Actelis Networks receives delisting determination from Nasdaq

Actelis Networks (ASNS) received a determination from the Nasdaq Hearings Panel to delist the Company’s common stock from The Nasdaq Capital Market following the Panel review process. Trading of the Company’s common stock on Nasdaq is expected to be suspended at the open of business on April 10, 2026. The Company will have its shares quoted on the OTC Markets and plans to apply for trading on the OTCQB Venture Market, which is designed for developing and entrepreneurial companies. At the same time, the Company is also evaluating all available options in order to relist on the Nasdaq market. The Panel’s determination follows the Company’s previously disclosed non-compliance with Nasdaq’s minimum bid price requirement. While the Company presented its plan to regain compliance, the Panel determined not to grant continued listing at this time. The Company’s operations are not expected to be impacted by the transition, and Actelis continues to operate its business as usual while maintaining its status as a reporting company with the U.S. Securities and Exchange Commission.