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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report
(Date of earliest event reported): November 19, 2025
Oak Woods Acquisition Corporation
(Exact name of
registrant as specified in its charter)
| Cayman Islands |
|
001-41664 |
|
N/A |
(State or other jurisdiction
of incorporation) |
|
(Commission File Number) |
|
(IRS Employer
Identification No.) |
101 Roswell Drive,
Nepean, Ontario,
K2J 0H5, Canada
(Address of principal
executive offices, including zip code)
Registrant’s
telephone number, including area code: (+1) 403-561-7750
Not Applicable
(Former name
or former address, if changed since last report)
Check the appropriate
box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following
provisions:
| ☐ | Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ☐ | Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ☐ | Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ☐ | Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered
pursuant to Section 12(b) of the Act:
| Title of each class |
|
Trading Symbol(s) |
|
Name
of each exchange on which registered |
| Units, each consisting of one Class A Ordinary Share, one Right and one Redeemable Warrant |
|
OAKUU |
|
The
Nasdaq Stock Market LLC |
| |
|
|
|
|
| Class A Ordinary Shares, par value $0.0001 per share |
|
OAKU |
|
The
Nasdaq Stock Market LLC |
| |
|
|
|
|
| Rights, each right entitling the holder to one-sixth of one Class A Ordinary Share |
|
OAKUR |
|
The
Nasdaq Stock Market LLC |
| |
|
|
|
|
| Warrants, each warrant exercisable for one Class A Ordinary Share for $11.50 per share |
|
OAKUW |
|
The
Nasdaq Stock Market LLC |
Indicate by
check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of
this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☒
If an
emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for
complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
Item 3.01. Notice
of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
On
November 19, 2025, Oak Woods Acquisition Corporation (the “Company”) received a letter (the “Notice”)
from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that the
Company no longer meets the minimum standard for Nasdaq Listing Rule 5550(b)(2), which requires listed companies on the Nasdaq Capital
Market to maintain a minimum Market Value of Listed Securities (“MVLS”) of $35 million. The notification letter stated that
the Company’s MVLS had been below $35 million for the last 30 consecutive business days from the date of the letter, and, as a result,
the Company no longer meets this continued listing requirement. The Nasdaq letter also noted that the Company does not meet the additional
requirements under Nasdaq Listing Rules 5550(b)(1) and 5550(b)(3) relating to minimum shareholder equity or net income standards.
In
accordance with Nasdaq Listing Rule 5810(c)(3)(C), the Company has been provided a compliance period of 180 calendar days, until May 18,
2026, to regain compliance. To regain compliance, the Company’s MVLS must close at $35 million or more for a minimum of ten consecutive
business days, at which time Nasdaq would provide written confirmation that the Company has regained compliance. Nasdaq may, at its discretion,
require such compliance to be maintained for up to 20 consecutive business days, as permitted under Nasdaq Listing Rule 5810(c)(3)(H).
The
Notice has no immediate effect on the listing of the Company’s securities listed on The Nasdaq Capital Market.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
| 104 |
|
Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURE
Pursuant to
the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
| Dated: December 1, 2025 |
|
| |
|
| OAK WOODS ACQUISITION CORPORATION |
|
| |
|
|
| By: |
/s/ Lixin Zheng |
|
| Name: |
Lixin Zheng |
|
| Title: |
Chief Executive Officer |
|
2