Oak Woods Acquisition Corporation Faces Nasdaq Compliance Issue

Oak Woods Acquisition Corporation has received a notification from Nasdaq that it is not in compliance with Nasdaq Listing Rule 5250(c)(1) due to a delay in filing its Quarterly Report for the period ended June 30, 2025. The company has until October 21, 2025, to submit a plan to regain compliance, with a possible extension to February 16, 2026, if accepted by Nasdaq.

Oak Woods Acquisition Corporation (NASDAQ: OAKU), a special purpose acquisition company (SPAC), has received a notification from Nasdaq regarding non-compliance with listing rules due to a delayed filing of its Q2 2025 Form 10-Q. The company has been granted until October 21, 2025, to submit a compliance plan. If Nasdaq accepts the plan, OAKU could receive an extension until February 16, 2026, to regain compliance [1].

The delayed filing is particularly concerning for a SPAC like Oak Woods, as timely financial reporting is essential during the pre-acquisition phase. Such delays often indicate underlying issues with financial controls, accounting systems, or potentially more serious matters that prevented timely preparation of financial statements.

Investors should note that if Oak Woods fails to submit an acceptable plan or doesn't regain compliance within the extension period, the company faces potential delisting from Nasdaq, which would significantly impact liquidity and investor confidence. The fact that both CEO and CFO roles are held by the same individual (Lixin Zheng) may raise questions about internal controls and governance structure [1].

The notification from Nasdaq regarding Oak Woods Acquisition Corporation's delayed quarterly filing represents a significant compliance issue that investors should monitor carefully. The company has failed to file its Form 10-Q for the period ending June 30, 2025, triggering a violation of Nasdaq Listing Rule 5250(c)(1), which requires timely filing of periodic reports [1].

The company has until October 21, 2025, to submit a plan to regain compliance. If Nasdaq accepts this plan, the company could receive an extension until February 16, 2026, to regain compliance. While the stock remains listed for now, this regulatory deficiency creates uncertainty about the company's operational status [1].

References:
[1] https://www.stocktitan.net/news/OAKU/oak-woods-acquisition-corporation-announces-receipt-of-continued-bodwjrvwh4z3.html