Business Context and Reporting Period
Company: Black Titan Corporation
Filing Type: Form 6-K (Report of Foreign Private Issuer)
Reporting Period: September 2026
Date of Filing: September 4, 2026
Principal Executive Offices: Petaling Jaya, Selangor, Malaysia
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is a notification regarding listing compliance rather than a financial statement.
Material Changes
Nasdaq Minimum Bid Price Notification:
- On September 2, 2026, the Company received notice from Nasdaq that it no longer meets the minimum bid price requirement of $1.00 per share under Listing Rule 5550(a)(2).
- The non-compliance is based on the closing bid price for the 30 consecutive business days prior to the notice.
- The notice has no immediate effect on the listing or trading of the Company's ordinary shares.
Guidance, Outlook, and Risks
Compliance Timeline:
- The Company has been granted an initial 180-calendar-day compliance period, ending March 1, 2027.
- To regain compliance, the closing bid price must be at least $1.00 per share for a minimum of 10 consecutive business days within this period.
- If compliance is not achieved by March 1, 2027, the Company may be eligible for an additional 180-day period, subject to meeting certain conditions.
- Failure to regain compliance could result in delisting from The Nasdaq Capital Market.
Investor Verification Checklist
- Verify the current trading price of Black Titan Corporation shares to assess the gap from the $1.00 threshold.
- Monitor the Company's press releases for any announced capital actions (e.g., reverse stock splits) intended to address the bid price deficiency.
- Review the attached Exhibit 99.1 (Press Release dated September 4, 2026) for additional management commentary.
- Track the Company's status regarding the March 1, 2027, compliance deadline.