Nasdaq suspends Bitcoin Depot trading May 26 after Chapter 11 filing

PUBT
2026.05.19 20:02
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Bitcoin Depot's trading on Nasdaq will be suspended on May 26, 2026, following its Chapter 11 bankruptcy filing. The suspension is due to non-compliance with Nasdaq Listing Rule 5250(c) after failing to file its Form 10-Q on time. Nasdaq will file a Form 25-NSE with the SEC, leading to delisting and deregistration 10 days later. The company will not appeal this decision.