01:30 PM EDT, 08/15/2024 (MT Newswires) -- Collective Audience ( CAUD ) said Thursday its stock will be suspended from trading from Aug. 16 following a Nasdaq Hearings Panel determination to delist its shares.

The company said it is currently arranging for its stock to begin trading temporarily on the OTC Markets Friday.

The firm said it is evaluating its plan to potentially appeal the decision in the 15 days allotted by Nasdaq for such an appeal.

The stock was down about 35% in recent trading.

Price: 0.28, Change: -0.15, Percent Change: -34.95