Actelis Networks Inc. is facing potential delisting from the Nasdaq Capital Market after receiving notice from the Nasdaq Listing Qualifications Department. The action follows the company's failure to maintain a minimum bid price of 1.00 per share for 30 consecutive business days, violating Nasdaq Listing Rule 5550(a)(2). Although companies are typically granted a 180-day compliance period, Actelis Networks is ineligible due to a recent 1-for-10 reverse stock split carried out within the past year, as outlined in Nasdaq Listing Rule 5810(c)(A)$(iv). The company plans to request a hearing to appeal the decision, which would temporarily halt any suspension or delisting actions pending the outcome.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Actelis Networks Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-013340), on February 06, 2026, and is solely responsible for the information contained therein.