Quetta Acquisition Corp 8-K

What Happened
Quetta Acquisition Corp (QETA) filed an 8-K on May 1, 2026 reporting that on April 30, 2026 it received written notice from Nasdaq’s Listing Qualifications Department stating the company does not meet the minimum Market Value of Publicly Held Shares (MVPHS) requirement under Nasdaq Listing Rule 5450(b)(2)(C). The determination was based on the Company’s MVPHS over the 30 consecutive business day period from March 18, 2026 through April 29, 2026.

Key Details

• Nasdaq Rule cited: Listing Rule 5450(b)(2)(C) — minimum MVPHS required: $15,000,000.
• Period reviewed: March 18, 2026 through April 29, 2026 (30 consecutive business days).
• Compliance relief: Company granted a 180-calendar-day cure period under Rule 5810(c)(3)(D), until October 27, 2026, to regain MVPHS compliance.
• Regaining compliance: If MVPHS ≥ $15,000,000 for at least 10 consecutive business days during the cure period, Nasdaq may confirm compliance; the notice does not affect current listing or trading.

Why It Matters
This notice signals a risk that QETA could face Nasdaq delisting if it cannot restore the required public market value of its shares within the cure period. Trading of the company’s securities continues for now, but failure to regain compliance by October 27, 2026 could lead to additional Nasdaq actions, which can reduce liquidity and affect investor value. The company says it will monitor MVPHS and consider options to regain compliance, but there is no assurance it will succeed.