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Oak Woods Acquisition Corporation Class A ( (OAKU) ) has provided an announcement.
On March 4, 2026, Oak Woods Acquisition Corporation disclosed that it received an additional staff determination letter from Nasdaq stating the company had failed to pay required listing fees under Nasdaq Listing Rule 5250(f), putting it out of compliance with fee obligations. This new deficiency will be considered by a Nasdaq Hearings Panel alongside earlier listing issues in an upcoming hearing on the company’s continued listing status, where Oak Woods plans to address the unpaid fees as part of broader efforts to remain on The Nasdaq Capital Market.
The additional non-compliance cited by Nasdaq heightens the risk that Oak Woods’ securities could be delisted, which may reduce liquidity for shareholders and limit the company’s access to public capital markets. The company’s intention to resolve the outstanding fees and related concerns at the hearing underscores the importance of meeting all listing standards to maintain its exchange listing and protect stakeholder interests.
More about Oak Woods Acquisition Corporation Class A
Oak Woods Acquisition Corporation is a special purpose acquisition company whose securities are listed on The Nasdaq Capital Market. As a blank-check company, it was formed to effect a merger, share exchange, asset acquisition, share purchase or similar business combination, rather than to operate an existing business in a specific industry.
Average Trading Volume: 15,468
Technical Sentiment Signal: Buy
Current Market Cap: $33.93M
For a thorough assessment of OAKU stock, go to TipRanks’ Stock Analysis page.