Oak Woods Acquisition Corporation Announces Update on Receipt of Nasdaq Filing Delinquency Notification

Rhea-AI Summary

Oak Woods Acquisition Corporation (Nasdaq: OAKU) announced it received a Nasdaq notice on November 25, 2025 reporting non‑compliance with Nasdaq Listing Rule 5250(c)(1) because the company has not filed its Form 10‑Q for the quarter ended September 30, 2025. The company previously had an exception to December 12, 2025 to file the Form 10‑Q for the quarter ended June 30, 2025.

Nasdaq told the company any further exception to regain compliance is limited to the period ending February 16, 2026. Oak Woods must submit an updated plan of compliance by December 10, 2025 or otherwise file the pending reports; the plan must describe steps and progress to complete both delinquent filings. The company said it is working diligently to complete the filings and noted the notice does not affect ongoing business operations.

Positive

• Nasdaq allowed an exception window through February 16, 2026
• Company has a firm deadline to act: updated plan or filings by December 10, 2025
• Company stated it is actively working to complete outstanding filings
• Nasdaq notice stated no effect on the company’s ongoing business operations

Negative

• Non‑compliance with Nasdaq Listing Rule 5250(c)(1) as of November 25, 2025
• Outstanding Form 10‑Q for the quarter ended September 30, 2025
• Previously delinquent Form 10‑Q for quarter ended June 30, 2025 remained unfiled past the granted exception to December 12, 2025
• Company must submit an updated compliance plan addressing both delinquent filings

Insights

Exchange compliance analyst

Nasdaq notice signals regulatory non‑compliance on two overdue 10‑Q filings; company must file an updated compliance plan by December 10, 2025.

In practical terms, Oak Woods Acquisition Corporation faces a formal Nasdaq deficiency for failing to file its Form 10‑Q for the quarter ended September 30, 2025, on top of an earlier delinquent filing for the quarter ended June 30, 2025. Nasdaq has capped any further exception period to the consolidated deadline of February 16, 2026, and requires an updated plan of compliance that explains steps taken, timing to complete the Initial Delinquent Filing, and the timeline to file the September 30, 2025 report.

The immediate dependency is timely submission of the updated plan by December 10, 2025 or filing the outstanding reports. Failure to satisfy Nasdaq’s requirements could expose the company to escalation including suspension or delisting procedures, though the notice itself does not alter day‑to‑day operations. Watch for the actual filings and Nasdaq’s response over the next ~10 weeks; the near term horizon to monitor is filings by December 10, 2025 and any Nasdaq determination by February 16, 2026.

Nepean, Ontario , Dec. 01, 2025 (GLOBE NEWSWIRE) -- Oak Woods Acquisition Corporation (Nasdaq: OAKU) (“Oak Woods” or the “Company”) today announced that on November 25, 2025 it received a notice from The Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) because it has not yet filed its Form 10-Q for the quarter ended September 30, 2025.

As noted in the letter, the Company had previously been granted an exception until December 12, 2025, to file its Form 10-Q for the quarter ended June 30, 2025 (the “Initial Delinquent Filing”). Nasdaq explained that, due to the additional delinquency, any further exception to regain compliance with all outstanding periodic filings is limited to the period ending February 16, 2026.

In connection with this notification, the Company is required to and will submit to Nasdaq an updated plan of compliance addressing both delinquent filings. The updated plan shall describe the steps the Company is taking to complete the Initial Delinquent Filing, set out its plans to file the September 30, 2025 Form 10-Q, and provide information regarding the progress the Company has made to date.  The Company has until December 10, 2025 to submit its updated plan of compliance, or otherwise file the pending reports.

The Company is working diligently to complete the outstanding filings and intends to provide the required updated compliance plan within the timeframe specified by Nasdaq. The Nasdaq notification does not affect the Company’s ongoing business operations.

FORWARD-LOOKING STATEMENTS

This press release contains statements that constitute "forward-looking statements," including with respect to the Company’s initial public offering, the anticipated use of the net proceeds thereof and the Company’s search for an initial business combination. No assurance can be given that the net proceeds of the initial public offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company's registration statement and prospectus for the initial public offering filed with the SEC. Copies are available on the SEC's website, www.sec.gov. The Company undertakes no obligation to update these 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 Corp.

Email: pr@oakwoodsacquisition.com

Phone: (+1) 403-561-7750

FAQ

What did OAKU announce about the Nasdaq filing delinquency on December 2, 2025?

OAKU said it received a Nasdaq notice on Nov 25, 2025 for non‑compliance because it has not filed the Form 10‑Q for Sept 30, 2025, and must submit an updated compliance plan by Dec 10, 2025.

Which periodic filings are delinquent for Oak Woods (Nasdaq: OAKU)?

The company has not filed the Form 10‑Q for June 30, 2025 (exception previously granted to Dec 12, 2025) and the Form 10‑Q for Sept 30, 2025.

What deadline did Nasdaq give OAKU to submit an updated plan of compliance?

OAKU must submit an updated plan of compliance or file the pending reports by December 10, 2025.

How long is the compliance exception window after the new Nasdaq notice for OAKU?

Nasdaq said any further exception to regain compliance is limited to the period ending February 16, 2026.

Does the Nasdaq notice affect Oak Woods’ business operations?

The company stated the Nasdaq notification does not affect its ongoing business operations.

Where can investors find Oak Woods’ filings and registration documents referenced in the notice?

Investors can access filings and the company’s registration statement on the SEC website (www.sec.gov).