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(DRCT) received a formal delisting determination from The Nasdaq Stock Market LLC on October 1, 2026, citing the company's failure to meet the minimum stockholders' equity requirement under Nasdaq Listing Rule 5550(b)(1) before the expiration of a previously granted extension.
Nasdaq has scheduled the suspension of trading in the company's securities to take effect at the open of business on Monday, October 5, 2026.
The delisting action follows a review by the Nasdaq Hearings Panel, which had earlier provided Direct Digital with an extension to comply with the equity standards.
Despite this additional time, the company did not satisfy the specific financial threshold required for continued listing on the Nasdaq Capital Market.
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