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Premium Catering received a Staff Delisting Determination from Nasdaq on September 22, 2026, citing discretionary…
PCPremium Catering (Holdings) Ltd
Premium Catering received a Staff Delisting Determination from Nasdaq on September 22, 2026, citing discretionary authority under Listing Rule IM-5101-4 due to potential third-party misconduct and insufficient liquidity following an SEC trading suspension. The company announced its intention to appeal by requesting an oral hearing before the Nasdaq Hearings Panel no later than September 29, 2026. While a timely appeal stays the delisting pending a decision, the current trading halt under Rule 4120(a)(5) remains in effect. This event introduces significant regulatory and liquidity risks to the company's public listing status.