TechCreate Group Ltd. reported unaudited results for the six months ended June 30, 2026, with revenue of S$879,823, down 54.6% from S$1,936,539 a year earlier. Gross profit was S$300,996 and gross profit margin was 34.2%, compared with 54.0%. Operating expenses rose to S$2,551,539 from S$990,870, and net loss was S$2,197,749 versus S$20,146. The company attributed lower revenue to completed customer projects, expired software contracts and lower QR soundbox terminal sales; higher expenses mainly reflected professional fees and sales-team costs.
Net cash used in operating activities was S$844,320, compared with S$477,804 generated in the prior-year period. Cash and cash equivalents were S$6,542,110 as of June 30, 2026, versus S$7,370,340 as of December 31, 2025. TechCreate’s Class A ordinary shares remained suspended from trading on NYSE American and were quoted over the counter as TCGLF; the NYSE Committee for Review is scheduled to consider the company’s appeal on October 22, 2026.
TechCreate Group Ltd. (TCGLF) reports that its Class A ordinary shares are subject to NYSE American delisting proceedings that began after a one-day SEC trading suspension in February 2026 related to alleged manipulative trading in its shares. A NYSE American Listing Qualifications Panel affirmed the decision to commence delisting, and TechCreate has requested review by the NYSE American Committee for Review. The company states that neither NYSE American nor any regulator has found that it engaged in wrongdoing or charged the company or its insiders in connection with the trading. While the outcome is uncertain and rests with the exchange, TechCreate notes that its business operations and financial position have not been affected, and its shares are currently quoted on the OTC market under the symbol TCGLF.
TechCreate Group Ltd. (TCGLF) reports that a NYSE American LLC Listing Qualifications Panel has, in a written decision dated August 20, 2026, affirmed the decision to commence delisting proceedings against the company’s Class A ordinary shares. Under NYSE American procedures, TechCreate may request review of the Panel’s decision by the NYSE Committee for Review on or before September 4, 2026, and the company states it intends to do so and continue its appeal. These proceedings follow a one-day trading suspension ordered by the U.S. Securities and Exchange Commission effective February 2, 2026, and a June 12, 2026 notice from NYSE American staff determining to commence delisting proceedings. Trading of the Class A shares on NYSE American remains suspended, and the shares are currently quoted over-the-counter under the symbol TCGLF. TechCreate states that the delisting proceedings do not affect its operations, customer relationships, or financial position, and notes there can be no assurance that the Committee will reverse the Panel’s decision.