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News 2026-10-16 20:12 UTC

Callan JMB Appeals Nasdaq Delisting Over Stockholders' Equity Shortfall

Callan JMB appealed Nasdaq's delisting determination on October 14, 2026, requesting a hearing before a Nasdaq Hearings Panel. Nasdaq issued its determination on October 12, 2026, following the company's failure to meet its October 5, 2026, compliance deadline. Nasdaq Listing Rule 5550(b)(1) requires at least $2.5 mill