- MMTEC, Inc. (MTC) received a **Nasdaq delisting determination letter** on **October 27, 2025**, for failing to meet the **$1.00 minimum bid price requirement** for 30 consecutive business days.  **[1742518_0001213900-25-103026_ea026275101ex99-1_mmtec.htm:0]** 
- Due to a **one-for-eight reverse stock split** on **December 18, 2024**, the company is **not eligible for the standard 180-day compliance period**.  **[1742518_0001213900-25-103026_ea026275101ex99-1_mmtec.htm:0]** 
- Trading in MMTEC's securities is scheduled for **suspension on November 5, 2025**, unless an appeal is requested by **November 3, 2025**.  **[1742518_0001213900-25-103026_ea026275101ex99-1_mmtec.htm:0]** 
- The company is **evaluating its options** and **currently intends to appeal** the determination, though there is no assurance of a successful outcome.  **[1742518_0001213900-25-103026_ea026275101ex99-1_mmtec.htm:0]**

MMTEC, Inc. receives Nasdaq delisting determination

- MMTEC, Inc. (MTC) received a **delisting determination** from Nasdaq on **October 27, 2025**, for failing to meet the **$1.00 minimum bid price requirement** for 30 consecutive business days.  **[1742518_20251028CN08772:0]** 
- Due to a **one-for-eight reverse stock split on December 18, 2024**, the company is **ineligible for the standard 180-calendar day compliance period**.  **[1742518_20251028CN08772:0]** 
- If an appeal is not requested, trading in MMTEC's securities will be **suspended at the opening of business on November 5, 2025**.  **[1742518_20251028CN08772:0]** 
- The company has until **November 3, 2025**, to request a hearing to appeal the determination, which would stay the suspension, and **intends to appeal**.  **[1742518_20251028CN08772:0]**

MMTec (MTC)