Oak Woods Acquisition Corporation Announces Receipt of Nasdaq Staff Delisting Determination
MWN-AI** Summary
Oak Woods Acquisition Corporation, traded on Nasdaq under the ticker symbols OAKU, OAKUU, OAKUW, and OAKUR, announced on February 11, 2026, that it has received a Staff Delisting Determination letter from Nasdaq. The determination, dated February 5, 2026, follows a prior notification from Nasdaq on August 8, 2025, indicating the Company’s failure to comply with Listing Rule 5550(a)(3), which mandates a minimum of 300 public holders for companies listed on the Nasdaq Capital Market.
Despite being granted an extension to correct this deficiency by February 4, 2026, the Company was unable to demonstrate compliance and thus faces delisting. The letter from Nasdaq also highlights a separate non-compliance issue related to Listing Rule 5620(a), which requires listed companies to hold an annual shareholder meeting within twelve months of their fiscal year-end. As a result of these compliance failures, Nasdaq cannot review any plans for compliance concerning the annual meeting requirement.
The Company has until February 12, 2026, to request a hearing with a Nasdaq Hearings Panel to appeal the delisting decision. If no timely request is made, trading of the Company’s securities will be suspended on February 17, 2026, and Nasdaq will file a Form 25-NSE to officially delist the Company. Oak Woods is evaluating its options, including the possibility of appealing the determination, although there is no guarantee of success in such an appeal.
This situation reflects broader risks and uncertainties that often accompany compliance with exchange listing standards, which have considerable implications for the Company moving forward.
MWN-AI** Analysis
The recent announcement from Oak Woods Acquisition Corporation (Nasdaq: OAKU) regarding its receipt of a Staff Delisting Determination from Nasdaq signals serious concerns for current and prospective investors. As of February 5, 2026, the company failed to meet the requirement of maintaining at least 300 public holders, which, combined with the deficiency in holding an annual shareholder meeting, puts its listing status at risk.
Investors should approach OAKU with caution, given that the company now faces automatic delisting unless it successfully appeals to the Nasdaq Hearings Panel by the upcoming deadline. Although the company has indicated its intent to evaluate options, including a potential appeal, there is a significant degree of uncertainty regarding the outcome. The likelihood of a successful appeal hinges on the company’s ability to prove compliance and regain investor confidence within a limited timeframe.
From a market perspective, the immediate future for OAKU looks precarious. If the appeal fails or is not made, trading will be suspended on February 17, and the company will be removed from listing and registration on Nasdaq. This de-listing process could lead to a drastic decrease in stock liquidity, triggering a sell-off among shareholders.
For current investors, it may be time to assess risk tolerance and consider whether to hold or liquidate positions in anticipation of potential losses. New investors might want to wait until further clarity is established around the company’s future and its ability to navigate these regulatory challenges successfully. Overall, investors should remain vigilant and closely monitor developments regarding OAKU’s appeal and compliance status, as these factors will significantly influence stock performance moving forward.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
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**
What specific steps is Oak Woods Acquisition Corporation OAKU planning to take in the near term to address the non-compliance with Nasdaq Listing Rule 5550(a)(3) regarding public holders?
How does Oak Woods Acquisition Corporation OAKU plan to regain compliance with Nasdaq Listing Rule 5620(a) for holding an annual meeting of shareholders within the required timeframe?
If Oak Woods Acquisition Corporation OAKU decides to request a hearing to appeal the Staff Delisting Determination, how will this impact their current operations and investor confidence?
What potential risks and uncertainties does Oak Woods Acquisition Corporation OAKU anticipate as it navigates the delisting process and seeks to regain compliance with Nasdaq's listing rules?
**MWN-AI FAQ is based on asking OpenAI questions about Oak Woods Acquisition Corporation (NASDAQ: OAKU).
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