IMTE faces Nasdaq delisting; suspension possible on Nov 10, 2025
Integrated Media Technology Limited reported it received a Nasdaq delisting determination for not complying with Listing Rule 5250(c)(1) after failing to timely file its Form 20-F for the year ended December 31, 2024.
Rhea-AI Filing Summary
Integrated Media Technology Limited reported it received a Nasdaq delisting determination for not complying with Listing Rule 5250(c)(1) after failing to timely file its Form 20-F for the year ended December 31, 2024. Unless it requests a hearing before the Nasdaq Hearings Panel, the company’s shares are set for suspension and delisting from the Nasdaq Capital Market at the open on November 10, 2025.
Nasdaq previously granted an exception through October 29, 2025, which the company did not meet. The company plans to request a hearing, which triggers a 15-day stay from the request date, with the Panel to decide on any extended stay within 15 calendar days following the hearing-request deadline. The company issued a press release on October 31, 2025 noting receipt of the determination.
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Insights
Nasdaq delisting risk arises from late 20-F; 15-day stay possible.
IMTE received a delisting determination due to non-compliance with Listing Rule 5250(c)(1) after missing the Form 20-F for the year ended December 31, 2024. Absent action, suspension and delisting would occur at the open on November 10, 2025.
The company intends to request a hearing, which provides a 15-day automatic stay from the request date. The Panel may grant an extended stay and will notify the company within 15 calendar days following the hearing-request deadline.
Trading continuity depends on the hearing request and any extended stay. Subsequent disclosures may clarify filing status and the Panel’s decision.
FAQ
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What did IMTE disclose in its Form 6-K?
What happens if IMTE requests a Nasdaq hearing?
Did IMTE previously receive extra time to comply?
Did IMTE issue a press release about the determination?
AI-generated analysis. How Rhea-AI works. Not financial advice.
