It seems like the noformat macro doesn't escape the dashes which is not within the noformat macro. The entire text has being strikeout when there is a dash within the noformat macro and a dash which is out from the macro. For example:

{noformat:nopanel=true}"-"{noformat:nopanel=true} needs to be escaped correctly or else it will strikethrough text "-"

I think it should have escape the dash ( - ) which is inline with the ( - ) that located within the noformat macro.