$QETA·8-K

Quetta Acquisition Corp · May 12, 4:15 PM ET

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Quetta Acquisition Corp 8-K

Research Summary

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Updated

Quetta Acquisition Corp Moves to Nasdaq Capital Market; Regains MVLS

What Happened
Quetta Acquisition Corp (filed on May 12, 2026) announced that Nasdaq approved the transfer of its ordinary shares, units and rights from the Nasdaq Global Market to the Nasdaq Capital Market, effective at the open of trading on May 14, 2026. Nasdaq also notified the company on May 12, 2026 that, following the approved transfer, the company had regained compliance with the minimum Market Value of Listed Securities (MVLS) requirement and is in compliance with all applicable continued listing standards. The company had previously received a delisting determination on April 6, 2026 and had timely requested a hearing; Nasdaq subsequently cancelled the scheduled hearing.

Key Details

  • Nasdaq approval to transfer listing effective at market open on May 14, 2026.
  • Company regained compliance with the MVLS requirement as of Nasdaq’s May 12, 2026 notice.
  • Securities will continue to trade under the same symbols: QETA (shares), QETAU (units), QETAR (rights).
  • Nasdaq cancelled the previously scheduled hearing before the Nasdaq Hearings Panel.

Why It Matters
The transfer preserves the company’s Nasdaq listing and continuous trading, avoiding immediate delisting. For investors, this means ongoing liquidity and access to the same tickers while the company remains subject to Nasdaq’s continued listing standards. The change moves Quetta from the Nasdaq Global Market to the Nasdaq Capital Market (a different listing tier), so investors should continue to watch future SEC filings for any further developments.

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