STOCK TITAN

Charming Medical faces Nasdaq suspension November 9

The company says operations will continue in the ordinary course; OTC quotation may be possible, but no active or sustained secondary market is assured.

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(High)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Form Type
6-K

Rhea-AI Filing Summary

Charming Medical Limited said Nasdaq determined to delist its securities under Listing Rule IM-5101-4 after the company did not request a hearing by November 5, 2026. Trading is scheduled to be suspended at the opening of business on November 9, 2026; Nasdaq will subsequently file Form 25-NSE to remove the securities from listing and registration. Nasdaq halted trading in the securities on November 26, 2025, and the halt remained in effect.

The company said the delisting determination has no immediate effect on its ongoing business operations or financial condition and that it will continue operating in the ordinary course. Its securities may be eligible for OTC quotation after the Nasdaq suspension, but there is no assurance a broker-dealer will quote them or that an active or sustained secondary market will develop. OTC trading may involve limited information, reduced liquidity and greater volatility.

0 points · 0 major

How this balance works

Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.

It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.

Rhea-AI Sentiment measures something else, the tone of the wording.

1 major · 1 point

Hollow bars mark forward-looking points. How the balance works

Positive

  • None.

Negative

  • Major point. Forward-looking: it has not happened yet and may not happen.Nasdaq trading suspension is scheduled for November 9, 2026.

Filing Explained

The release says Nasdaq’s delisting determination invokes a rule allowing delisting after an SEC temporary suspension based on potential third-party misconduct. The company reports Nasdaq has made no finding that Charming Medical engaged in wrongdoing.

Delisting determination date October 29, 2026 Date of Nasdaq's delisting determination letter
Hearing request deadline November 5, 2026 Deadline by which the company did not request a hearing
Nasdaq suspension date November 9, 2026 Suspension scheduled for the opening of business
delisting determination regulatory
"Nasdaq had determined to delist the Company’s securities"
A delisting determination is a formal decision by a stock exchange or regulator to remove a company’s shares from the official trading list, usually after the company fails to meet rules such as filing reports, maintaining a minimum share price, or staying solvent. It matters to investors because removal reduces or eliminates easy ways to buy or sell the shares, can sharply lower their value, and forces holders to trade in smaller, riskier markets — like having to sell a car at a neighborhood garage sale instead of a busy dealership.
Form 25-NSE regulatory
"Nasdaq will subsequently file a Form 25-NSE with the SEC"
Form 25‑NSE is an official filing used to notify the stock exchange that a company’s securities are being removed from trading on that exchange, similar to handing in a key when a shop closes. Investors care because removal ends public trading on that venue, often cutting liquidity and making it harder to buy or sell shares, which can affect a stock’s price and how quickly investors can access cash or exit positions.
over-the-counter (OTC) market market
"may be eligible for quotation in the over-the-counter (OTC) market"
An over-the-counter (OTC) market is a decentralized way of trading stocks, bonds, or other securities directly between dealers and investors rather than on a formal exchange. It matters to investors because OTC listings often involve smaller, less-regulated companies or specialized securities, which can mean higher risk, lower liquidity, and wider price swings—similar to shopping at a local flea market where selections and prices vary more than at a large supermarket.

FAQ

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

When is trading in MCTA scheduled to be suspended on Nasdaq?

Nasdaq scheduled the suspension for the opening of business on November 9, 2026, after Charming Medical did not request a hearing by the November 5, 2026 deadline. Nasdaq had halted trading in the securities on November 26, 2025, and that halt remained in effect.

Can MCTA trade over the counter after Nasdaq delisting?

The securities may be eligible for OTC quotation, but the company said there is no assurance that a broker-dealer will make a market in or quote them, or that an active or sustained secondary market will develop. It also said OTC trading may involve limited information, reduced liquidity and greater volatility.

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 November 2026

 

Commission File Number: 001-42907

 

CHARMING MEDICAL LIMITED

(Translation of registrant’s name into English)

 

Units 1803-1806, 18/F, Hang Lung Centre, 2-20 Paterson Street, Causeway Bay, Hong Kong

(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 ☐

 

 

 

 

 

 

Nasdaq Delisting Determination and Suspension of Trading

 

As previously disclosed, Charming Medical Limited (the “Company”) received a delisting determination letter, dated October 29, 2026, from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that Nasdaq had determined to delist the Company’s securities pursuant to Nasdaq Listing Rule IM-5101-4.

 

The Company did not request a hearing by the November 5, 2026 deadline. As a result, trading in the Company’s securities on Nasdaq will be suspended at the opening of business on November 9, 2026. Nasdaq will subsequently file a Form 25-NSE with the U.S. Securities and Exchange Commission (the “SEC”), which will remove the Company’s securities from listing and registration on The Nasdaq Stock Market.

 

The Company issued a press release on November 9, 2026, announcing the upcoming suspension of trading in the Company’s securities on Nasdaq. A copy of this press release is furnished herewith as Exhibit 99.1 and is incorporated by reference herein.

 

Forward-Looking Statements

 

This Form 6-K contains forward-looking statements that involve risks and uncertainties. The risks and uncertainties involved include market conditions and other risks detailed from time to time in the Company’s periodic reports and other filings with the SEC. You are cautioned not to place undue reliance on forward-looking statements, which are based on the Company’s current expectations and assumptions and speak only as of the date of this Form 6-K. The Company does not intend to revise or update any forward-looking statement in this Form 6-K as a result of new information, future events or otherwise, except as required by law.

 

Financial Statements and Exhibits

 

The following exhibit is being furnished herewith:

 

Exhibit No.   Description
99.1   Press Release Dated November 9, 2026

 

1 

 

 

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.

 

Date: November 9, 2026

 

  Charming Medical Limited
     
  By: /s/ Kit Wong
  Name:  Kit Wong
  Title: Chief Executive Officer and
Chairman of the Board of Directors

 

2 

 

Exhibit 99.1

 

Charming Medical Limited Announces Nasdaq Delisting Determination and Suspension of Trading

 

Hong Kong, Nov. 09, 2026 (GLOBE NEWSWIRE) -- Charming Medical Limited (Nasdaq: MCTA) (the “Company”), a Hong Kong-based provider of Traditional Chinese Medicine (TCM)-inspired therapies and products, today announced that, because the Company did not request a hearing by the November 5, 2026 deadline, trading in the Company’s securities on The Nasdaq Stock Market LLC (“Nasdaq”) will be suspended at the opening of business on November 9, 2026.

 

As previously announced on November 5, 2026, the Company received a delisting determination letter, dated October 29, 2026, from the Listing Qualifications Staff of Nasdaq notifying the Company that Nasdaq Staff has determined to delist the Company’s securities from Nasdaq pursuant to Nasdaq Listing Rule IM-5101-4.

 

The U.S. Securities and Exchange Commission (the “SEC”) temporarily suspended trading in the Company’s securities from November 12, 2025 through November 25, 2025 because of potential manipulation in the securities of the Company effectuated through recommendations made to investors by unknown persons via social media to purchase, hold, and/or sell the securities of the Company and to send screenshots documenting their transaction, which appear to be designed to artificially inflate the price and trading volume of the securities of the Company (the SEC’s order can be found at https://www.sec.gov/files/litigation/suspensions/2025/34-104176-ts.pdf). On November 26, 2025, Nasdaq halted trading in the Company’s securities, and the halt has remained in effect since then.

 

Nasdaq Listing Rule 5101 provides Nasdaq with “broad discretionary authority over the initial and continued listing of securities in Nasdaq in order to maintain the quality of and public confidence in its market, to prevent fraudulent and manipulative acts and practices, to promote just and equitable principles of trade, and to protect investors and the public interest.” Listing Rule IM-5101-4 further expands on this authority, allowing Nasdaq “to exercise discretion to delist a company from Nasdaq based on the potential for one or more third parties to engage in misconduct impacting a company’s securities where the SEC has implemented a temporary trading suspension.”

 

Nasdaq will subsequently file a Form 25-NSE with the SEC, which will remove the Company’s securities from listing and registration on The Nasdaq Stock Market. The Company will make further announcements as and when appropriate.

 

To date, Nasdaq has not communicated any findings or determination that the Company engaged in wrongdoing in connection with the recent trading activity in the Company’s securities or otherwise. The delisting determination does not have any immediate effect on the Company’s ongoing business operations or financial condition, and the Company will continue to conduct its business in the ordinary course.

 

Following the suspension of trading on Nasdaq, the Company’s securities may be eligible for quotation in the over-the-counter (OTC) market. However, there can be no assurance that any broker-dealer will make a market in or quote the Company’s securities or that an active or sustained secondary trading market will develop for the Company’s securities. Trading in the over-the-counter market may be subject to limited availability of information, reduced liquidity and greater volatility.

 

About Charming Medical Limited

 

Charming Medical Limited (the “Company”) is a Hong Kong-based provider of Traditional Chinese Medicine (TCM)-inspired therapies and products. The Company integrates TCM principles with modern technology to enhance quality of life and promote holistic well-being. Through its four wellness centers in Hong Kong, the Company offers a wide range of services, including womb-warming therapy, pelvic detox therapy, moxibustion, prenatal massage, and traditional abdominal binding, designed to address women’s health issues such as menstrual irregularities, hormonal imbalance, and postpartum recovery. Under its “Beauty Lab” brand, Charming Medical Limited also develops and distributes TCM-inspired supplements and beauty products, such as uterine care patches, probiotic washes, and nourishing herbal formulations, aimed at improving women’s constitution and vitality. In addition, the Company provides technical training, dietary therapy consultancy, and franchise opportunities to extend its wellness philosophy to other practitioners and entrepreneurs. For more information, please visit https://charmingmed.com.

 

 

 

 

Forward-Looking Statement

 

This press release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may,” “will,” “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate,” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and other factors discussed in the “Risk Factors” section of the registration statement and Form 20-F filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

 

Investor Relations Contacts

 

Charming Medical Limited

Investor Relations

Tel: +852-3797-8461

Email: ir@hkbeautylab.com

 

 

 

Filing Exhibits & Attachments

1 document

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