Fast Track Group received a Nasdaq Staff Determination letter on August 11, 2026, notifying the company of its intent to delist securities from the Nasdaq Capital Market due to failure to maintain the $1.00 minimum bid price requirement under Listing Rule 5550(a)(2). The company exhausted both initial and additional 180-day compliance periods, failing to regain compliance by August 10, 2026. Consequently, trading of ordinary shares is suspended at the opening on August 18, 2026, with securities expected to trade on OTC Markets under ticker FTRKF. The company intends to appeal the determination to a Nasdaq Hearings Panel and expects to hold an extraordinary general meeting on August 17, 2026, to vote on ordinary share consolidation. Fast Track Group operates in the technology sector.
