NASDAQ:IMTE

Business·Media·NASDAQ:IMTE·News·Technology

Integrated Media Technology Faces Nasdaq Cutoff, Reverse-Split Vote Ahead

Integrated Media Technology shares traded at $0.5224 in U.S. premarket on May 28, remaining below Nasdaq’s $1 minimum bid requirement. Shareholders will vote June 9 on a reverse split to boost the share price. The company faces a June 29 deadline to regain compliance or risk delisting. Shares are down 55.7% over the past year.

May 28, 2026

Markets Fall as Middle East Tensions and Oil Prices Rise
May 28, 2026, 9:19 AM EDT. European stock markets opened lower amid renewed geopolitical tensions in the Middle East, triggering a sharp increase in risk aversion among investors. The Paris Stock Exchange fell 0.4%, London's FTSE declined 0.8%, and Milan's FTSE MIB dropped 0.5%. The pan-European STOXX 600 index slipped 0.4%. Brent crude oil prices surged over 2.5%, nearing $100 per barrel, driven by fears of disruptions in the Strait of Hormuz, a critical maritime route for nearly 20% of global oil supply. Rising oil prices have become the key market driver, fueling investor caution and impacting trading across Europe.