Nasdaq Schedules Delisting Hearing for Oak Woods Acquisition Corp

summarizeSummary

Oak Woods Acquisition Corp has received formal notice that its hearing before the Nasdaq Hearings Panel to appeal the delisting determination is scheduled for March 24, 2026.

check_boxKey Events

• Nasdaq Delisting Hearing Scheduled

  The company received formal notice that its appeal hearing before the Nasdaq Hearings Panel is scheduled for March 24, 2026, at 12:00 p.m. Eastern Time.

• Appeal of Delisting Determination

  This hearing follows the Staff Delisting Determination received on February 5, 2026, which was previously disclosed on February 12, 2026.

• Plan to Address Non-Compliance

  Oak Woods Acquisition Corp intends to present a plan to comply with Nasdaq's annual meeting, round-lot holder, and general initial and continued listing requirements.

auto_awesomeAnalysis

This 8-K provides a critical update on Oak Woods Acquisition Corp's ongoing delisting process. Following the Staff Delisting Determination received on February 5, 2026, and previously disclosed on February 12, the company has secured a hearing date with the Nasdaq Hearings Panel for March 24, 2026. While this grants a temporary stay of delisting, the company remains under significant pressure to address its non-compliance issues, including annual meeting and round-lot holder obligations, as well as general listing rules. The outcome of this hearing will be crucial for the company's continued listing on Nasdaq, which is vital given its severe financial distress and multiple prior non-compliance notices.