ACTELIS NETWORKS INC 8-K

What Happened
Actelis Networks, Inc. (ASNS) announced on February 11, 2026 that Nasdaq's Listing Qualifications Department has determined to delist the company’s common stock for failing to maintain the minimum $1.00 bid price required under Nasdaq Listing Rule 5550(a)(2). The company received a written delisting notice and has the right to request a hearing before the Nasdaq Hearing Panel.

Key Details

• Nasdaq determined the company failed to maintain a minimum bid price of $1.00 per share for 30 consecutive business days (Nasdaq Listing Rule 5550(a)(2)).
• On February 11, 2026, Actelis requested a hearing before the Nasdaq Hearing Panel, which stays any suspension or delisting action while the hearings process (or any Panel extension) is pending.
• The company said it will present a plan to regain compliance with the bid price rule and seek to remain listed, but stated there is no assurance it will regain or maintain compliance with Nasdaq requirements.

Why It Matters
A Nasdaq delisting determination can materially affect liquidity, the ability to trade on Nasdaq, and investor confidence. The requested hearing pauses any immediate delisting, giving Actelis time to present a compliance plan; however, investors should note the company has not guaranteed it can cure the deficiency. Monitor further filings and the hearing outcome for concrete steps (e.g., reverse split, business changes, or other measures) and any updates on trading status.