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shares have closed above the $1.00 minimum bid price for six consecutive business days, a development that precedes the company's deadline to formally demonstrate compliance with Nasdaq listing requirements.
The stock, which trades on The Nasdaq Capital Market under the symbol QTEX, remained listed and tradable despite a written notification received from the exchange regarding a prior period of non-compliance.
On October 5, 2026, the Listing Qualifications Department of The Nasdaq Stock Market LLC informed QTREX that its ordinary shares fell below the $1.00 threshold required by Nasdaq Listing Rule 5550(a)(2).
The notification covered the 30 consecutive business days from August 20, 2026, through October 1, 2026. The company stated that this notification carries no immediate effect on the listing or trading of its shares.
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