Latest Trading Halts News

Babylon Pump & Power (ASX: BPP) has voluntarily suspended trading as it negotiates a major acquisition and capital raise that could significantly expand its operations. The suspension aims to prevent uninformed market activity while details remain uncertain.

Peninsula Energy (ASX: PEN) has voluntarily suspended trading of its shares pending a Supreme Court decision on the validity of share sales made earlier this year. The court hearing, set for 22 April, will determine if required disclosures were properly made for sales between February and April 2026.

KMD Brands has secured NZ$11 million from its retail entitlement offer, with a 52% participation rate. The company now moves to clear a 169 million share shortfall through a retail bookbuild, while shares remain halted ahead of trading resumption.

African Gold Ltd’s takeover by Montage Gold Corp moves a step closer as the Supreme Court of Western Australia approves its Share and Option Schemes, triggering suspension of trading and setting key dates for implementation.

Insignia Financial’s $3.3 billion acquisition by CC Capital Partners has cleared its final legal hurdle, with the Federal Court approving the scheme of arrangement and share trading set to suspend imminently. Shareholders on record will receive $4.80 per share when the deal completes later this month.

Atomo Diagnostics has responded to ASX queries confirming it first held market-sensitive information after Lumos Diagnostics’ FDA CLIA waiver approval for FebriDx. The company defended its trading halt and capital raise timing, asserting full compliance with ASX Listing Rules.

Holista Colltech’s shares remain suspended on the ASX following a trading halt linked to ongoing legal issues with ProImmune Company LLC, with no resolution in sight.

Robex Resources shares will halt trading on the ASX from April 10 following court approval of its merger with Predictive Discovery, marking a key step toward creating a major West African gold producer.

Sequoia Financial Group has provided an update on the proposed sale of InterPrac Financial Planning to Conquest Investment Partners, highlighting ASIC’s court action seeking receiver appointment over certain guarantees and ongoing discussions with ASX regarding shareholder approval.

Strategic Energy Resources Limited (ASX: SER) has requested an immediate voluntary suspension of its securities on the ASX ahead of a Supreme Court hearing concerning the appointment of its auditors. The suspension will remain until the company releases an announcement expected before market open on 14 April 2026.

Sequoia Financial Group Ltd has admitted to unintentionally breaching ASX Listing Rule 15.7 after its CEO disclosed details of the InterPrac Financial Planning sale to a journalist during a trading halt. The company is reviewing its continuous disclosure practices to prevent future occurrences.

Sparc Technologies Limited (ASX: SPN) attributes its recent share price increase and trading volume surge to Managing Director Nick O’Loughlin’s participation in a widely listened-to podcast, confirming no undisclosed material information and compliance with ASX Listing Rules.