Oak Woods Acquisition Corporation Class A ( (OAKU) ) has shared an update.
On April 24, 2025, Oak Woods Acquisition Corporation received a notification from Nasdaq regarding non-compliance due to a delay in filing its Annual Report for the year ended December 31, 2024. The company has 60 days to submit a compliance plan, which, if accepted, could extend the deadline to October 13, 2025. This delay does not affect the company’s current Nasdaq listing, and the company is finalizing its audit with no disagreements with auditors. Additionally, the company has extended its deadline for completing a business combination to September 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 effect a merger, capital stock exchange, asset acquisition, or other similar business combination with one or more businesses or entities. The company is involved in a merger agreement with Huajin (China) Holdings Limited and has extended its deadline for completing a business combination multiple times.
YTD Price Performance: 4.18%
Average Trading Volume: 2,917
Technical Sentiment Signal: Sell
Current Market Cap: $67.46M
For detailed information about OAKU stock, go to TipRanks’ Stock Analysis page.