Magnitude International Faces Second Nasdaq Delisting Basis, Then Regains Filing Compliance
MAGH has more than doubled off its 52-week low of $0.99 on elevated volume (4.9× avg).
Summary
Magnitude International received a second Nasdaq delisting basis for late 20-F filing, then regained compliance the next day. The original delisting determination remains unresolved.
Key Events · Legal and Risk Events · MAGH
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Second Nasdaq Delisting Basis
Nasdaq issued an additional staff determination on September 16, 2026, for failure to timely file Form 20-F under Rule 5250(c)(1), adding to the August 3, 2026 delisting determination under IM-5101-4.
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Compliance Regained
The company filed its Form 20-F on September 17, 2026, and Nasdaq confirmed the same day that the filing deficiency was closed.
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Original Delisting Still Pending
The August 3, 2026 delisting determination under IM-5101-4, related to potential third-party misconduct, remains a separate subject of ongoing review.
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Listing Risk Unresolved
Despite regaining filing compliance, the company's Nasdaq listing remains at risk pending resolution of the original delisting determination.
Analysis · MAGH · Real Estate & Construction
A second Nasdaq delisting basis emerged on September 16, 2026, when Magnitude International failed to timely file its Form 20-F — separate from the August 3, 2026 determination tied to potential third-party misconduct. The company filed the 20-F the next day, and Nasdaq confirmed compliance with the periodic filing rule, closing that deficiency. However, the original delisting determination under IM-5101-4 remains an ongoing review, meaning the company's Nasdaq listing is still at risk. The stock trades near its 52-week high despite the unresolved delisting threat, suggesting the market may be underweighting the listing risk.
How filings like this one have moved
In the 30 days to Sep 18, 2026, 35.6% of the 1155 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.41%. 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, MAGH was trading at $6.76 on NASDAQ in the Real Estate & Construction sector, with a market capitalization of approximately $236.6M. The 52-week trading range was $0.99 to $6.94. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.