QMMM Holdings Limited Ordinary Shares

QMMM: 6-K · leadership change

QMMM Holdings disclosed the resignation of two directors. Mr. Kwok Wai Lui resigned as independent director effective September 30, 2026, and Mr. Bun Kwai resigned as executive director, board chairman, and chief executive director effective October 1, 2026. Both stated their departures were for personal reasons and not due to any dispute with the company or board. The company said its board has begun a search for replacement directors. The loss of both the chairman and top executive in quick succession creates leadership uncertainty at the small-cap foreign private issuer; investors should watch for the quality and timing of replacement appointments.

SEC 6-K•21d ago

QMMM: 6-K · periodic report

QMMM Holdings reported first-half fiscal 2026 revenue of $519,560, down roughly 58% from $1,225,912 a year earlier, swinging to a gross loss of $94,988 (margin of -18.3% vs +12.7%). Net loss widened to $1,930,195 from $1,381,918, or $(0.07) per share. Cash stood at $4,018,549 at March 31, 2026, boosted partly by collections of outstanding deposits and refunds, while total assets fell to $9.06 million and shareholders' equity declined to $8.51 million. Critically, the filing discloses that Nasdaq issued a Staff Delisting Determination on June 17, 2026 under Rule IM-5101-4, also citing the delayed Form 20-F; the company requested an oral hearing before the Nasdaq Hearings Panel on June 23, 2026. The company also remains under an SEC trading suspension order from September 2025 and carries heavy customer concentration, with the top five customers representing 87.4% of revenue.

SEC 6-K•27d ago

QMMM: 20-F · delisting

QMMM Holdings filed its long-delayed annual report for the fiscal year ended September 30, 2025, disclosing that it received a Staff Delisting Determination from Nasdaq on June 17, 2026. Nasdaq is moving to delist the shares under its discretionary authority in Listing Rule IM-5101-4, and cites the late 20-F filing as an independent delisting basis under Rule 5250(c)(1). The company intends to appeal to the Nasdaq Hearings Panel and submit a compliance plan, but a trading halt under Rule 4120(a)(5) remains in place and there is no assurance the panel will grant relief. The filing also reveals the SEC suspended trading in QMMM securities from September 29 through October 10, 2025, and that Nasdaq sent an information request; management states it has not participated in any price manipulation activity. Fiscal 2025 revenue fell to approximately US$2.0 million from US$2.7 million a year earlier, while the net loss widened to US$1,998,372 from US$1,580,198. Customer concentration remains high, with the top five customers contributing 55.2% of revenue. The company also disclosed an up to US$800 million Form F-3 shelf registration filed September 5, 2025 that has not yet been declared effective — a potential dilution overhang that dwarfs its roughly US$2 million annual revenue base.

SEC 20-F•1mo ago

QMMM Announces Receipt of Delisting Notice from Nasdaq

QMMM Holdings received a Staff Delisting Determination from Nasdaq on June 17, 2026, citing discretionary authority and the delay in filing its Form 20-F for the fiscal year ended September 30, 2025. The company plans to appeal the decision by requesting an oral hearing and submitting a written plan of compliance to the Hearings Panel. A trading halt remains in effect during the appeal process, and there is no assurance the Panel will approve the plan or grant an exception to the listing standards.

•4mo ago

QMMM: 6-K · auditor change

QMMM Holdings Ltd. announced a change in its independent registered public accounting firm, accepting the resignation of EliteCPA P.C. effective June 5, 2026. EliteCPA had served as the company's auditor since December 17, 2025, a tenure of approximately six months. The company appointed GGF CPA LTD as its new independent auditor effective immediately. QMMM stated that there were no disagreements or reportable events with EliteCPA regarding accounting principles, practices, or financial statement disclosures during the engagement. EliteCPA confirmed in a letter filed as Exhibit 99.1 that it agrees with the statements made by QMMM regarding the change. The short duration of the prior auditor's engagement and the switch to a less prominent firm may raise concerns among investors regarding audit quality and internal controls.

SEC 6-K•4mo ago