Oak Woods (OAKU) Faces Nasdaq Compliance Issue for Missing Annual Meeting
- Compliance Notice: On January 16, 2026, Oak Woods received a notice from Nasdaq for failing to hold its annual shareholder meeting within 12 months of its fiscal year-end, breaching Nasdaq Listing Rule 5620(a), which could affect its future compliance status.
- Plan Submission Deadline: The company has 45 days, until March 2, to submit a plan to regain compliance; if accepted, Nasdaq may allow it until June 29 to hold the annual meeting and restore compliance.
- Current Impact: Although the compliance notice was issued, it has no immediate impact on the listing or trading of the company's securities, indicating that the company still has time to take corrective actions to avoid more severe consequences.
- Future Risks: Failure to submit a compliance plan or hold the annual meeting on time could lead to harsher penalties, including the risk of being delisted from Nasdaq, which would negatively impact investor confidence and the company's market value.
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Oak Woods (OAKU) Faces Nasdaq Compliance Issue for Missing Annual Meeting
- Compliance Notice: On January 16, 2026, Oak Woods received a notice from Nasdaq for failing to hold its annual shareholder meeting within 12 months of its fiscal year-end, breaching Nasdaq Listing Rule 5620(a), which could affect its future compliance status.
- Plan Submission Deadline: The company has 45 days, until March 2, to submit a plan to regain compliance; if accepted, Nasdaq may allow it until June 29 to hold the annual meeting and restore compliance.
- Current Impact: Although the compliance notice was issued, it has no immediate impact on the listing or trading of the company's securities, indicating that the company still has time to take corrective actions to avoid more severe consequences.
- Future Risks: Failure to submit a compliance plan or hold the annual meeting on time could lead to harsher penalties, including the risk of being delisted from Nasdaq, which would negatively impact investor confidence and the company's market value.
Oak Woods Acquisition Corporation Receives Nasdaq Compliance Notification, Must Submit Plan Within 45 Days
- Compliance Notification: Oak Woods Acquisition Corporation received a notification from Nasdaq on January 16, 2026, indicating non-compliance with Nasdaq Listing Rule 5620(a) due to the failure to hold an annual shareholder meeting within twelve months after the fiscal year-end.
- Compliance Plan Deadline: The company has been given a 45-day period to submit a compliance plan by March 2, 2026, and if accepted by Nasdaq, may receive an extension of up to 180 days until June 29, 2026, to regain compliance.
- Operational Impact: The notification does not affect the listing or trading of the company's securities on Nasdaq, and the company's ongoing business operations will continue unaffected.
- Forward-Looking Statements: The company acknowledges potential risks and uncertainties that may impact its ability to submit a compliance plan and regain compliance, with no assurance that Nasdaq will accept the plan.
Oak Woods Acquisition Corporation Receives Nasdaq Delinquency Notification for Delayed Filing of 10-Q
Nasdaq Notification: Oak Woods Acquisition Corporation received a notification from Nasdaq for failing to comply with Listing Rule 5250(c)(1) due to a delay in filing its Quarterly Report on Form 10-Q, but has 60 days to submit a compliance plan without immediate impact on its listing.
Business Combination Deadline Extension: The company has extended the deadline for completing its initial business combination to June 28, 2025, after depositing $172,500 into its Trust Account.
Oak Woods Acquisition Corporation Receives Notification of Deficiency from Nasdaq Related to Delayed Filing of Annual Report on Form 10-K
Delinquency Notification: Oak Woods Acquisition Corporation received a notification from Nasdaq for not complying with the listing rule due to a delayed filing of its Annual Report, but this does not currently affect its listing status. The company has 60 days to submit a compliance plan and may receive an extension until October 13, 2025.
Business Combination Extensions: The company has extended deadlines for completing a business combination multiple times, with the latest extension allowing until September 28, 2025, by depositing funds into a Trust Account for each month of extension.
Oak Woods (OAKU) Faces Nasdaq Compliance Issue for Missing Annual Meeting
- Compliance Notice: On January 16, 2026, Oak Woods received a notice from Nasdaq for failing to hold its annual shareholder meeting within 12 months of its fiscal year-end, breaching Nasdaq Listing Rule 5620(a), which could affect its future compliance status.
- Plan Submission Deadline: The company has 45 days, until March 2, to submit a plan to regain compliance; if accepted, Nasdaq may allow it until June 29 to hold the annual meeting and restore compliance.
- Current Impact: Although the compliance notice was issued, it has no immediate impact on the listing or trading of the company's securities, indicating that the company still has time to take corrective actions to avoid more severe consequences.
- Future Risks: Failure to submit a compliance plan or hold the annual meeting on time could lead to harsher penalties, including the risk of being delisted from Nasdaq, which would negatively impact investor confidence and the company's market value.
Oak Woods Acquisition Corporation Receives Nasdaq Compliance Notification, Must Submit Plan Within 45 Days
- Compliance Notification: Oak Woods Acquisition Corporation received a notification from Nasdaq on January 16, 2026, indicating non-compliance with Nasdaq Listing Rule 5620(a) due to the failure to hold an annual shareholder meeting within twelve months after the fiscal year-end.
- Compliance Plan Deadline: The company has been given a 45-day period to submit a compliance plan by March 2, 2026, and if accepted by Nasdaq, may receive an extension of up to 180 days until June 29, 2026, to regain compliance.
- Operational Impact: The notification does not affect the listing or trading of the company's securities on Nasdaq, and the company's ongoing business operations will continue unaffected.
- Forward-Looking Statements: The company acknowledges potential risks and uncertainties that may impact its ability to submit a compliance plan and regain compliance, with no assurance that Nasdaq will accept the plan.
Oak Woods Acquisition Corporation Receives Nasdaq Delinquency Notification for Delayed Filing of 10-Q
Nasdaq Notification: Oak Woods Acquisition Corporation received a notification from Nasdaq for failing to comply with Listing Rule 5250(c)(1) due to a delay in filing its Quarterly Report on Form 10-Q, but has 60 days to submit a compliance plan without immediate impact on its listing.
Business Combination Deadline Extension: The company has extended the deadline for completing its initial business combination to June 28, 2025, after depositing $172,500 into its Trust Account.
Oak Woods Acquisition Corporation Receives Notification of Deficiency from Nasdaq Related to Delayed Filing of Annual Report on Form 10-K
Delinquency Notification: Oak Woods Acquisition Corporation received a notification from Nasdaq for not complying with the listing rule due to a delayed filing of its Annual Report, but this does not currently affect its listing status. The company has 60 days to submit a compliance plan and may receive an extension until October 13, 2025.
Business Combination Extensions: The company has extended deadlines for completing a business combination multiple times, with the latest extension allowing until September 28, 2025, by depositing funds into a Trust Account for each month of extension.
