STOCK TITAN

PTNM says operations unchanged amid Nasdaq halt; responded to queries

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

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 October 6–17, 2025 and a separate Nasdaq trading halt on October 18, 2025 pending additional information. Such actions typically restrict liquidity and price discovery until trading resumes.

The company says it has responded to all inquiries, with the most recent on October 10, 2025, and indicates business operations remain normal with no material change in financial position as of this report. Actual market impact depends on when and how trading resumes and any further exchange requests.

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.

 

 

 

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 October 2025

 

Commission File Number: 001-42669

 

PITANIUM LIMITED

(Registrants Name)

30F, Gravity, 29 Hing Yip Street,

Kwun Tong, Kowloon, Hong Kong

(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 ☐

 

 

 

 
 

 

Update on Trading Halt of Securities and Company Response

 

Reference is made to the Report on Form 6-K furnished on October 7, 2025, which disclosed that the U.S. Securities and Exchange Commission ordered a temporary suspension of trading in the securities of Pitanium Limited (the “Company,” and with its subsidiaries, the “Group”) for the period from 4:00 a.m. ET on October 6, 2025, through 11:59 p.m. ET on October 17, 2025. On October 18, 2025, the Nasdaq Stock Market (“Nasdaq”) announced that trading was halted in the Company for additional information requested from the Company.

 

As of the date of this report, the Company has responded to all inquiries it has received from, or has been made aware of by, Nasdaq. The Company submitted its most recent response on October 10, 2025, and will continue to cooperate fully with the exchange in connection with any additional requests. The Company remains committed to maintaining transparent communication with its shareholders and the market. The Group’s business operations remain normal, and there has been no material change to the Group’s business operations or financial position as of the date of this report.

 

 
 

 

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: October 31, 2025 PITANIUM LIMITED
     
  By: /s/ Ying Yeung Wong
  Name: Ying Yeung Wong
  Title: Chief Executive Officer and Director

 

 

 

FAQ

What trading actions affected Pitanium (PTNM)?

The SEC ordered a temporary suspension from October 6, 2025 (4:00 a.m. ET) through October 17, 2025 (11:59 p.m. ET), followed by a Nasdaq trading halt on October 18, 2025.

Why did Nasdaq halt trading in PTNM?

Nasdaq halted trading on October 18, 2025 to request additional information from the company.

Has Pitanium responded to Nasdaq’s inquiries?

Yes. The company states it has responded to all inquiries it has received or been made aware of, with its most recent response on October 10, 2025.

Are Pitanium’s operations affected by the trading halt?

The company reports operations remain normal and there has been no material change to its business operations or financial position as of this report.

What is Pitanium’s stated approach during the halt?

Pitanium says it will continue to cooperate fully with Nasdaq and maintain transparent communication with shareholders.
Pitanium Limited

NASDAQ:PTNM

PTNM Rankings

PTNM Latest News

PTNM Latest SEC Filings

PTNM Stock Data

238.16M
3.35M