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Davis Commodities faces Nasdaq delisting after final action

Davis Commodities Limited reported that Nasdaq’s Board of Directors declined to call for review a July 28, 2026 decision by the Nasdaq Listing and Hearing Review Council concerning the company’s listing status.

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Davis Commodities Limited reported that Nasdaq’s Board of Directors declined to call for review a July 28, 2026 decision by the Nasdaq Listing and Hearing Review Council concerning the company’s listing status. Under Nasdaq Listing Rule 5820(e)(6), that decision now constitutes Nasdaq’s final action on the matter.

Nasdaq informed the company it will follow Nasdaq Listing Rule 5830 and SEC Rule 12d2-2 to remove Davis Commodities’ securities from listing on Nasdaq. Trading in the company’s Class A ordinary shares had already been suspended on Nasdaq on March 25, 2026, and those shares are quoted on OTC Markets under the symbol DTCKF. The company may appeal Nasdaq’s decision to the SEC and states it will continue meeting applicable disclosure and reporting obligations while providing updates on any material developments.

Positive

  • None.

Negative

  • Nasdaq final action toward delisting: Nasdaq’s internal review has concluded with a final action to remove Davis Commodities’ securities from listing, following an earlier trading suspension.
  • Continued absence from Nasdaq trading: Class A ordinary shares remain suspended on Nasdaq and are only quoted on the OTC Markets under symbol DTCKF.
Final Action Letter date August 11, 2026 Date of Nasdaq’s final action letter on Davis Commodities’ listing status
Listing Council decision date July 28, 2026 Date of Nasdaq Listing and Hearing Review Council decision upheld as final
Nasdaq trading suspension date March 25, 2026 Date trading in Class A ordinary shares was suspended on Nasdaq
OTC ticker symbol DTCKF Symbol under which Class A ordinary shares are quoted on OTC Markets
Final Action Letter regulatory
"announced that it has received a final action letter dated August 11, 2026"
A final action letter is a formal, written notification from a regulatory authority that states the agency’s definitive decision on an application or submission—such as approval, denial, or required corrective steps—and marks the end of the review process for that filing. It matters to investors because this single document determines whether a product can enter or continue in a market, setting clear timelines, revenue prospects, and regulatory risk much like a referee’s final whistle decides the outcome of a play.
Nasdaq Listing Rule 5820(e)(6) regulatory
"Accordingly, pursuant to Nasdaq Listing Rule 5820(e)(6), the Listing Council’s decision"
Nasdaq Listing Rule 5830 regulatory
"it will follow the procedures set forth in Nasdaq Listing Rule 5830"
Rule 12d2-2 regulatory
"and Rule 12d2-2 under the Securities Exchange Act of 1934"
Rule 12d2-2 is a Securities and Exchange Commission rule tied to the Investment Company Act that governs how one registered investment fund may invest in or interact with another fund, including limits, permitted arrangements, and conditions for exemptions. It matters to investors because the rule shapes fund-of-funds structures, potential conflicts of interest, fee layering and how managers can combine or distribute assets, which can affect returns and transparency.
OTC Markets market
"The Company’s Class A ordinary shares are quoted on the OTC Markets"
Over-the-counter (OTC) markets are trading venues where buyers and sellers deal directly through dealers or electronic networks instead of on a formal exchange; think of a neighborhood flea market versus a supermarket. They matter to investors because OTC-listed stocks often represent smaller or international companies with fewer reporting requirements, which can mean lower liquidity, wider price swings and higher risk but sometimes earlier access to growth opportunities.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Davis Commodities Limited (DTCKF) disclose about its Nasdaq listing status?

Davis Commodities disclosed that Nasdaq issued a Final Action Letter dated August 11, 2026, confirming the Listing Council’s decision as Nasdaq’s final action and initiating procedures to remove its securities from listing.

Can Davis Commodities Limited (DTCKF) still appeal Nasdaq’s delisting decision?

Yes. The company states it may appeal Nasdaq’s decision to the SEC under Section 19 of the Securities Exchange Act and SEC Rules of Practice, even though Nasdaq’s internal review process has been completed.

Where are Davis Commodities Limited (DTCKF) shares currently traded?

Trading of Class A ordinary shares on Nasdaq was suspended on March 25, 2026. The company notes its Class A ordinary shares are quoted on the OTC Markets under the symbol DTCKF.

What is the significance of the Final Action Letter for Davis Commodities (DTCKF)?

The Final Action Letter confirms that the Nasdaq Board declined to review the Listing Council’s July 28, 2026 decision, making that decision Nasdaq’s final action and paving the way for formal delisting procedures.

How does Davis Commodities Limited (DTCKF) plan to handle ongoing reporting?

The company states it will continue to comply with applicable disclosure and reporting obligations and will make additional announcements on any material developments related to its listing status or other matters.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of August 2026

 

Commission File Number: 001-41804

 

Davis Commodities Limited

 

10 Bukit Batok Crescent, #10-01, The Spire

Singapore 658079

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

 

Form 20-F ☒ Form 40-F ☐

 

 

 

 

 

 

 

 

   

 

 

INFORMATION CONTAINED IN THIS REPORT ON FORM 6-K

 

On August 11, 2026, Davis Commodities Limited (the “Company”) was notified by Nasdaq that The Nasdaq Stock Market LLC (“Nasdaq”) Board of Directors has declined to call for review the July 28, 2026 decision of the Nasdaq Listing and Hearing Review Council (the “Listing Council”) in the Company’s appeal proceeding. Accordingly, pursuant to Nasdaq Rule 5820(e)(6), the decision of the Listing Council represents Nasdaq’s final action in this matter. Nasdaq will follow the procedures contained in Nasdaq Rule 5830 and the Securities and Exchange Commission (“SEC”) Rule 12d2-2 to remove the Company’s securities from listing. The Company may appeal this decision to the SEC as provided by Section 19 of the Securities and Exchange Act and the SEC Rules of Practice.

 

On August 14, 2026, the Company issued a press release. A copy of the press release is furnished as Exhibit 99.1 to this Form 6-K.

 

Exhibit No.   Description of Exhibit
99.1   Press release of Davis Commodities Limited, dated August 14, 2026.

 

 

 

 

 

 

 

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  Davis Commodities Limited
     
  By: /sLi Peng Leck
  Name: Li Peng Leck
  Title: Executive Chairperson and Executive Director (Principal Executive Officer)

 

Date: August 14, 2026

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Exhibit 99.1

 

Davis Commodities Limited Announces Receipt of Nasdaq Final Action Letter

 

SINGAPORE, August 14, 2026 (GLOBE NEWSWIRE) -- Davis Commodities Limited (“Davis Commodities” or the “Company”), an agricultural commodity trading company that specializes in trading sugar, rice, and oil and fat products, today announced that it has received a final action letter dated August 11, 2026 (the “Final Action Letter”) from The Nasdaq Stock Market LLC (“Nasdaq”) relating to the listing of the Company’s securities.

 

The Final Action Letter informed the Company that the Nasdaq Board of Directors had declined to call for review the July 28, 2026, decision of the Nasdaq Listing and Hearing Review Council (the “Listing Council”).

 

Accordingly, pursuant to Nasdaq Listing Rule 5820(e)(6), the Listing Council’s decision represents Nasdaq’s final action in this matter.

 

Nasdaq further advised the Company that it will follow the procedures set forth in Nasdaq Listing Rule 5830 and Rule 12d2-2 under the Securities Exchange Act of 1934, as amended, to remove the Company’s securities from listing on Nasdaq.

 

The Final Action Letter also provides that the Company may appeal Nasdaq’s decision to the U.S. Securities and Exchange Commission (the “SEC”) pursuant to Section 19 of the Securities Exchange Act of 1934 and the SEC Rules of Practice.

 

As previously disclosed, trading in the Company’s Class A ordinary shares on Nasdaq was suspended on March 25, 2026. The Company’s Class A ordinary shares are quoted on the OTC Markets under the symbol “DTCKF.”

 

The Final Action Letter relates to the listing status of the Company’s securities and the completion of Nasdaq’s internal review process. The Company will continue to comply with its applicable disclosure and reporting obligations and will make further announcements regarding any material developments, as appropriate and in accordance with applicable laws and regulations.

 

About Davis Commodities Limited

 

Based in Singapore, Davis Commodities Limited is an agricultural commodity trading company specializing in the trading of sugar, rice, and oil and fat products across markets including Asia, Africa and the Middle East. The Company sources, markets and distributes commodities under its principal brands, including Maxwill and Taffy in Singapore.

 

The Company also provides complementary services supporting its commodity trading activities, including warehouse handling, storage and logistics services. Through its established network of commodity suppliers and logistics service providers, Davis Commodities serves customers across multiple international markets.

 

For more information, please visit the Company’s investor relations website at ir.daviscl.com.

 

 

 

 

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Forward-Looking Statements

 

Certain statements in this press release may constitute “forward-looking statements” within the meaning of applicable securities laws. Such statements include, among other things, statements concerning the Company’s future plans, regulatory and reporting obligations, the Nasdaq delisting process, any potential appeal or other actions the Company may consider, and the Company’s future business and operations.

 

Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or developments to differ materially from those expressed or implied by such statements. These statements are based on management’s current expectations and assumptions and are subject to risks and uncertainties described in the Company’s filings with the SEC.

 

The Company undertakes no obligation to publicly update or revise any forward-looking statements to reflect subsequent events, circumstances or changes in expectations, except as required by applicable law.

 

Investor Relations Contact

 

Davis Commodities Limited
Investor Relations Department
Email: investors@daviscl.com

 

 

 

 

 

 

 

 

 

 

 

 

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Filing Exhibits & Attachments

1 document

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