Oak Woods Faces Nasdaq Compliance Notification

An announcement from Oak Woods Acquisition Corporation Class A ( (OAKU) ) is now available.

On May 27, 2025, Oak Woods Acquisition Corporation received a notification from Nasdaq due to a delay in filing its Quarterly Report for the period ended March 31, 2025, which resulted in non-compliance with Nasdaq’s listing rules. The company has 60 days to submit a compliance plan and is working to complete the audit review process, with no impact on its current Nasdaq listing. Additionally, the company has extended its deadline for completing a business combination to June 28, 2025, following shareholder approval and timely deposits by its sponsor.

More about Oak Woods Acquisition Corporation Class A

Oak Woods Acquisition Corporation is a blank check company organized to facilitate mergers, capital stock exchanges, asset acquisitions, or similar business combinations with one or more entities. The company has been involved in a merger agreement with Huajin (China) Holdings Limited and has extended its deadline for completing a business combination multiple times.

Average Trading Volume: 3,352

Technical Sentiment Signal: Strong Buy

Current Market Cap: $63.14M

For an in-depth examination of OAKU stock, go to TipRanks’ Stock Analysis page.