STOCK TITAN

Premium Catering faces Nasdaq delisting, plans appeal

A timely hearing request triggers an automatic stay of the suspension and Form 25-NSE filing, but the existing trading halt remains unless Nasdaq lifts it.

(Neutral)

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Form Type
6-K

Rhea-AI Filing Summary

Premium Catering (Holdings) Ltd (PC) said Nasdaq issued a Staff Delisting Determination on September 22, 2026, stating that it had determined to delist PC’s Class A ordinary shares under its discretionary authority.

PC intends to appeal by requesting an oral hearing before the Nasdaq Hearings Panel no later than September 29, 2026. A timely request will stay the suspension and the filing of Form 25-NSE pending the Panel’s decision, but the current trading halt will remain in effect unless Nasdaq lifts it. PC said the determination has no immediate effect on its operations or financial condition and that it will continue business in the ordinary course.

Positive

  • None.

Negative

  • Nasdaq’s September 22, 2026 determination calls for delisting PC’s Class A shares.

Filing Explained

Nasdaq’s delisting determination remains subject to the company’s planned appeal, and the trading halt remains in place; Nasdaq cited potential third-party manipulation and liquidity concerns, while the company says Nasdaq has not communicated a finding of related wrongdoing by the company or its officers or directors.

Delisting determination September 22, 2026 Date Nasdaq issued a Staff Delisting Determination for PC’s Class A ordinary shares
Hearing request deadline September 29, 2026 Latest date PC intends to request an oral hearing
SEC trading suspension October 17 through October 30, 2025 Period the SEC temporarily suspended trading in PC’s securities
Nasdaq trading halt October 31, 2025 Effective date of the trading halt in PC’s Class A ordinary shares
Staff Delisting Determination regulatory
"received a Staff Delisting Determination"
A staff delisting determination is a formal finding by exchange or regulatory staff that a listed security no longer meets the rules required to stay listed, similar to an official notice that a rental property no longer qualifies for occupancy. It matters to investors because it often precedes removal from the exchange, which can sharply reduce a stock’s visibility, trading liquidity and value, and may trigger urgent choices like selling, appealing the decision or seeking alternative markets.
automatic stay regulatory
"will result in an automatic stay of the suspension"
An automatic stay is a legal pause that temporarily stops creditors from pursuing collection activities or taking legal action against a person or business that has filed for bankruptcy. It acts like an immediate "time-out" signal, giving the debtor a chance to reorganize finances or decide how to handle debts without constant pressure from lenders. For investors, it provides a crucial period of stability and protection during financial restructuring.
Form 25-NSE regulatory
"the filing of a Form 25-NSE"
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.
Nasdaq Hearings Panel regulatory
"before the Nasdaq Hearings Panel"
A Nasdaq hearings panel is a group of experts that reviews cases when a company's stock listing is at risk of being removed from the exchange. They evaluate whether the company has met certain standards and determine if it can keep trading on Nasdaq. This process matters to investors because it can affect a company's ability to raise money and maintain credibility in the market.

FAQ

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

What is PC’s Nasdaq delisting status?

Nasdaq issued a Staff Delisting Determination on September 22, 2026, stating it had determined to delist PC’s Class A ordinary shares. PC intends to appeal by requesting an oral hearing before the Nasdaq Hearings Panel no later than September 29, 2026.

What will PC present at the Nasdaq hearing?

PC said it will submit a written submission specifying the grounds for review, including all legal arguments it intends to rely on. It will ask the Panel to reverse the Staff Determination and permit its Class A ordinary shares to remain listed on Nasdaq.

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

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Learn about SEC filing dates

 

 

 

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 September 2026

 

Commission File Number: 001-42281

 

Premium Catering (Holdings) Limited

(Registrant’s Name)

 

6 Woodlands Walk,

Singapore 738398

(Address of Principal Executive Offices)

 

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

 

 

 

 
 

 

Notice of Delisting Determination

 

On September 22, 2026, Premium Catering (Holdings) Limited (the “Company”) received a Staff Delisting Determination from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”), stating that Nasdaq has determined to delist the Company’s Class A ordinary shares pursuant to Nasdaq’s discretionary authority under Nasdaq Listing Rule IM-5101-4.

 

On September 28, 2026, the Company issued a press release announcing its receipt of the Staff Delisting Determination and its intention to appeal the determination by requesting an oral hearing before the Nasdaq Hearings Panel pursuant to Nasdaq Listing Rule 5815. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

 

Exhibit Index

 

Exhibit 99.1— Press Release dated September 28, 2026

 

 
 

 

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: September 28, 2026Premium Catering (Holdings) Limited
   
  By: /s/ Ben Ka Hei Wong
  Name: Ben Ka Hei Wong
  Title: Chief Financial Officer

 

 

 

EXHIBIT 99.1

 

Premium Catering (Holdings) Limited Announces Receipt of Nasdaq Delisting Determination and Intention to Request Hearing

 

SINGAPORE – September 28, 2026 (GLOBE NEWSWIRE) – Premium Catering (Holdings) Limited (Nasdaq: PC) (the “Company”), a certified Halal food caterer based in Singapore, today announced that on September 22, 2026, it received a Staff Delisting Determination (the “Staff Determination”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”), stating that Nasdaq has determined to delist the Company’s Class A ordinary shares (the “Class A Ordinary Shares”) from The Nasdaq Stock Market.

 

The Staff Determination was issued pursuant to Nasdaq’s discretionary authority under Nasdaq Listing Rule IM-5101-4, which allows 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.” As previously disclosed, the U.S. Securities and Exchange Commission temporarily suspended trading in the Company’s securities from October 17, 2025 through October 30, 2025, and Nasdaq halted trading in the Class A Ordinary Shares effective October 31, 2025 pursuant to Nasdaq Rule 4120(a)(5). Nasdaq stated that the ability for third parties to manipulate a security’s price indicates that the security does not have sufficient liquidity to promote fair and orderly markets and that, therefore, delisting is consistent with the protection of investors and the public interest.

 

The Company intends to appeal the Staff Determination by filing a request for an oral hearing before the Nasdaq Hearings Panel (the “Panel”) pursuant to Nasdaq Listing Rule 5815 no later than September 29, 2026. A timely hearing request will result in an automatic stay of the suspension of the Company’s securities and the filing of a Form 25-NSE, pending the issuance of a decision by the Panel. The current trading halt under Rule 4120(a)(5) will, however, remain in effect notwithstanding the appeal, unless and until Nasdaq lifts the halt.

 

Per Listing Rule 5815(a)(5), the Company will submit to the Panel a written submission stating with specificity the grounds on which it is seeking review of the Staff Determination, which will include all legal arguments on which the Company intends to rely. The Company will request that the Panel reverse the Staff Determination and permit the Class A Ordinary Shares to remain listed on The Nasdaq Stock Market. There can be no assurance that the Panel will reverse the Staff Determination or that the Company’s securities will remain listed on Nasdaq.

 

To date, Nasdaq has not communicated any finding or determination that the Company or any of its officers or directors engaged in any wrongdoing in connection with the trading activity in the Company’s securities. The Staff 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.

 

About Premium Catering (Holdings) Limited

 

Premium Catering (Holdings) Limited is a certified Halal food caterer specializing in Indian, Bangladeshi and Chinese cuisine, with over 11 years of experience in the catering services industry in Singapore. The Group primarily supplies budget prepared meals to foreign workers in Singapore, operates food stalls, and provides buffet catering services for private functions as well as ancillary delivery services. The Group also deploys “smart incubators” — custom-made compartmentalized, heated and insulated food vending lockers — through which prepared meals are delivered to customers in a secured, hygienic, contactless manner.

 

Forward-Looking Statements

 

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 actual results to differ materially from the Company’s expectations, including, without limitation, the risks that the Company’s hearing request may not be accepted or may not be successful, that the Nasdaq Hearings Panel may affirm the Staff Determination, that the trading halt in the Company’s securities may not be lifted, and those risk factors discussed in the Company’s filings with the SEC, which are available at www.sec.gov. Investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

 

For more information, please contact:

 

Ben Ka Hei Wong, Chief Financial Officer

 

Premium Catering (Holdings) Limited

 

Email: ben.wong@premium-catering.com.sg

 

 

 

Filing Exhibits & Attachments

1 document

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