8-KFiled Jul 12, 8:00 PM ET

Actelis Networks Inc. Announces Nasdaq Delisting

$ASNS · ACTELIS NETWORKS INC

Research Summary

AI-generated summary of this SEC filing

Updated

Actelis Networks Inc. Announces Nasdaq Delisting

What Happened

  • Actelis Networks, Inc. reported (Item 3.01) that The Nasdaq Stock Market LLC issued a press release on July 10, 2026 stating the company’s common stock — which was suspended from Nasdaq trading on April 10, 2026 — will be officially delisted. Nasdaq will file a Form 25‑NSE with the SEC to effect the delisting; the delisting becomes effective ten days after that Form 25‑NSE is filed. The company’s shares currently trade on the OTCQB Venture Market under the symbol “ASNS.”

Key Details

  • Nasdaq press release date: July 10, 2026.
  • Prior trading suspension on Nasdaq: April 10, 2026.
  • Formal delisting mechanism: Nasdaq to file Form 25‑NSE with the SEC; delisting effective 10 days after filing.
  • Current trading venue: OTCQB Venture Market, ticker ASNS.

Why It Matters

  • Delisting from Nasdaq changes where and how easily investors can buy and sell the stock: OTCQB markets tend to have lower liquidity and different reporting/visibility than Nasdaq.
  • The Item 3.01 filing provides notice of the delisting action but does not include new financial results or operational updates; investors should note the exchange change when assessing liquidity, trading risk, and access to quotes and market data.