HALT RECORD
SDM Trading Halt
Smart Digital Group Limited
Documented events
Timeline
SDM is listed by the board as nasdaq delisted · no trading venue confirmed.- SEC order ↗SEC trading suspension
The SEC ordered a temporary suspension from September 29 through October 10, citing potential market manipulation.
- SEC 6-K ↗Company update
Smart Digital denied price manipulation, said Nasdaq requested information on September 30, and committed to cooperate.
- Nasdaq notice ↗Nasdaq continuing halt
After the SEC suspension expired, Nasdaq said SDM would remain halted while it requested additional information.
- SEC 20-F ↗Company annual report
Smart Digital said the prolonged halt could damage its business and that there was no guarantee when or whether trading would resume.
- Nasdaq notice ↗Nasdaq delisting determination
Nasdaq said SDM would be delisted unless the company appealed; the shares would remain halted while an appeal was pending.
- SEC 6-K ↗Company delisting disclosure
Smart Digital disclosed Nasdaq's June 17 delisting determination: absent an appeal, its securities would be suspended at the open on June 26; a timely appeal would stay that suspension while the existing trading halt remained in effect.
- Nasdaq announcement ↗Nasdaq delisting announcement
Nasdaq announced that it would delist SDM's ordinary shares.
- SEC Form 25 ↗Nasdaq Form 25
Nasdaq filed Form 25 to remove SDM from listing and registration.