Zentek Shares Delisted from Nasdaq, Moving to OTC Markets
ZTEK is trading near its 52-week low of $0.367 (10.0% below the low).
Summary
Zentek's common shares will be delisted from Nasdaq Capital Market effective September 2, 2026, due to non-compliance with the minimum bid price requirement. The company will transition to OTC Markets Group and has applied for OTCQX Best Market, while its primary TSX Venture Exchange listing remains unaffected.
Key Events · Legal and Risk Events · ZTEK
-
Nasdaq Delisting Notice
Zentek received a delisting notice from Nasdaq due to non-compliance with the minimum bid price requirement. Trading on Nasdaq Capital Market will be suspended at the open on September 2, 2026.
-
Transition to OTC Markets
The company's common shares will transition to OTC Markets Group, with an application submitted for OTCQX Best Market, the premier tier operated by OTC Markets Group.
-
Appeal Process
Zentek intends to request a hearing from Nasdaq to appeal the delisting determination, but the hearing will not stay the suspension of trading.
-
TSX Venture Exchange Unaffected
The company's primary listing on the TSX Venture Exchange under symbol ZEN remains unaffected, and shareholders are not required to take any action.
Analysis · ZTEK · Industrial Applications And Services
Zentek received a delisting notice from Nasdaq for failing to maintain the minimum bid price. Trading on Nasdaq Capital Market will be suspended at the open on September 2, 2026, and the company will transition to OTC Markets Group, with an application pending for OTCQX Best Market. The company intends to appeal, but the hearing will not stay the suspension. The TSX Venture Exchange listing remains unaffected. This is a significant negative event for U.S. investors, as it reduces liquidity and institutional accessibility, though the company states the transition is not expected to materially impact business or operations.
How filings like this one have moved
In the 30 days to Sep 11, 2026, 42.4% of the 517 measured filings Wiseek scored 9 moved their stock by 5% or more by the next session's close. The median move was -0.47%. 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, ZTEK was trading at $0.33 on NASDAQ in the Industrial Applications And Services sector, with a market capitalization of approximately $68.4M. The 52-week trading range was $0.37 to $1.24. This filing was assessed with negative market sentiment and an importance score of 9 out of 10.