PTNM details Nasdaq trading halt and confirms normal operations
Rhea-AI Filing Summary
Pitanium Limited (PTNM) reports an update on the halt in trading of its shares on Nasdaq. Nasdaq originally halted trading on October 18, 2025, while it reviewed additional information it requested from the company. On November 7, 2025, Nasdaq requested further information and documents, and Pitanium responded in writing with supporting materials on November 13, 2025. The company states it is fully cooperating with Nasdaq, the U.S. Securities and Exchange Commission, and other regulators, and that the Group’s business operations remain normal and uninterrupted as of the date of this report.
Positive
- None.
Negative
- Nasdaq trading halt and additional information requests: Trading in Pitanium’s shares on Nasdaq has been halted since October 18, 2025, and Nasdaq issued a further information request on November 7, 2025, introducing ongoing listing and liquidity uncertainty.
Insights
Nasdaq trading halt continues as Pitanium answers further information requests.
Pitanium Limited discloses that trading in its shares on Nasdaq remains halted after an initial pause on October 18, 2025, while the exchange reviews company information. Nasdaq sent an additional information request on November 7, 2025, and the company submitted a written response with supporting documents on November 13, 2025.
The situation centers on regulatory information review rather than any disclosed financial metric or transaction. The company emphasizes full cooperation with Nasdaq, the U.S. Securities and Exchange Commission, and other authorities, which signals an ongoing formal process but does not specify potential outcomes or timing.
Pitanium also states that the Group’s business operations remain normal and uninterrupted as of the report date. The key uncertainty for shareholders is how and when Nasdaq will resolve the information review and trading status, which will be reflected in future company and exchange communications.