Akanda Corp. Hit With Nasdaq Non-Compliance Notice Over Late 20-F Filing

Akanda Corp ( (AKAN) ) has shared an update.

On May 20, 2026, Akanda Corp. received notice from Nasdaq that it was non-compliant with listing rules after failing to file its Form 20-F annual report for the year ended December 31, 2025 by the required deadline. The company said it intends to complete the filing as soon as practicable and must submit a compliance plan to Nasdaq by July 19, 2026, with a potential extension to November 16, 2026 if its plan is accepted.

Nasdaq’s notice does not immediately affect trading in Akanda’s shares, though the stock will be flagged as non-compliant on market data feeds and investors’ lists starting around May 28, 2026. If Akanda does not regain compliance within the permitted timeframe, its shares face possible delisting from Nasdaq, adding regulatory and market-risk pressure for shareholders and the company’s dual cannabis and telecom operations.

Separately, Akanda disclosed on May 22, 2026 that it cancelled a special shareholders’ meeting that had been scheduled for May 25, 2026. The company did not provide additional detail on the reasons for the cancellation, leaving investors with uncertainty around any governance or strategic matters that were to be addressed at the meeting.

More about Akanda Corp

Akanda Corp. operates through a cannabis subsidiary in Canada, aiming to cultivate and distribute high-quality cannabis and wellness products globally, with a focus on safe, reliable and accessible offerings. The company also owns First Towers & Fiber Corp., which develops telecom towers and runs a 700+ km fiber network in Mexico’s wireless market, with plans to expand across Latin America.

Average Trading Volume: 2,243,131

Technical Sentiment Signal: Sell

Current Market Cap: $7.75M

For detailed information about AKAN stock, go to TipRanks’ Stock Analysis page.