A2Z Cust2Mate Solutions Corp. Receives Nasdaq Deficiency Notification Regarding Annual Meeting
Rhea-AI Summary
A2Z Cust2Mate Solutions (NASDAQ: AZ) received a Nasdaq notification on Jan 13, 2026 for failure to hold an annual shareholder meeting within 12 months of its fiscal year end, citing noncompliance with Nasdaq Listing Rules 5620(a) and 5810(c)(2)(G). The company expects to consult with Nasdaq and currently anticipates holding the annual meeting on March 31, 2026. The company must submit a plan to regain compliance within 45 calendar days. If Nasdaq accepts the plan and meeting date, an exception of up to 180 days from the fiscal year end may be granted, potentially extending compliance until June 29, 2026. The Nasdaq notice does not have any immediate effect on the listing or trading of the company's securities.
Positive
- Company scheduled annual meeting for March 31, 2026
- May receive Nasdaq exception through June 29, 2026
- Nasdaq notice does not affect trading immediately
Negative
- Noncompliance with Nasdaq Rules 5620(a) and 5810(c)(2)(G)
- Must submit a compliance plan within 45 calendar days
- No assurance Nasdaq will accept the plan or restore compliance
Key Figures
Market Reality Check
Peers on Argus
AZ fell 5.48% while peers were mixed: TRAK +0.36%, MTLS +1.27%, LAW +0.74%, but BZAI -6.22% and EGHT -3.3%, indicating a stock-specific move tied to the Nasdaq notice rather than a sector-wide trend.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Jan 14 | Business expansion | Positive | +0.8% | Launch of Retail Media Division to monetize in-store smart cart data. |
| Jan 12 | Commercial contract win | Positive | +1.9% | Orders for 2,000 smart carts with 60-month fees and $15M minimum value. |
| Jan 07 | Share repurchase | Positive | +3.1% | Board-approved $20M buyback funded from existing cash and equivalents. |
| Jan 05 | Partnership expansion | Positive | +13.5% | Smart cart rollout with Migros targeting Q3 2026 and chain-wide scaling. |
| Jan 02 | Leadership change | Neutral | +4.9% | Chairman stepped down; CEO became Interim Chairman during search for new chair. |
Recent company-specific news (commercial wins, buyback, leadership change) all saw positive price reactions, showing a pattern of constructive responses to growth and capital allocation updates. Today’s regulatory-compliance setback contrasts with that otherwise favorable news flow.
Over early January 2026, A2Z Cust2Mate announced several positive developments: a deepened Migros partnership and planned smart cart rollout, a $20 million share repurchase program, toy retail expansion with a minimum $15 million contract value, and a new Retail Media Division. Each event produced a positive next-day move. Today’s Nasdaq deficiency notice introduces a compliance overhang against this otherwise growth-focused trajectory.
Market Pulse Summary
This announcement centers on a Nasdaq deficiency notice for not holding an annual meeting within the required timeframe, with A2Z planning a March 31, 2026 meeting and having 45 days to submit a compliance plan. Investors may weigh this procedural risk against recent positive developments such as the $20 million buyback and new commercial wins. Key factors to watch include Nasdaq’s response, any granted exception period, and timely execution of the proposed meeting.
Key Terms
Nasdaq Listing Qualifications Staff regulatory
Nasdaq Stock Market regulatory
AI-generated analysis. Not financial advice.
The Company expects to consult with Nasdaq regarding whether holding the annual meeting, currently anticipated for March 31, 2026, will restore compliance with the Nasdaq Listing Rule 5620(a) and 5810(c)(2)(G) or whether Nasdaq will require any additional action. There can be no assurance that Nasdaq will accept the Company's compliance plan or that the Company will regain compliance within any exception period that may be granted. The Company has 45 calendar days to submit a plan to regain compliance. If Nasdaq does accept the Company's proposed plan and meeting date, then Nasdaq may grant an exception of up to 180 calendar days from the fiscal year end, or until June 29, 2026, to regain compliance.
The Nasdaq letter has no immediate effect on the listing or trading of the Company's securities on the Nasdaq stock market.
About A2Z Cust2Mate Solutions Corp.
A2Z Cust2Mate Solutions Corp. (NASDAQ: AZ) creates innovative solutions for complex challenges that bring innovation, ease, excitement and value to retailers and shoppers. The company's flagship innovative smart cart solutions are transforming brick-and-mortar retail, bridging online and in-store shopping through interactive technology that guides and informs customers. Cust2Mate's AI-driven smart carts personalize every in-store journey, turning routine trips into engaging, rewarding experiences. They enable seamless in-cart scanning and payment, allowing shoppers to bypass checkout lines while receiving real-time customized offers and product recommendations. This enhanced customer experience boosts satisfaction and loyalty while helping retailers streamline operations and optimize merchandising through data-driven insights. The carts are equipped with multiple layers of security for accurate recognition and transaction integrity. Its modular, all-in-one detachable panels transform legacy shopping cart fleets into intelligent platforms that deliver a range of benefits.
For more information on A2Z Cust2Mate Solutions Corp. and its subsidiary, Cust2Mate Ltd., please visit: www.cust2mate.com.
Forward Looking Statements
Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "will", "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, statements regarding the Company's intent to submit a compliance plan to Nasdaq, the timing of an annual meeting of shareholders, and the Company's expectations regarding regaining compliance with Nasdaq's listing rules., and other matters detailed in reports filed by the Company with the Securities and Exchange Commission.
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SOURCE A2Z Cust2Mate Solutions Corp.
FAQ
Why did A2Z Cust2Mate (AZ) receive a Nasdaq deficiency notification on Jan 13, 2026?
When is A2Z Cust2Mate (AZ) expecting to hold its annual meeting to address the Nasdaq notice?
What deadline does A2Z Cust2Mate (AZ) have to submit a plan to Nasdaq?
How long could Nasdaq grant AZ to regain compliance if it accepts the plan?
Will the Nasdaq deficiency notice stop AZ shares from trading on Nasdaq?
What are the investor implications if Nasdaq does not accept AZ's compliance plan?
