• SEC stay has halted a new Nasdaq delisting trigger tied to market value of listed securities below USD 5 million.
• Rule, cleared by SEC staff on July 22, would have forced suspension and delisting after 30 straight business days below the threshold.
• Stay took effect July 29 under SEC Rule 431(e) following notices of intent to seek Commission review of the delegated action.
• Nasdaq’s MVLS requirement remains inactive unless the full Commission lifts the stay or otherwise acts on the rule.
• Netcapital remains subject to other Nasdaq continued listing standards while the SEC review proceeds.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Netcapital Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607310830PRIMZONEFULLFEED9801411) on July 31, 2026, and is solely responsible for the information contained therein.