Fast Track Group Ends Nasdaq Fight, Delisting Set to Complete Within Days
FTRKD sits 79% above its 52-week low of $0.56.
Summary
Fast Track Group has withdrawn its Nasdaq appeal and will be delisted from the Nasdaq Capital Market, with shares continuing to trade on OTC Markets under FTRKD.
Key Events · Legal and Risk Events · FTRKD
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Nasdaq Appeal Withdrawn
The company withdrew its appeal of Nasdaq's delisting determination on September 15, 2026, cancelling the hearing that had been scheduled for September 17.
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Form 25-NSE Filing
Nasdaq announced it will file Form 25-NSE on September 17, 2026; the delisting becomes effective ten days after that filing.
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OTC Trading Under FTRKD
Since August 18, 2026, shares have been quoted on OTC Markets under the symbol FTRKD, following their suspension from Nasdaq.
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Reporting Company Status
The company will remain a reporting company under the Exchange Act and continue filing Form 20-F and Form 6-K.
Analysis · FTRKD · Trade & Services
Fast Track Group has given up its effort to stay on Nasdaq. The appeal was withdrawn on September 15, 2026, and Nasdaq will file Form 25-NSE to formally delist the shares, with the delisting becoming effective ten days after that filing. Trading has already shifted to OTC Markets under the symbol FTRKD. This marks a critical governance and liquidity event: losing a major exchange listing typically curtails institutional access, heightens volatility, and can force selling by funds restricted to exchange-listed securities. While the company says it will remain a reporting company, the loss of the Nasdaq listing is a significant negative for shareholder value and future capital-raising ability.
How filings like this one have moved
In the 30 days to Oct 2, 2026, 39.9% of the 323 measured filings Wiseek scored 9 moved their stock by 5% or more by the next session's close. The median move was -0.36%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, FTRKD was trading at $1.00 on OTC in the Trade & Services sector, with a market capitalization of approximately $1.1M. The 52-week trading range was $0.56 to $20.80. This filing was assessed with negative market sentiment and an importance score of 9 out of 10.