Recent Updates — GTERR

On October 16, 2026, Nasdaq notified Globa Terra Acquisition Corporation that it failed to complete a business combination within the required timeframe and has initiated delisting procedures. The company did not extend its deadline by depositing funds into its trust account but is seeking an extension until July 9, 2027. Globa Terra intends to appeal the decision by requesting a hearing before a Nasdaq Hearing Panel by October 23, 2026; if successful, trading would continue pending the panel's ruling. Failure to appeal by the deadline would result in suspension of trading on October 27, 2026, and removal from listing. Globa Terra Acquisition Corporation operates as a special purpose acquisition company (SPAC) focused on identifying and merging with private businesses.