TechCreate Group Ltd. said it will request a review by the New York Stock Exchange Review Committee after the exchange’s Listing Qualifications Panel confirmed a decision to delist its Class A ordinary shares.
The panel cited Sections 1001, 1002(e), and 1003 of the NYSE American Company Guide, concluding the shares were no longer suitable for continued listing. The company, headquartered in Singapore and founded in 2015, provides digital payment infrastructure to financial institutions and businesses.
The delisting process follows a one-day trading suspension ordered by the U.S. Securities and Exchange Commission on February 2, 2026, based on concerns of possible stock manipulation. TechCreate’s shares have remained suspended on NYSE American since then and currently trade over-the-counter under the symbol TCGLF.
TechCreate received notification of the delisting decision on June 12, 2026, and the NYSE panel confirmed the staff’s determination on August 20, 2026. The company has until September 4, 2026, to submit its appeal, which it intends to meet. Neither the SEC nor NYSE American has attributed any responsibility for the alleged manipulation to TechCreate or its executives.
The company stated it has cooperated with regulators regarding the trades and that neither it nor its internal executives were involved in or had knowledge of the alleged manipulation activity. TechCreate emphasized that the delisting process does not affect its operations, customer relationships, or financial position, though it noted there is no guarantee the Review Committee will reverse the panel’s decision.
