Tech Company Faces Delisting Dilemma
USA, New YorkSat Jan 24 2026
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A tech company, Digital Currency X Technology Inc. , is in hot water. They just got a warning from Nasdaq. Their stock price has been too low for a whole month. Normally, they'd have six months to fix this. But they've done stock splits before, so they don't get that extra time.
Now, their stock might get kicked off Nasdaq. Unless they appeal by January 27, 2026, trading will stop on January 29, 2026. They're trying to fix this. They did a stock consolidation. But will it work? No one knows for sure.
This company deals with digital money. They store and protect cryptocurrency for big companies. They have over $1. 4 billion in digital assets. They're trying to be leaders in this field. But this stock problem is a big hurdle.
The company is making big plans. They want to be big in digital money. But first, they need to fix this stock issue. They're hoping to convince Nasdaq to give them more time. If not, things could get tough.
They also warn investors. They say the future is uncertain. Many things could go wrong. The stock market, competition, and rules could all cause problems. They can't promise anything. Investors should be careful.
https://localnews.ai/article/tech-company-faces-delisting-dilemma-436652da
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