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3E Network faces Nasdaq delisting over low share price, plans hearing to appeal and regain compliance.

Market News
31 Oct 2026, 03:45 WIB
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Bearish
3E Network faces Nasdaq delisting over low share price, plans hearing to appeal and regain compliance.

3E Network Technology Group Limited received a notice from Nasdaq that its Class A shares will be delisted due to the share price falling below $1.00 for 30 consecutive business days. The company is not eligible for a compliance period because of a recent reverse stock split. 3E Network plans to request a hearing to appeal the delisting decision and is exploring options such as capital market transactions and further share consolidations to meet Nasdaq's minimum bid price requirement. Trading will continue during the appeal process.

3E Network Technology Group Limited's Nasdaq delisting notice is the subject here, with Pluang's market data providing context. Of 150 priced Technology-sector US stocks on Pluang, 27 rose and 123 fell. Notable movers include ARM at USD 205.59 down 10.13%, MRVL at USD 196.50 down 10.00%, and CIFR at USD 7.30 down 9.88%, as of Oct 31, 2026 03:11 WIB.

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