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Nasdaq notifies company of non-compliance with the $2.5M stockholders' equity requirement

CJMBCallan Jmb Inc.

The Nasdaq Stock Market notified Callan JMB Inc. that it failed to meet the extension deadline for regaining compliance with Listing Rule 5550(b)(1), which requires a minimum of $2,500,000 in stockholders’ equity. Consequently, trading is scheduled to be suspended on October 21, 2026, and delisting proceedings initiated unless an appeal succeeds. The company requested a hearing before the Nasdaq Hearings Panel on October 14, 2026, which stays the suspension pending the panel's decision. Callan JMB Inc. operates in the technology sector.

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