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BNB Plus was delisted from Nasdaq because its stock price fell below $1 and will move to the OTCQB market
Svmuu News: BNB Treasury’s subsidiary, BNB Plus, announced that it has received a delisting decision from the Nasdaq hearing panel due to the company’s failure to meet the minimum $1 buy price requirement under the Nasdaq Capital Markets Continuous Listing Rules. The company currently plans to file a review application with the Nasdaq Listing Qualifications and Hearing Review Committee.This request for review will not automatically suspend the delisting process,and trading of the shares is expected to be suspended at the opening of trading on July 14, 2026, on Nasdaq. Subsequently, the shares will be listed on the OTCQB Venture Market, operated by the U.S. Over-the-Counter Market Group, under the same ticker symbol, BNBX, with trading expected to commence at the opening of trading on July 14 or as soon as possible thereafter.
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