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Magnitude International Ltd received an additional Nasdaq staff determination on September 16, 2026, notifying the…
MAGHMagnitude International Ltd
Magnitude International Ltd received an additional Nasdaq staff determination on September 16, 2026, notifying the company of non-compliance with Listing Rule 5250(c)(1) due to a late Form 20-F filing for the fiscal year ended April 30, 2026. This delay was attributed to its independent auditor's internal administrative procedures. The company filed the report on September 17, 2026, and Nasdaq confirmed regained compliance on that same date, closing this specific deficiency matter. However, a separate prior determination from August 3, 2026, regarding potential third-party misconduct under Rule IM-5101-4 remains active and constitutes an additional basis for potential delisting. Magnitude International Ltd is a mechanical and electrical engineering service provider specializing in electrical works in Singapore.