Jun. 19 at 1:37 AM
Akanda disclosed that it received a Nasdaq deficiency notice for failing to meet the minimum shareholders’ equity requirement of
$2.5 million under Listing Rule 5550(b)(1). The cannabis company reported negative shareholders’ equity of approximately
$12 million as of Dec. 31, 2025, and Nasdaq also determined it does not meet alternative continued-listing standards based on market value or net income from continuing operations.
The notice does not immediately affect trading of Akanda’s shares. The company has until July 31, 2026, to submit a compliance plan and could be granted up to 180 additional days to regain compliance if Nasdaq approves the proposal. Akanda said it plans to file a compliance strategy within the required timeframe and is evaluating several alternatives to address the listing deficiency.
$AKAN