Nasdaq Initiates Delisting Procedures for Cayson Acquisition
Nasdaq said Cayson Acquisition had not met the 400-holder requirement for its ordinary shares. The company appealed by the November 5 deadline.
On October 29, 2026, Nasdaq notified Cayson Acquisition that it had not demonstrated compliance with Listing Rule 5450(a)(2), which requires at least 400 total holders of its ordinary shares, and initiated delisting procedures. The company appealed by the November 5 deadline and says it expects to…