Oak Woods Acquisition Corporation Announces Receipt of Continued Listing Compliance Notification from Nasdaq
Oak Woods Acquisition Corporation (NASDAQ:OAKU) has received a notification from Nasdaq regarding non-compliance with listing rules due to a delayed filing of its Q2 2025 Form 10-Q. The company has been granted until October 21, 2025 to submit a compliance plan.
If Nasdaq accepts the plan, OAKU could receive an extension until February 16, 2026 to regain compliance. While this notification does not immediately affect OAKU's listing status on the Nasdaq Capital Market, it represents a significant regulatory challenge that requires prompt resolution.
Oak Woods Acquisition Corporation (NASDAQ:OAKU) ha ricevuto una comunicazione da Nasdaq per non conformit脿 alle regole di quotazione a causa del ritardo nella presentazione del suo Form 10-Q relativo al II trimestre 2025. Alla societ脿 猫 stato concesso tempo fino al 21 ottobre 2025 per presentare un piano di conformit脿.
Se Nasdaq approver脿 il piano, OAKU potrebbe ottenere una proroga fino al 16 febbraio 2026 per tornare in regola. Pur non incidendo immediatamente sullo status di quotazione sul Nasdaq Capital Market, la notifica rappresenta una criticit脿 regolamentare che richiede una risoluzione tempestiva.
Oak Woods Acquisition Corporation (NASDAQ:OAKU) recibi贸 una notificaci贸n de Nasdaq por incumplimiento de las normas de cotizaci贸n debido a la presentaci贸n tard铆a de su Form 10-Q del segundo trimestre de 2025. A la compa帽铆a se le ha otorgado hasta el 21 de octubre de 2025 para presentar un plan de cumplimiento.
Si Nasdaq acepta el plan, OAKU podr铆a obtener una pr贸rroga hasta el 16 de febrero de 2026 para recuperar la conformidad. Aunque esta notificaci贸n no afecta de forma inmediata su cotizaci贸n en el Nasdaq Capital Market, constituye un reto regulatorio importante que debe resolverse con prontitud.
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Oak Woods Acquisition Corporation (NASDAQ:OAKU) a re莽u une notification de la Nasdaq pour non-conformit茅 aux r猫gles de cotation en raison du d茅p么t tardif de son Form 10-Q du deuxi猫me trimestre 2025. La soci茅t茅 dispose d'un d茅lai jusqu'au 21 octobre 2025 pour soumettre un plan de conformit茅.
Si la Nasdaq approuve ce plan, OAKU pourrait obtenir une prolongation jusqu'au 16 f茅vrier 2026 pour revenir en conformit茅. Bien que cette notification n'affecte pas imm茅diatement son statut de cotation sur le Nasdaq Capital Market, elle constitue un d茅fi r茅glementaire important qui doit 锚tre r茅solu rapidement.
Oak Woods Acquisition Corporation (NASDAQ:OAKU) hat von der Nasdaq eine Mitteilung 眉ber die Nicht-Einhaltung von B枚rsenregeln erhalten, weil die Einreichung ihres Q2 2025 Form 10-Q versp盲tet erfolgte. Dem Unternehmen wurde eine Frist bis zum 21. Oktober 2025 gesetzt, um einen Compliance-Plan vorzulegen.
Akzeptiert die Nasdaq den Plan, k枚nnte OAKU eine Verl盲ngerung bis zum 16. Februar 2026 erhalten, um die Compliance wiederherzustellen. Obwohl diese Mitteilung den Listing-Status am Nasdaq Capital Market nicht sofort beeintr盲chtigt, stellt sie eine bedeutende regulatorische Herausforderung dar, die rasch angegangen werden muss.
- None.
- Non-compliance with Nasdaq Listing Rule 5250(c)(1) due to delayed Q2 2025 filing
- Risk of potential delisting if compliance is not achieved by deadlines
- Delayed financial reporting raises transparency concerns
Insights
OAKU faces potential Nasdaq delisting due to delayed financial reporting, must submit compliance plan by October 21.
The notification from Nasdaq regarding Oak Woods Acquisition Corporation's delayed quarterly filing represents a significant compliance issue that investors should monitor carefully. The company has failed to file its Form 10-Q for the period ending June 30, 2025, triggering a violation of Nasdaq Listing Rule 5250(c)(1) which requires timely filing of periodic reports.
Oak Woods now faces a critical timeline: they must submit a compliance plan by October 21, 2025 (60 days from notification). If Nasdaq accepts this plan, the company could receive an extension until February 16, 2026 to regain compliance. While the stock remains listed for now, this regulatory deficiency creates uncertainty about the company's operational status.
The delayed filing is particularly concerning for a special purpose acquisition company (SPAC) like Oak Woods, as timely financial reporting is essential during the pre-acquisition phase. Such delays often indicate underlying issues with financial controls, accounting systems, or potentially more serious matters that prevented timely preparation of financial statements.
Investors should note that if Oak Woods fails to submit an acceptable plan or doesn't regain compliance within the extension period, the company faces potential delisting from Nasdaq, which would significantly impact liquidity and investor confidence. The fact that both CEO and CFO roles are held by the same individual (Lixin Zheng) may raise questions about internal controls and governance structure.
ONTARIO, CANADA, Aug. 28, 2025 (GLOBE NEWSWIRE) -- On August 22, 2025, Oak Woods Acquisition Corporation (the 鈥淐ompany鈥�) received written notice (the 鈥淣otification Letter鈥�) from the Nasdaq Stock Market LLC (鈥淣asdaq鈥�), which indicated that, as a result of the Company鈥檚 delay in filing its Quarterly Report on Form 10-Q for the period ended June 30, 2025 (the 鈥淨uarterly Report鈥�), the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) (the 鈥淩ule鈥�), which requires Nasdaq-listed companies to timely file all required periodic financial reports with the U.S. Securities and Exchange Commission (the 鈥淪EC鈥�).
The Notice states that the Company has until October 21, 2025, 60 calendar days from the date of the Notification Letter, to submit a plan to regain compliance. If the Nasdaq accepts such plan, the Nasdaq can grant an exception of up to 180 calendar days from the Quarterly Report鈥檚 due date, or until February 16, 2026 (the 鈥淐ompliance Date鈥�), to regain compliance. The Notification Letter does not impact the Company鈥檚 listing on The Nasdaq Capital Market at this time.
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FORWARD-LOOKING STATEMENTS
This press release contains statements that constitute "forward-looking statements," including with respect to the Company鈥檚 initial public offering, the anticipated use of the net proceeds thereof and the Company鈥檚 search for an initial business combination. No assurance can be given that the net proceeds of the initial public offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company's registration statement and prospectus for the initial public offering filed with the SEC. Copies are available on the SEC's website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
Company Contact:
Lixin Zheng
Chief Executive Officer, Chief Financial Officer,
Chairman and Director Oak Woods Acquisition Corp.
Email: 听
Phone:听(+1) 403-561-7750
FAQ
What caused Oak Woods Acquisition Corporation (OAKU) to receive a Nasdaq notification?
What is the deadline for OAKU to submit its compliance plan to Nasdaq?
Will OAKU be immediately delisted from Nasdaq due to this notification?
What is the maximum extension period OAKU could receive from Nasdaq?
Who is the current CEO of Oak Woods Acquisition Corporation?
