Fast Track Group said Nasdaq will delist its Class A ordinary shares from the Nasdaq Capital Market; delisting will become effective ten days after Nasdaq files Form 25-NSE. Nasdaq cited failure to satisfy the US$1.00 minimum bid price requirement. Fast Track Group withdrew its appeal on September 15, 2026, cancelling a hearing scheduled for September 17, 2026. Trading on Nasdaq had been suspended since August 18, 2026.
Fast Track Group expects the shares to continue trading on OTC Markets after delisting. It says it will remain a reporting company and intends to continue filing annual reports on Form 20-F and reports on Form 6-K.
Fast Track Group (FTRKD) reports that on September 2, 2026, Chief Operating Officer and director Low Jiayi resigned from both roles, effective the same day. The company states that the resignation is for personal reasons and not due to any disagreement with management or the board.
Fast Track Group is conducting a search for a suitable candidate to serve as the new Chief Operating Officer and director and indicates that it will make an announcement in due course.