NOTIFICATION OF REMOVAL FROM LISTING AND/OR REGISTRATION UNDER SECTION 12(b) OF THE SECURITIES EXCHANGE ACT OF 1934.
| UNITED STATES |
| OMB APPROVAL |
| OMB Number: |
3235-0080 |
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March 31, 2018 |
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| SECURITIES AND EXCHANGE COMMISSION |
| Washington, D.C. 20549 |
| FORM 25 |
NOTIFICATION OF REMOVAL FROM LISTING AND/OR REGISTRATION
UNDER SECTION 12(b) OF THE SECURITIES EXCHANGE ACT OF 1934.
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| Commission File Number |
001-41804 |
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(Exact name of Issuer as specified in its charter, and name of Exchange where security is listed and/or registered)
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| Address: |
10 Bukit Batok Crescent, 10-01 |
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The Spire |
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Singapore |
SINGAPORE |
658079 |
| Telephone number: |
| +65-8102 9960 |
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(Address, including zip code, and telephone number, including area code, of Issuer's
principal executive offices)
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| Class A Ordinary Shares |
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(Description of class of securities)
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Please place an X in the box to designate the rule provision relied upon to strike
the class of securities from listing and registration:
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Pursuant to the requirements fo the Securities Exchange Act of 1934,
Nasdaq Stock Market LLC
certifies that it has reasonable grounds to believe that it
meets all of the requirements for filing the Form 25 and has caused this notification to be
signed on its behalf by the undersigned duly authorized person.
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| 2026-10-05 |
By |
Aravind Menon |
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Hearings Advisor |
| Date |
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Name |
Title |
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| 1 |
Form 25 and attached Notice will be considered compliance with the provisions of
17 CFR 240.19d-1 as applicable. See General Instructions.
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Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
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Delisting Determination, The Nasdaq Stock Market, LLC, September 17, 2026
Davis Commodities Limited
The Nasdaq Stock Market LLC (the Exchange) has determined to remove
from listing the Class A Ordinary Shares of Davis Commodities Limited
effective at the opening of the trading session on October 15, 2026.
Based on review of information provided by the Company, Nasdaq Staff
determined that the Company no longer qualified for listing on the
Exchange pursuant to Listing Rule 5550(a)(2).
The Company was notified of the Staff determination on March 18, 2026.
On March 19, 2026 the Company exercised its right to appeal
the Staff determination to the Listing Qualifications Hearings
Panel (Panel) pursuant to Listing Rule 5815.
On April 21, 2026, the hearing was held.
On April 21, 2026 the Panel reached a
decision and a Decision letter was issued on April 22, 2026.
On May 5, 2026, the Company appealed the Panel Decision of April 22, 2026
to the Nasdaq Listing and Hearing Review Council (NLHRC).
Pursuant to Listing Rule 5820, the NLHRC considered the Company appeal
On July 28, 2026 the NLHRC affirmed the Panel Decision.
The Nasdaq Stock Market LLC Board of Directors
declined to call for review the NLHRC decision of
July 28, 2028. A Final Action Letter was issued to
the Company on August 11, 2026.
The Company Class A Ordinary Shares were suspended on March 25, 2026.
The Staff determination to delist the Company Class A
Ordinary Shares became final on July 29, 2026.