{"success":true,"data":{"pressRelease":{"id":"148815","rtpr_id":"nGNX1K5NxQ-20260921","ticker":"DTCKF","exchange":"OTC","all_tickers":["DTCKF"],"title":"Davis Commodities Limited Announces Nasdaq Delisting and Continued Quotation on OTC Markets","author":"Globe Newswire","published_at":"2026-09-21T16:15:21.097Z","article_body":"SINGAPORE, Sept. 21, 2026 (GLOBE NEWSWIRE) -- Davis Commodities Limited\n(“Davis Commodities” or the “Company”), an agricultural commodity\ntrading company specializing in the trading of sugar, rice, and oil and fat\nproducts, today announced that The Nasdaq Stock Market LLC (“Nasdaq”) has\nstated that it will delist the Company’s Class A ordinary shares from The\nNasdaq Stock Market.\n\nAs previously disclosed, trading in the Company’s Class A ordinary shares on\nNasdaq was suspended on March 25, 2026, and has not resumed since that date.\nNasdaq has stated that it will file a Form 25 with the U.S. Securities and\nExchange Commission (the “SEC”) to complete the delisting, and that the\ndelisting will become effective ten days after the Form 25 is filed.\n\nThe Company’s Class A ordinary shares continue to be quoted on the OTC\nMarkets under the symbol “DTCKF.” Shareholders may continue to obtain\nmarket quotations and trade the shares through broker-dealers that support\ntransactions in securities quoted on OTC Markets, subject to applicable broker\nrequirements and market conditions. There can be no assurance regarding the\ncontinued quotation of the Class A ordinary shares on OTC Markets, the\ndevelopment or maintenance of an active trading market, or the liquidity of\nany such market.\n\nThe delisting from Nasdaq does not end the Company’s reporting obligations\nunder the U.S. Securities Exchange Act of 1934, as amended. The Company will\nremain an SEC-reporting company and intends to continue complying with those\nobligations and to provide updates regarding material developments as required\nby applicable law.\n\nAbout Davis Commodities Limited\n\nBased in Singapore, Davis Commodities Limited is an agricultural commodity\ntrading company specializing in the trading of sugar, rice, and oil and fat\nproducts across markets including Asia, Africa and the Middle East. The\nCompany sources, markets and distributes commodities under its principal\nbrands, including Maxwill and Taffy in Singapore.\n\nThe Company also provides complementary services supporting its commodity\ntrading activities, including warehouse handling, storage and logistics\nservices. Through its established network of commodity suppliers and logistics\nservice providers, Davis Commodities serves customers across multiple\ninternational markets.\n\nFor more information, please visit the Company’s investor relations website\nat ir.daviscl.com.\n\nForward-Looking Statements\n\nCertain statements in this press release may constitute “forward-looking\nstatements” within the meaning of applicable securities laws. Such\nstatements include, among other things, statements concerning the Company’s\nfuture plans, regulatory and reporting obligations, the Nasdaq delisting\nprocess, the continued quotation and trading of the Company’s Class A\nordinary shares on OTC Markets, and the Company’s future business and\noperations.\n\nForward-looking statements involve known and unknown risks, uncertainties and\nother factors that may cause actual results, performance or developments to\ndiffer materially from those expressed or implied by such statements. These\nstatements are based on management’s current expectations and assumptions\nand are subject to risks and uncertainties described in the Company’s\nfilings with the SEC.\n\nThe Company undertakes no obligation to publicly update or revise any\nforward-looking statements to reflect subsequent events, circumstances or\nchanges in expectations, except as required by applicable law.\n\nInvestor Relations Contact\n\nDavis Commodities Limited\nInvestor Relations Department\nEmail: investors@daviscl.com\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/6f16a359-3d9a-4a71-8205-05c49ce4750d)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX1K5NxQ-20260921","title":"Davis Commodities Limited Announces Nasdaq Delisting and Continued Quotation on OTC Markets","author":"Globe Newswire","ticker":"DTCKF","created":"2026-09-21T16:15:21.097Z","tickers":["DTCKF"],"exchange":"OTC","article_body":"SINGAPORE, Sept. 21, 2026 (GLOBE NEWSWIRE) -- Davis Commodities Limited\n(“Davis Commodities” or the “Company”), an agricultural commodity\ntrading company specializing in the trading of sugar, rice, and oil and fat\nproducts, today announced that The Nasdaq Stock Market LLC (“Nasdaq”) has\nstated that it will delist the Company’s Class A ordinary shares from The\nNasdaq Stock Market.\n\nAs previously disclosed, trading in the Company’s Class A ordinary shares on\nNasdaq was suspended on March 25, 2026, and has not resumed since that date.\nNasdaq has stated that it will file a Form 25 with the U.S. Securities and\nExchange Commission (the “SEC”) to complete the delisting, and that the\ndelisting will become effective ten days after the Form 25 is filed.\n\nThe Company’s Class A ordinary shares continue to be quoted on the OTC\nMarkets under the symbol “DTCKF.” Shareholders may continue to obtain\nmarket quotations and trade the shares through broker-dealers that support\ntransactions in securities quoted on OTC Markets, subject to applicable broker\nrequirements and market conditions. There can be no assurance regarding the\ncontinued quotation of the Class A ordinary shares on OTC Markets, the\ndevelopment or maintenance of an active trading market, or the liquidity of\nany such market.\n\nThe delisting from Nasdaq does not end the Company’s reporting obligations\nunder the U.S. Securities Exchange Act of 1934, as amended. The Company will\nremain an SEC-reporting company and intends to continue complying with those\nobligations and to provide updates regarding material developments as required\nby applicable law.\n\nAbout Davis Commodities Limited\n\nBased in Singapore, Davis Commodities Limited is an agricultural commodity\ntrading company specializing in the trading of sugar, rice, and oil and fat\nproducts across markets including Asia, Africa and the Middle East. The\nCompany sources, markets and distributes commodities under its principal\nbrands, including Maxwill and Taffy in Singapore.\n\nThe Company also provides complementary services supporting its commodity\ntrading activities, including warehouse handling, storage and logistics\nservices. Through its established network of commodity suppliers and logistics\nservice providers, Davis Commodities serves customers across multiple\ninternational markets.\n\nFor more information, please visit the Company’s investor relations website\nat ir.daviscl.com.\n\nForward-Looking Statements\n\nCertain statements in this press release may constitute “forward-looking\nstatements” within the meaning of applicable securities laws. Such\nstatements include, among other things, statements concerning the Company’s\nfuture plans, regulatory and reporting obligations, the Nasdaq delisting\nprocess, the continued quotation and trading of the Company’s Class A\nordinary shares on OTC Markets, and the Company’s future business and\noperations.\n\nForward-looking statements involve known and unknown risks, uncertainties and\nother factors that may cause actual results, performance or developments to\ndiffer materially from those expressed or implied by such statements. These\nstatements are based on management’s current expectations and assumptions\nand are subject to risks and uncertainties described in the Company’s\nfilings with the SEC.\n\nThe Company undertakes no obligation to publicly update or revise any\nforward-looking statements to reflect subsequent events, circumstances or\nchanges in expectations, except as required by applicable law.\n\nInvestor Relations Contact\n\nDavis Commodities Limited\nInvestor Relations Department\nEmail: investors@daviscl.com\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/6f16a359-3d9a-4a71-8205-05c49ce4750d)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-09-21T16:15:21.127945194Z","server_sent_at_ms":1790007321127},"received_at":"2026-09-21T16:15:21.183Z","source_url":"https://www.globenewswire.com/news-release/2026/09/21/3365734/0/en/davis-commodities-limited-announces-nasdaq-delisting-and-continued-quotation-on-otc-markets.html"},"analysis":{"id":"137373","press_release_id":"148815","analysis_json":{"industry":{"label":"Food Products","sector":"Consumer Staples"},"redFlags":["Hard Nasdaq delisting following a trading suspension in place since March 25, 2026","Explicit no-assurance language on continued OTC quotation, active market, and liquidity","OTC-only trading is subject to broker requirements and thin-market risk; shareholders may face difficulty exiting positions"],"eventType":"regulatory","narrative":"Nasdaq has stated it will delist Davis Commodities' Class A ordinary shares, with the delisting effective ten days after the exchange files a Form 25 with the SEC.\n\nTrading on Nasdaq was suspended on March 25, 2026 and has not resumed since; the shares continue to be quoted on OTC Markets under the symbol DTCKF, subject to broker requirements and market conditions.\n\nManagement cautioned there is no assurance of continued OTC quotation, an active trading market, or any liquidity, though the company remains an SEC-reporting company and says it will keep meeting its Exchange Act obligations.","sentiment":"bearish","agentHooks":{"shouldPost":true,"suggestedAngle":"Formal Nasdaq delisting confines DTCKF to thin OTC trading — flag liquidity and continued-quotation risk for holders."},"keyFigures":{"customDimensions":{"otc_symbol":"DTCKF","sec_reporting_status":"remains an SEC-reporting company","trading_suspension_date":"March 25, 2026","form_25_effective_period":"delisting effective ten days after Form 25 is filed"}},"quotedText":"Nasdaq was suspended on March 25, 2026, and has not resumed since that date.","namedEntities":{"people":[],"products":["Maxwill","Taffy"],"companies":[{"name":"Davis Commodities Limited","ticker":"DTCKF","relationship":"filer — agricultural commodity trading company being delisted"},{"name":"The Nasdaq Stock Market LLC","relationship":"exchange effecting the delisting"},{"name":"U.S. Securities and Exchange Commission","relationship":"regulator receiving the Form 25; ongoing reporting obligations"},{"name":"OTC Markets","relationship":"venue where shares continue to be quoted"}],"dollarAmounts":[]},"materialImpact":{"score":3,"reasoning":"Hard delisting from Nasdaq removes the company's major-exchange listing entirely, with shares relegated to OTC-only quotation and explicit no-assurance language on liquidity. Materially negative for holders, but partially anticipated since Nasdaq trading was already suspended on March 25, 2026 — this release formalizes the outcome via a Form 25 filing."},"tickerRelevance":{"others":[],"primary":"DTCKF"},"globalImportance":22,"audienceRelevance":8,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"micro-cap foreign ordinary (OTC)","eventGravity":"exchange delisting via Form 25","preSuspended":true,"liquidityImpact":"high for remaining holders","householdBrandBoost":false,"marketWideRelevance":"none"}},"event_type":"regulatory","event_type_secondary":null,"sentiment":"bearish","material_impact_score":3,"narrative":"Nasdaq has stated it will delist Davis Commodities' Class A ordinary shares, with the delisting effective ten days after the exchange files a Form 25 with the SEC.\n\nTrading on Nasdaq was suspended on March 25, 2026 and has not resumed since; the shares continue to be quoted on OTC Markets under the symbol DTCKF, subject to broker requirements and market conditions.\n\nManagement cautioned there is no assurance of continued OTC quotation, an active trading market, or any liquidity, though the company remains an SEC-reporting company and says it will keep meeting its Exchange Act obligations.","key_figures":{"customDimensions":{"otc_symbol":"DTCKF","sec_reporting_status":"remains an SEC-reporting company","trading_suspension_date":"March 25, 2026","form_25_effective_period":"delisting effective ten days after Form 25 is filed"}},"named_entities":{"people":[],"products":["Maxwill","Taffy"],"companies":[{"name":"Davis Commodities Limited","ticker":"DTCKF","relationship":"filer — agricultural commodity trading company being delisted"},{"name":"The Nasdaq Stock Market LLC","relationship":"exchange effecting the delisting"},{"name":"U.S. Securities and Exchange Commission","relationship":"regulator receiving the Form 25; ongoing reporting obligations"},{"name":"OTC Markets","relationship":"venue where shares continue to be quoted"}],"dollarAmounts":[]},"model_name":"glm-5.3-flash","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-09-21T16:17:28.756Z","global_importance":22,"audience_relevance":8,"importance_components":{"tickerTier":"micro-cap foreign ordinary (OTC)","eventGravity":"exchange delisting via Form 25","preSuspended":true,"liquidityImpact":"high for remaining holders","householdBrandBoost":false,"marketWideRelevance":"none"}},"durationMs":127563,"modelName":"glm-5.3-flash"}}