Quartzsea Acquisition Corp Receives Nasdaq Delisting Notice Over $75K Fee

What Happened Quartzsea Acquisition Corp announced it received a delisting notice from Nasdaq on August 19, 2026, after Nasdaq determined the company had not paid required fees under Nasdaq Listing Rule 5250(f). Nasdaq stated trading would be suspended at the open on August 28, 2026 and that it would file a Form 25‑NSE to remove the securities from Nasdaq unless the company timely appealed. Quartzsea paid the $75,000 past‑due fee in full on August 25, 2026 and has asked Nasdaq to confirm the payment, cure the deficiency and withdraw the delisting determination; as of the filing date, Nasdaq has not provided written confirmation. The company does not currently intend to request a hearing before a Nasdaq Hearings Panel.

Key Details

• Nasdaq notice dated August 19, 2026, cited nonpayment under Listing Rule 5250(f) (fees per Rule 5900 Series).
• Past‑due amount: $75,000; payment made by Quartzsea on August 25, 2026.
• Nasdaq indicated trading suspension at the open on August 28, 2026 and that it would file Form 25‑NSE to delist unless appealed; company had until 4:00 p.m. ET on August 26, 2026 to request a hearing to stay the action.
• As of this 8‑K filing, Nasdaq had not confirmed in writing that the delisting determination was withdrawn.

Why It Matters A Nasdaq suspension and Form 25‑NSE delisting would halt trading and remove Quartzsea’s ordinary shares from Nasdaq, which can reduce liquidity and affect investors’ ability to buy or sell shares. The company’s payment of the $75,000 fee may cure the deficiency, but because Nasdaq has not yet confirmed withdrawal of the delisting notice, uncertainty remains until Nasdaq provides written confirmation or takes further action. Investors should monitor Nasdaq filings and company updates for confirmation that the delisting determination has been lifted or for any trading suspension.