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Pitanium Ltd (NASDAQ:PTNM) reported Friday that it has addressed all inquiries from the Nasdaq Stock Market following a trading halt in its securities. The company stated that it submitted its most recent response to Nasdaq on October 10 and will continue to cooperate with the exchange regarding any additional requests.
Trading in Pitanium’s securities was initially suspended by the U.S. Securities and Exchange Commission from 4:00 a.m. ET on October 6 through 11:59 p.m. ET on October 17. On October 18, Nasdaq announced a halt in trading of the company’s shares as it requested further information from Pitanium.
According to the company, business operations and financial position remain unchanged as of the date of the report. Pitanium said it remains committed to transparent communication with shareholders and the market.
This information is based on a press release statement included in the company’s SEC filing.
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