Nasdaq Moves to Delist Reitar Logtech; Trading Suspends September 17
RITR sits 69% above its 52-week low of $0.046 on light trading volume (0.4× avg).
Summary
Nasdaq has determined to delist Reitar Logtech after its stock traded at or below $0.10 for 10 consecutive days. Trading suspends September 17, 2026; the company has appealed but the appeal does not stay the suspension.
Key Events · Legal and Risk Events · RITR
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Nasdaq Delisting Determination
Nasdaq determined to delist Reitar Logtech after the closing bid price remained at or below $0.10 for 10 consecutive trading days from August 25 to September 9, 2026.
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Trading Suspension September 17
Trading in the company's securities will be suspended at the opening of business on September 17, 2026, regardless of the appeal.
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Appeal Filed
The company submitted a hearing request to the Nasdaq Hearings Department; the request must be received by 4:00 p.m. ET on September 17, 2026, and there is no assurance the appeal will succeed.
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Reverse Split Failed to Prevent Delisting
Shareholders approved a 1-for-25 reverse split on September 4, 2026, but the bid price has not recovered above the $0.10 threshold, triggering the delisting determination.
Analysis · RITR · Real Estate & Construction
Nasdaq has determined to delist Reitar Logtech after its stock traded at or below $0.10 for 10 consecutive trading days. Trading will be suspended at the open on September 17, 2026, and the company has appealed the determination. The appeal does not stay the suspension, and there is no assurance the appeal will succeed. This comes just 12 days after shareholders approved a 1-for-25 reverse split aimed at regaining compliance — a move that has not yet lifted the bid price above the threshold. The delisting removes the company's access to Nasdaq's capital markets and typically forces trading to over-the-counter venues, which reduces liquidity and institutional participation.
How filings like this one have moved
In the 30 days to Oct 16, 2026, 44.7% of the 302 measured filings Wiseek scored 9 moved their stock by 5% or more by the next session's close. The median move was -0.26%. 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, RITR was trading at $0.08 on NASDAQ in the Real Estate & Construction sector, with a market capitalization of approximately $4.8M. The 52-week trading range was $0.05 to $7.68. This filing was assessed with negative market sentiment and an importance score of 9 out of 10.