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filed an 8-K on October 9, 2026, stating it has no information regarding the duration of the temporary stay on Nasdaq's new listing compliance rule or whether the rule will be reinstated in its current form.
The filing highlights the regulatory uncertainty surrounding the $5,000,000 Market Value of Listed Securities (MVLS) requirement that currently affects approximately 180 Nasdaq-listed companies, including Artelo.
The Securities and Exchange Commission approved Nasdaq's new rule on July 22, 2026. This rule mandates that listed companies maintain an MVLS of at least $5,000,000.
Companies falling below this threshold face potential delisting proceedings unless they can demonstrate a plan to regain compliance within a specified period.
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