Pitanium Limited Class A Ordinary shares

Nasdaq announced on July 7, 2026, that Pitanium Limited (PTNM) will be delisted from the Nasdaq Stock Market on July 16, 2026, unless the company appeals. The delisting follows a temporary trading suspension by the SEC in October 2025 and a subsequent halt by Nasdaq. After delisting, the securities may be eligible for over-the-counter trading.

The Bear Cave financial newsletter warns about potential pump-and-dump stock schemes targeting thinly traded China-based stocks, with several companies experiencing unusual trading volume and significant price movements.