PTNM says operations unchanged amid Nasdaq halt; responded to queries
Rhea-AI Filing Summary
Pitanium Limited (PTNM) provided an update on its trading status. The U.S. SEC ordered a temporary suspension of trading in the company’s securities from 4:00 a.m. ET on October 6, 2025 through 11:59 p.m. ET on October 17, 2025. On October 18, 2025, Nasdaq announced a trading halt to obtain additional information from the company.
Pitanium stated it has responded to all inquiries it has received or been made aware of by Nasdaq, with its most recent response submitted on October 10, 2025, and it will continue to cooperate fully. The company reported that the Group’s business operations remain normal and there has been no material change to its business operations or financial position as of the date of this report.
Positive
- None.
Negative
- SEC-ordered trading suspension from October 6–17, 2025 and subsequent Nasdaq trading halt on October 18, 2025, limiting liquidity and price discovery
Insights
Trading suspension and Nasdaq halt persist; operations unchanged.
Pitanium reports two distinct market actions: an SEC-ordered trading suspension from
The company says it has responded to all inquiries, with the most recent on
Investors may focus on future disclosures that clarify the status of the Nasdaq halt or confirm resumption of trading, as these events determine access to the market and potential volatility upon reopening.