# IP STRATEGY HOLDINGS, INC. (IPST) — delisting/forced [announced]
Source: sec.gov · situation sit_e44b14dbb35a4b1dfde1 · public 9222474385024815644 · retrieved 2026-09-03T06:23:35.402Z

## Overview
IP Strategy Holdings, Inc. is the first Nasdaq-listed company to hold $DATA tokens as a primary treasury reserve asset and operate validator infrastructure for the DATA Network, providing public market investors exposure to the AI-native data economy through a regulated equity vehicle.

On August 26, 2026, IP Strategy Holdings, Inc. received a notification letter from The Nasdaq Stock Market LLC advising that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) because it has not yet filed its Quarterly Report on Form 10-Q for the period ended June 30, 2026. The notification has no immediate effect on the listing of the Company's common stock on Nasdaq. The Company has 60 calendar days from August 26, 2026, or until October 26, 2026, to submit to Nasdaq a plan to regain compliance. If Nasdaq accepts the Company's plan, Nasdaq may grant the Company an exception of up to 180 calendar days from the original due date of the Form 10-Q, or until February 22, 2027, to regain compliance. The Company intends to take the necessary steps to regain compliance with Nasdaq's continued listing requirements in September 2026.

## Terms
- Counterparty: The Nasdaq Stock Market LLC

## Key dates
- Announced 2026-09-01 · Expiry 2026-10-26

## Timeline
- 2026-09-01 · 8-K (0001788230-26-000079): 8-K - IP STRATEGY HOLDINGS, INC. — *IP Strategy Holdings, Inc. is the first Nasdaq-listed company to hold $DATA tokens as a primary treasury reserve asset and operate validator infrastructure for the DATA Network, providing public market investors exposure to the AI-native data economy through a regulated equity vehicle.* On August 26, 2026, IP Strategy Holdings, Inc. received a notification letter from The Nasdaq Stock Market LLC advising that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) because it has not yet filed its Quarterly Report on Form 10-Q for the period ended June 30, 2026. The notification has no immediate effect on the listing of the Company's common stock on Nasdaq. The Company has 60 calendar days from August 26, 2026, or until October 26, 2026, to submit to Nasdaq a plan to regain compliance. If Nasdaq accepts the Company's plan, Nasdaq may grant the Company an exception of up to 180 calendar days from the original due date of the Form 10-Q, or until February 22, 2027, to regain compliance. The Company intends to take the necessary steps to regain compliance with Nasdaq's continued listing requirements in September 2026.
  https://www.sec.gov/Archives/edgar/data/1788230/0001788230-26-000079.txt

## Citations
- 0001788230-26-000079 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000178823026000079