SEC Suspends Trading of Magnitude International Ltd

SEC: Trading Suspensions

Filed December 4th, 2025

Detected March 14th, 2026

Summary

The SEC has suspended trading of Magnitude International Ltd (MAGH) securities for a two-week period due to concerns of potential market manipulation via social media recommendations. The suspension is effective December 5, 2025, through December 18, 2025.

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What changed

The Securities and Exchange Commission (SEC) has ordered an immediate suspension of trading for Magnitude International Ltd (MAGH) securities. This action, effective from December 5, 2025, through December 18, 2025, is a response to suspected manipulation of MAGH's stock price and trading volume, allegedly driven by recommendations from unknown individuals on social media. The SEC cited the need to protect investors and the public interest as the basis for this temporary trading halt.

This suspension directly impacts investors holding MAGH securities and any entities involved in trading them. While the order itself does not impose penalties, it halts all trading activity for MAGH on the Nasdaq Capital Market for the specified period. Regulated entities, particularly broker-dealers and financial advisers, should be aware of this suspension and ensure compliance by refraining from any trading of MAGH securities during the suspension period.

What to do next

Ensure no trading of Magnitude International Ltd (MAGH) securities occurs between December 5, 2025, and December 18, 2025.
Review internal controls for monitoring social media for potential market manipulation schemes.
Inform relevant trading desks and compliance personnel of the SEC's trading suspension order.

Source document (simplified)

UNITED STATES OF AMERICA Before the SECURITIES AND EXCHANGE COMMISSION SECURITIES EXCHANGE ACT OF 1934 Release No. 104317 / December 4, 2025 ____________________________________ IN THE MATTER OF : MAGNITUDE : ORDER OF SUSPENSION INTERNATIONAL LTD : OF TRADING ____________________________________ It appears to the Securities and Exchange Commission that the public interest and the protection of investors require a suspension in the trading of the securities of Magnitude International Ltd (“MAGH”) (CIK No. 0002046117), a holding company incorporated in the Cayman Islands and headquartered in Singapore, because of potential manipulation in the securities of MAGH effectuated through recommendations made to investors by unknown persons via social media to purchase, hold, and/or sell the securities of MAGH and to send screenshots documenting their transaction, which appear to be designed to artificially inflate the price and trading volume of the securities of MAGH. As of December 3, 2025, the common stock of MAGH is listed on the Nasdaq Capital Market under the symbol “MAGH.” The Commission is of the opinion that the public interest and the protection of investors require a suspension of trading in the securities of the above-listed company.

THEREFORE, IT IS ORDERED, pursuant to Section 12(k) of the Exchange Act, that trading in the securities of the above-listed company is suspended for the period from 4:00 AM ET on December 5, 2025, through 11:59 PM ET on December 18, 2025. By the Commission. Vanessa A. Countryman Secretary