, Singapore, Malaysia, India, and UAE. We aim to bring travellers from the rest of the world to SEA and APAC (inbound travel) and bring travellers from SEA and APAC to the rest world (outbound travel).

We are the first Indonesian-based online travel agent (OTA) in Indonesia to receive International Air Transport Association (IATA) accreditation. IATA gives OTA’s access to all airline fares and inventories. For being the first IATA-accredited OTA in Indonesia, we have first-hand fares from both full-service and low-cost carriers.

For more information, please visit: https://www.nusatripir.com

LinkedIn at https://www.linkedin.com/company/nusatrip

Facebook at https://www.facebook.com/NusaTripCom

X at https://x.com/nusatrip

Instagram at https://www.instagram.com/nusatrip/

Cautionary Note Concerning Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding the completion and timing of closing of the offering and the intended use of the proceeds. You can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts. These statements may include words such as “anticipate”, “estimate”, “expect”, “project”, “plan”, “intend”, “believe”, “may”, “will”, “should”, “can have”, “likely” and other words and terms of similar meaning. Forward-looking statements represent NusaTrip Incorporated’s current expectations regarding future events and are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those implied by the forward-looking statements. Among those risks and uncertainties are market conditions, including the trading price and volatility of NusaTrip Incorporated’s common stock and risks relating to NusaTrip Incorporated’s business and the satisfaction of closing conditions in the underwriting agreement related to the offering.

For a further description of the risks and uncertainties relating to NusaTrip Incorporated’s business in general, see the final prospectus related to the Offering and NusaTrip Incorporated’s current and future reports filed with the SEC.

Media Contacts:

NusaTrip Incorporated
Anson Neo
Chief Marketing Officer
anson.neo@nusatrip.com

Skyline Corporate Communications Group, LLC
Scott Powell, President
1177 Avenue of the Americas, 5th Floor New York, New York 10036
Office: (646) 893-5835 x2
Email: info@skylineccg.com


FAQ

Why did the SEC suspend trading in NusaTrip (NUTR) shares in October 2025?

The SEC said the suspension related to potential manipulation through social media recommendations that appeared designed to inflate NUTR price and volume.

Has Nasdaq resumed trading in NusaTrip (NUTR) after Oct 22, 2025?

No; Nasdaq continued to halt trading of NUTR securities since Oct 23, 2025 and has not provided a specific timeline to resolve the matter.

What did NusaTrip (NUTR) say in its Oct 28, 2025 response about manipulation claims?

NusaTrip affirmed it did not participate in any price manipulation and said it will fully cooperate with Nasdaq and the SEC.

Did Nasdaq request information from NusaTrip (NUTR) before the SEC order?

Nasdaq issued its request on Oct 9, 2025 after the SEC entered the suspension order; the company responded to Nasdaq on Oct 15, 2025.

Where should investors get official updates on NusaTrip (NUTR) trading status?

Investors should rely only on official company press releases and SEC filings for information on this matter.
Nusatrip Incorporated

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