Oak Woods Acquisition Corporation Announces Receipt of Nasdaq Staff Delisting Determination
Rhea-AI Summary
Oak Woods Acquisition Corporation (Nasdaq: OAKU) received a Staff Delisting Determination from Nasdaq on Feb 5, 2026 after failing to evidence compliance with the minimum 300 public holders requirement and remaining non-compliant with the annual meeting rule.
Nasdaq plans suspension of trading at the opening on Feb 17, 2026 unless the company timely requests a hearing by 4:00 p.m. ET on Feb 12, 2026. A hearing request would stay suspension and the Form 25-NSE filing pending the hearing; the company said it is evaluating options.
Positive
- Company intends to evaluate options including requesting a hearing
- A timely hearing request would stay suspension and delay Form 25-NSE filing
Negative
- Nasdaq determined to delist securities for failure to evidence 300 public holders
- Trading suspension scheduled to begin Feb 17, 2026 absent a hearing request
- Company also non-compliant with annual meeting requirement under Rule 5620(a)
News Market Reaction – OAKU
On the day this news was published, OAKU declined NaN%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
OAKU fell 1.84% while close peers were flat or modestly up (e.g., AFJK +0.81%), indicating the Nasdaq delisting determination is stock-specific rather than sector-driven.
Previous Acquisition Reports
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 01 | Nasdaq delinquency update | Negative | +0.1% | Update on Nasdaq notice for multiple delinquent Form 10‑Q filings. |
| Aug 28 | Nasdaq non‑compliance | Negative | -0.1% | Notification of non‑compliance due to delayed Q2 2025 Form 10‑Q. |
| May 30 | Filing delay notice | Negative | -0.4% | Deficiency notice for delayed Q1 2025 Form 10‑Q and extension window. |
Prior Nasdaq compliance notices tagged as “acquisition” generally saw small price moves, with mostly aligned negative reactions to negative regulatory developments.
Over the past year, Oak Woods Acquisition Corporation has repeatedly reported Nasdaq compliance issues tagged under “acquisition” news. On May 30, 2025, it disclosed a deficiency for delayed Q1 10‑Q filing with up to a November 17, 2025 extension. On August 28, 2025, Nasdaq again cited a late Q2 10‑Q, with potential relief through February 16, 2026. A further update on December 1, 2025 detailed ongoing delinquency risk. Today’s Staff Delisting Determination continues this pattern of escalating Nasdaq compliance pressures.
Historical Comparison
Prior Nasdaq-related “acquisition” tag events moved the stock about -0.14% on average, making today’s -1.84% reaction notably larger than typical past compliance headlines.
Nasdaq interactions progressed from initial 10‑Q filing delays in early 2025 to repeated non‑compliance updates and now a Staff Delisting Determination, marking a clear escalation in listing risk.
Market Pulse Summary
This announcement details a Nasdaq Staff Delisting Determination after Oak Woods Acquisition Corporation failed to regain compliance with the 300 public holder requirement and annual meeting rule. Investors may focus on the tight timeline, including the February 12, 2026 hearing request deadline and potential trading suspension on February 17, 2026. Historical Nasdaq notices have produced modest price moves, so monitoring any appeal, future SEC filings, and exchange communications remains important for understanding ongoing listing risk.
Key Terms
form 25-nse regulatory
nasdaq hearings panel regulatory
forward-looking statements financial
AI-generated analysis. Not financial advice.
Nepean, Ontario, Feb. 11, 2026 (GLOBE NEWSWIRE) -- Oak Woods Acquisition Corporation (Nasdaq: OAKU, OAKUU, OAKUW, OAKUR) (the “Company”) today announced that on February 5, 2026, it received a Staff Delisting Determination letter (the “Letter”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”).
As previously disclosed, on August 8, 2025, Nasdaq notified the Company that it was not in compliance with Nasdaq Listing Rule 5550(a)(3), which requires companies listed on the Nasdaq Capital Market to maintain a minimum of 300 public holders. The Company was subsequently granted an extension until February 4, 2026 to regain compliance.
In the February 5, 2026 Letter, Nasdaq determined that the Company did not satisfy the terms of the extension because it failed to evidence compliance with the minimum 300 public holders requirement. As a result, Nasdaq has determined to delist the Company’s securities from The Nasdaq Stock Market.
Additionally, Nasdaq noted that the Company remains non-compliant with Nasdaq Listing Rule 5620(a), which requires listed companies to hold an annual meeting of shareholders within twelve months of the end of the Company’s fiscal year. Nasdaq stated that because the Company is now subject to a Staff Delisting Determination, Nasdaq is precluded under Listing Rule 5810(c)(2)(A) from reviewing any plan of compliance relating to the annual meeting deficiency. Accordingly, the annual meeting deficiency serves as an additional basis for delisting.
Unless the Company timely requests a hearing before a Nasdaq Hearings Panel by 4:00 p.m. Eastern Time on February 12, 2026, trading of the Company’s common shares, units, warrants, and rights will be suspended at the opening of business on February 17, 2026, and Nasdaq will file a Form 25-NSE with the Securities and Exchange Commission, which will remove the Company’s securities from listing and registration on Nasdaq.
The Company intends to evaluate its available options, including whether to request a hearing to appeal the Staff’s determination. A timely hearing request would stay the suspension of trading and the filing of the Form 25-NSE pending the outcome of the hearing process. There can be no assurance that any appeal would be successful.
FORWARD-LOOKING STATEMENTS
This press release contains statements that constitute “forward-looking statements,” including statements regarding the Company’s ability to request or prevail at a hearing as provided under Nasdaq’s rules, or otherwise submit a compliance plan, Nasdaq’s acceptance of such plan, and the Company’s ability to regain compliance with Nasdaq Listing Rules 5550(a)(3)and 5620(a). Forward-looking statements are subject to numerous risks and uncertainties, many of which are beyond the control of the Company, that could cause actual results to differ materially from those expressed or implied by such statements. The Company undertakes no obligation to update these forward-looking 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 Corporation
Email: pr@oakwoodsacquisition.com
Phone: (+1) 403-561-7750
FAQ
Why did Nasdaq issue a delisting determination for Oak Woods Acquisition (OAKU)?
What is the deadline for Oak Woods (OAKU) to request a hearing to appeal Nasdaq's Feb 5, 2026 determination?
When will trading of Oak Woods (OAKU) be suspended if no hearing is requested?
Does requesting a hearing stop Nasdaq from filing Form 25-NSE for OAKU delisting?
What compliance rules did Oak Woods (OAKU) fail to meet according to Nasdaq?
