Wag! Group Co. is facing a regulatory setback as its common stock and warrants are set to be delisted from the Nasdaq Capital Market. The company received a notice from Nasdaq on July 23, 2025, indicating that trading will be suspended starting July 30, 2025, due to concerns stemming from Wag! Group Co.'s recent Chapter 11 bankruptcy filing. Additional factors contributing to the delisting include noncompliance with Nasdaq's listing requirements, such as the minimum bid price and market value standards. Following the delisting, the company's securities are expected to trade on the Pink Open Market, which may result in reduced liquidity and further price declines. Investors are cautioned about the potential cancellation of these securities as part of the ongoing bankruptcy proceedings.
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