TECHCREATE GROUP CL.A

TechCreate will have the committee responsible review the decision to delist its class A common shares from the NYSE American and plans to file the appeal by the September 4, 2026 deadline. The delisting proceedings followed a one-day trading suspension ordered by the SEC on February 2, 2026 over possible stock manipulation; neither the SEC nor the NYSE attributed responsibility to TechCreate. The shares remain suspended on the NYSE American and are trading over-the-counter under the symbol TCGLF. TechCreate stresses that neither the company nor insiders were involved in the alleged manipulation, is cooperating with regulators and expects the proceedings to have no impact on operations, but acknowledges that reversal of the decision is not guaranteed. » Más en de.investing.com

NYSE American has initiated a delisting proceeding for TechCreate’s class A common stock and suspended trading, citing the exchange guide’s "other event provision." TechCreate says it has not been accused of wrongdoing and that operations and its financial condition remain unaffected. The company is reviewing legal options and potential appeals against the decision. The shares had risen 3,124% over the past six months; despite a market capitalization of $3.53 billion, TechCreate reports only $3.71 million in revenue over the last twelve months and a loss of $0.05 per share. » Más en de.investing.com

TechCreate reported a 10.4% revenue increase to S$1.9m for the first half to 30 June 2025 and a fall in net loss from S$0.4m to about S$20,000. Gross profit margin rose to 70.5%, supported by new professional services contracts and a hardware project for QR soundbox terminals. Cost of sales declined, while operating expenses rose slightly to S$1.3m. After the IPO in October 2025 the company holds around S$1.3m in cash but remains unprofitable on a twelve-month basis (P/E ratio -124.04). » Más en de.investing.com