USGOW U.S. GoldMining Inc.

BEARISH Impact: 8/10 25-NSE
Horizon immediate Filed May 22, 2026 Processed 23d 12h ago SEC 0001354457-26-000491
Notable filing: 25-NSE
Latest settled — T+5d
USGOW ▲ 0.00% at T+5d
SHORT call ✗ call lost 0.00% · α vs SPY +1.21% · entry $1.30 → $1.30
Next anchor: T+20d in 8d
Entry anchored
May 22, 2026
via day open
T+1d
0.00%
call 0.00% · α +0.01%
$1.30
settled 20d ago
T+5d
0.00%
call 0.00% · α +1.21%
$1.30
settled 14d ago
T+20d
call — · α —
in 8d
T+60d
call — · α —
in 2mo

Price Chart

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Executive Summary

Nasdaq filed a Form 25-NSE to delist and deregister U.S. GoldMining Inc.'s warrants (exercisable at $13.00 per share) under Rule 12d2-2(a)(2), effective May 22, 2026. This is a terminal event for the security — the warrants are being removed from listing and registration, likely due to maturity, redemption, or the underlying common stock no longer trading on Nasdaq. With a market cap of ~$1M, the delisting represents a complete loss of liquidity and exchange-traded status for USGOW.

Actionable Insight

USGOW warrants are being delisted from Nasdaq effective immediately. Holders should expect zero liquidity in the exchange-traded market; any residual value must be realized through exercise (if permitted and in-the-money) or via OTC trading. Given the $13.00 exercise price and the company's micro-cap status, the warrants are likely deeply out-of-the-money or worthless. Monitor for any subsequent OTC listing or issuer communication regarding warrant treatment.

Key Facts

  • Form 25-NSE filed by Nasdaq Stock Market LLC to remove USGOW warrants from listing and registration under SEC Rule 12d2-2(a)(2).
  • Effective date of delisting: May 22, 2026.
  • Security affected: Warrants exercisable for one share of common stock at $13.00 per share.
  • U.S. GoldMining Inc. has a market capitalization of approximately $1 million.
  • The delisting is likely due to the warrants being matured, redeemed, or retired, or the underlying common stock no longer meeting Nasdaq listing requirements.

Financial Impact

Complete loss of exchange listing for USGOW warrants; holders lose ability to trade on Nasdaq. No financial figures available in filing.

liquiditylisting status

Risk Factors

  • Complete loss of exchange liquidity for USGOW warrants.
  • Warrants may expire worthless if exercise price exceeds common stock price.
  • No further SEC reporting obligations for the delisted security, reducing transparency.
  • Potential for the underlying common stock to also face delisting risk.

Market Snapshot

Exchange
Nasdaq
Sector
Gold and Silver Ores

Documents Analyzed

This report is based on 4 SEC documents filed with EDGAR.

DocumentAccession Number
25-NSE Filing (Primary)0001354457-26-000491
Document: 0001354457-26-000491-index-headers.html0001354457-26-000491
Document: 0001354457-26-000491-index.html0001354457-26-000491
Document: 0001354457-26-000491.txt0001354457-26-000491
2 reports for USGOW
Performance horizon
Filters
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Reports for USGOW — sortable, filterable
Type Now
May 22, 2026
23d ago
25-NSE
BEARISH ★ 8/10
$1.30 $1.30· 0.00%▲ +1.21%
Apr 23, 2026
7w ago
8-K
NEUTRAL ★ 3/10
$1.30 $1.30· 0.00%▼ −0.91%
Showing 2 of 2

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