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Reitar Logtech faces Nasdaq delisting, trading halt

Nasdaq plans to suspend trading and delist Reitar Logtech Holdings (RITR) after a prolonged sub-$0.10 share price, while the company pursues an appeal with uncertain outcome.

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Reitar Logtech Holdings Ltd (RITR) reports that Nasdaq has issued a Staff Delisting Determination Letter after the company’s closing bid price stayed at $0.10 or below for 10 consecutive trading days from August 25 to September 9, 2026. Nasdaq has determined to delist Reitar’s securities from the Nasdaq Capital Market, and trading is scheduled to be suspended at the opening of business on September 17, 2026.

Reitar has submitted a hearing request to the Nasdaq Hearings Department under Nasdaq Listing Rule 5815, which must be received by 4:00 p.m. Eastern Time on September 17, 2026, but this will not stay the trading suspension. The company states there can be no assurance that its appeal will succeed or that it will regain compliance with the applicable Nasdaq Listing Rules.

Positive

  • None.

Negative

  • Nasdaq has issued a Staff Delisting Determination for Reitar’s securities after the bid price stayed at $0.10 or below for 10 days, with trading to be suspended on September 17, 2026, creating a risk of loss of listing and reduced market liquidity.
Bid-price threshold trigger $0.10 closing bid price Remained at or below this level for the measurement period
Consecutive trading days below threshold 10 trading days From August 25, 2026 to September 9, 2026, triggering delisting determination
Trading suspension date September 17, 2026 Date when trading in Reitar’s securities is scheduled to be suspended
Hearing request deadline 4:00 p.m. Eastern Time, September 17, 2026 Latest time by which Nasdaq Hearings Department must receive Reitar’s appeal request
Commission File Number 001-42210 SEC registration reference for Reitar Logtech Holdings Ltd
Staff Delisting Determination Letter regulatory
"it received a Staff Delisting Determination Letter from the Listing Qualifications"
Form 25-NSE regulatory
"Nasdaq will file a Form 25-NSE with the U.S. Securities and Exchange"
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 Listing Rule 5815 regulatory
"Unless the Company timely requests a hearing pursuant to Nasdaq Listing Rule 5815"
Nasdaq Listing Rule 5830 regulatory
"registration on The Nasdaq Stock Market in accordance with Nasdaq Listing Rule 5830"
forward-looking statements financial
"This Form 6-K includes “forward-looking statements” within the meaning"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
Nasdaq Capital Market market
"had determined to delist the Company’s securities from The Nasdaq Capital Market"
The Nasdaq Capital Market is a platform where smaller, emerging companies can list their shares for trading by investors. It provides these companies with access to funding and visibility, helping them grow, much like a local marketplace where new vendors can introduce their products to potential customers. For investors, it offers opportunities to discover early-stage companies with growth potential.

FAQ

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

Why is Reitar Logtech Holdings (RITR) facing a Nasdaq delisting?

Nasdaq notified Reitar that its securities are subject to delisting because the closing bid price remained at $0.10 or below for 10 consecutive trading days from August 25 to September 9, 2026, violating the applicable Nasdaq listing standards.

When will trading of RITR shares be suspended on Nasdaq?

Trading in Reitar’s securities is scheduled to be suspended at the opening of business on September 17, 2026, following Nasdaq’s Staff Delisting Determination based on the company’s prolonged low bid price.

Has Reitar Logtech Holdings (RITR) appealed the Nasdaq delisting decision?

Yes. Reitar has submitted a hearing request to the Nasdaq Hearings Department under Nasdaq Listing Rule 5815. The hearing request must be received by 4:00 p.m. Eastern Time on September 17, 2026, but it will not stay the trading suspension.

What could happen next to RITR shares if the appeal is unsuccessful?

If Reitar’s appeal is not successful, Nasdaq may file a Form 25-NSE with the SEC to remove the company’s securities from listing and registration on The Nasdaq Stock Market in accordance with Nasdaq Listing Rule 5830.

Does Reitar Logtech Holdings (RITR) guarantee it will regain Nasdaq compliance?

No. Reitar explicitly states there can be no assurance it will prevail in any appeal, that Nasdaq will grant more time, or that it will be able to regain compliance with the applicable Nasdaq Listing Rules.

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 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: 001-42210

 

 

 

Reitar Logtech Holdings Limited

(Translation of registrant’s name into English)

 

 

 

c/o Unit 801, 8th Floor, Tower 2, The Quayside, 77 Hoi Bun Road

 

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 Form 20-F or Form 40-F.

 

Form 20-F          Form 40-F

 

 

 

 

 

 

INFORMATION CONTAINED IN THIS REPORT ON FORM 6-K

 

On September 10, 2026, Reitar Logtech Holdings Limited (the “Company” or “Reitar”) received a Staff Delisting Determination Letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, because the closing bid price of its securities had remained at $0.10 or below for 10 consecutive trading days from August 25, 2026 to September 9, 2026, Nasdaq had determined to delist the Company’s securities from The Nasdaq Capital Market (the “Delisting Determination”).

 

Trading in the Company’s securities will be suspended at the opening of business on September 17, 2026. Unless the Company timely requests a hearing pursuant to Nasdaq Listing Rule 5815, Nasdaq will file a Form 25-NSE with the U.S. Securities and Exchange Commission to remove the Company’s securities from listing and registration on The Nasdaq Stock Market in accordance with Nasdaq Listing Rule 5830.

 

The Company has submitted a hearing request form to the Nasdaq Hearings Department to appeal the delisting determination. The hearing request must be received by the Nasdaq Hearings Department no later than 4:00 p.m. Eastern Time on September 17, 2026. A timely request will not stay the trading suspension of the Company’s securities. There can be no assurance that the Company’s request will be successful.

 

This Form 6-K includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. The Company’s actual results may differ from its expectations, estimates and projections, and consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believe,” “hope,” “predict,” “potential,” “continue,” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, Reitar’s expectations with respect to the appeal of the Delisting Determination, the timing and outcome of any hearing before the Nasdaq Hearings Panel, any further review by the Nasdaq Listing and Hearing Review Council, if applicable, and Reitar’s ability to regain compliance with the applicable Nasdaq Listing Rules within any period that may be granted by Nasdaq. These forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from the expected results. Most of these factors are outside Reitar’s control and are difficult to predict. Factors that may cause such differences include, but are not limited to, risks related to the appeal process, the outcome of any hearing or further review by Nasdaq, Reitar’s ability to regain compliance with the applicable Nasdaq Listing Rules, and the timing of any suspension in trading of Reitar’s Class A ordinary shares or the filing of a Form 25-NSE by Nasdaq, as well as the risks and uncertainties set forth under “Risk Factors” in Reitar’s filings with the SEC. Reitar cautions that the foregoing list of factors is not exclusive. There can be no assurance that Reitar will prevail in any appeal, that Nasdaq will grant any additional period to regain compliance, or that Reitar will be able to regain compliance with the applicable Nasdaq Listing Rules. Reitar cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Reitar does not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable law.

 

On September 16, 2026, the Company issued a press release regarding the Delisting Determination. A copy of the press release is attached to this Form 6-K as Exhibit 99.1.

 

INCORPORATION BY REFERENCE

 

This Report on Form 6-K, including all exhibits hereto, is incorporated by reference into the registration statements on Form F-3, as amended (File No. 333-291836), of the Company and shall be deemed a part thereof from the date on which this Report on Form 6-K is furnished, to the extent not superseded by subsequently filed or furnished documents or reports.

 

1

 

EXHIBIT INDEX

 

Exhibit No.   Description
99.1   Reitar Announces Nasdaq Delisting Determination

 

2

 

SIGNATURE

 

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.

 

  Reitar Logtech Holdings Limited
   
  By: /s/ Kin Chung Chan
  Name:  Kin Chung Chan
  Title: Director, Chairman and Chief Executive Officer
     
Date: September 16, 2026    

 

3

Exhibit 99.1

 

Reitar Announces Nasdaq Delisting Determination

 

HONG KONG, September 16, 2026 — Reitar Logtech Holdings Limited (Nasdaq: RITR, “Reitar” or the “Company”) today announced that, on September 10, 2026, it received a Staff Delisting Determination Letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”), notifying the Company that, because the closing bid price of its securities had remained at $0.10 or below for 10 consecutive trading days from August 25, 2026 to September 9, 2026, Nasdaq had determined to delist the Company’s securities from The Nasdaq Capital Market.

 

Trading in the Company’s securities will be suspended at the opening of business on September 17, 2026. Unless the Company timely requests a hearing pursuant to Nasdaq Listing Rule 5815, Nasdaq would file a Form 25-NSE with the U.S. Securities and Exchange Commission to remove the securities from listing and registration on The Nasdaq Stock Market in accordance with Nasdaq Listing Rule 5830.

 

The Company has submitted a hearing request form to the Nasdaq Hearings Department to appeal the delisting determination. The hearing request must be received by the Nasdaq Hearings Department no later than 4:00 p.m. Eastern Time on September 17, 2026. A timely hearing will not stay the trading suspension of the securities. There can be no assurance that the Company’s hearing will be successful.

 

Safe Harbor Statement

 

This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as “may,” “will,” “expect,” “anticipate,” “target,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. All information provided in this press release is as of the date of this press release, and the Company undertakes no duty to update such information, except as required under applicable law.

 

About Reitar Logtech Holdings Limited (Nasdaq: RITR)

 

Reitar Logtech Holdings Limited (Nasdaq: RITR) listed on Nasdaq in 2024, becoming a comprehensive solution provider in Asia centered on “Property-Logistics Technology” (PLT). The Company focuses on the full lifecycle management of logistics assets and technology-driven value creation, with an integrated platform encompassing investment development, operational management and intelligent upgrades. Reitar integrates intelligent warehousing systems, IoT devices and data analytics platforms to enhance operational efficiency and economic benefits for clients’ logistics assets, and to support more efficient allocation of resources across the logistics industry chain.

 

Contact:

 

Investor Relations

Reitar Logtech Holdings Limited

Unit 801, 8/F, Tower 2, The Quayside

77 Hoi Bun Road, Kwun Tong

Kowloon, Hong Kong

 

Filing Exhibits & Attachments

1 document

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