Nasdaq to Delist Smart Digital Group Securities
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
0mins
Source: Newsfilter
- Delisting Notice: Nasdaq has informed Smart Digital Group that its securities will be delisted on June 24 unless the company appeals to a Listing Qualifications Hearings Panel, which could severely impact the company's market reputation and fundraising capabilities.
- Trading Suspension: Trading of Smart Digital's ordinary shares has been halted since October 11, 2025, due to a temporary suspension by the U.S. Securities and Exchange Commission, preventing investors from trading and increasing market uncertainty.
- Regulatory Basis: Nasdaq's decision to delist under IM-5101-4 reflects serious concerns regarding the company's compliance and financial health, potentially affecting its future financing and business development.
- OTC Market Outlook: Following delisting, Smart Digital's securities may be eligible for trading in the over-the-counter market, which, while providing an opportunity for continued trading, may also lead to reduced liquidity and decreased investor confidence.
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Analyst Views on NDAQ
Wall Street analysts forecast NDAQ stock price to rise
10 Analyst Rating
9 Buy
1 Hold
0 Sell
Strong Buy
Current: 89.290
Low
101.00
Averages
111.50
High
123.00
Current: 89.290
Low
101.00
Averages
111.50
High
123.00
About NDAQ
Nasdaq, Inc. is a global technology company serving corporate clients, investment managers, banks, brokers, and exchange operators as they navigate and interact with the global capital markets and the broader financial system. The Company manages, operates and provides its products and services in three business segments: Capital Access Platforms, Financial Technology and Market Services. Its Capital Access Platforms segment comprises Data & Listing Services, Index and Workflow & Insights. The Financial Technology segment comprises Financial Crime Management Technology, Regulatory Technology and Capital Markets Technology businesses. Its Market Services segment includes its equity derivative trading and clearing, cash equity trading, fixed income, currency and commodities trading. It operates over 19 exchanges across several asset classes, including derivatives, commodities, cash equity, debt, structured products and exchange-traded products (ETPs).
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Delisting Notice: Nasdaq has informed Smart Digital Group that its securities will be delisted on June 24 unless the company appeals to a Listing Qualifications Hearings Panel, which could severely impact the company's market reputation and fundraising capabilities.
- Trading Suspension: Trading of Smart Digital's ordinary shares has been halted since October 11, 2025, due to a temporary suspension by the U.S. Securities and Exchange Commission, preventing investors from trading and increasing market uncertainty.
- Regulatory Basis: Nasdaq's decision to delist under IM-5101-4 reflects serious concerns regarding the company's compliance and financial health, potentially affecting its future financing and business development.
- OTC Market Outlook: Following delisting, Smart Digital's securities may be eligible for trading in the over-the-counter market, which, while providing an opportunity for continued trading, may also lead to reduced liquidity and decreased investor confidence.
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