Oak Woods Acquisition Corporation has not filed required financial reports and plans to submit a compliance update by December 10, 2025.
Quiver AI Summary
Oak Woods Acquisition Corporation announced that it received a notice from Nasdaq indicating non-compliance with Listing Rule 5250(c)(1) due to the failure to file its Form 10-Q for the quarter ending September 30, 2025. This follows a previous extension to file a delinquent report for the quarter ending June 30, 2025. Nasdaq has allowed an additional compliance window until February 16, 2026, and the Company must submit a compliance plan addressing both outstanding filings by December 10, 2025. Oak Woods stated it is actively working to resolve these issues and that the Nasdaq notification does not impact its business operations.
Potential Positives
- The company is actively working to resolve its non-compliance with Nasdaq regulations by submitting an updated plan of compliance.
- The ongoing business operations of the company remain unaffected despite the notification from Nasdaq.
- The company has a clear timeline laid out to address the delinquent filings by December 10, 2025, indicating a proactive approach.
Potential Negatives
- Non-compliance with Nasdaq Listing Rule 5250(c)(1) due to failure to file required financial reports raises concerns about the company's financial reporting practices.
- Previous exception for the Form 10-Q filing indicates ongoing issues with timely submissions, which may undermine investor confidence.
- Limited time to submit an updated plan of compliance underlines urgency and could reflect operational challenges within the company.
FAQ
What is the compliance issue with Oak Woods Acquisition Corporation?
Oak Woods is not compliant with Nasdaq Listing Rule 5250(c)(1) due to delayed filings of Form 10-Q for its quarterly reports.
When was the notice from Nasdaq received by Oak Woods?
The notice from Nasdaq was received on November 25, 2025.
What steps is Oak Woods taking to resolve the compliance issue?
Oak Woods is required to submit an updated compliance plan outlining steps to complete the delinquent filings.
What is the deadline for Oak Woods to submit its updated plan?
The updated plan must be submitted to Nasdaq by December 10, 2025.
Does this compliance issue impact Oak Woods' business operations?
No, the Nasdaq notification does not affect the Company’s ongoing business operations.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$OAKU Insider Trading Activity
$OAKU insiders have traded $OAKU stock on the open market 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $OAKU stock by insiders over the last 6 months:
- SECURITIES USA LLC MIZUHO sold 61,100 shares for an estimated $727,701
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$OAKU Hedge Fund Activity
We have seen 4 institutional investors add shares of $OAKU stock to their portfolio, and 11 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- WOLVERINE ASSET MANAGEMENT LLC removed 336,511 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $4,038,132
- TORONTO DOMINION BANK removed 229,017 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $2,748,204
- METEORA CAPITAL, LLC removed 125,000 shares (-29.2%) from their portfolio in Q3 2025, for an estimated $1,500,000
- TABOR ASSET MANAGEMENT, LP removed 120,000 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $1,404,000
- CROSSINGBRIDGE ADVISORS, LLC added 111,100 shares (+7223.7%) to their portfolio in Q3 2025, for an estimated $1,333,200
- MIZUHO SECURITIES USA LLC removed 92,417 shares (-22.3%) from their portfolio in Q3 2025, for an estimated $1,109,004
- KARPUS MANAGEMENT, INC. removed 57,500 shares (-14.1%) from their portfolio in Q3 2025, for an estimated $690,000
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
Nepean, Ontario , Dec. 01, 2025 (GLOBE NEWSWIRE) -- Oak Woods Acquisition Corporation (Nasdaq: OAKU) (“Oak Woods” or the “Company”) today announced that on November 25, 2025 it received a notice from The Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) because it has not yet filed its Form 10-Q for the quarter ended September 30, 2025.
As noted in the letter, the Company had previously been granted an exception until December 12, 2025, to file its Form 10-Q for the quarter ended June 30, 2025 (the “Initial Delinquent Filing”). Nasdaq explained that, due to the additional delinquency, any further exception to regain compliance with all outstanding periodic filings is limited to the period ending February 16, 2026.
In connection with this notification, the Company is required to and will submit to Nasdaq an updated plan of compliance addressing both delinquent filings. The updated plan shall describe the steps the Company is taking to complete the Initial Delinquent Filing, set out its plans to file the September 30, 2025 Form 10-Q, and provide information regarding the progress the Company has made to date. The Company has until December 10, 2025 to submit its updated plan of compliance, or otherwise file the pending reports.
The Company is working diligently to complete the outstanding filings and intends to provide the required updated compliance plan within the timeframe specified by Nasdaq. The Nasdaq notification does not affect the Company’s ongoing business operations.
FORWARD-LOOKING STATEMENTS
This press release contains statements that constitute "forward-looking statements," including with respect to the Company’s initial public offering, the anticipated use of the net proceeds thereof and the Company’s search for an initial business combination. No assurance can be given that the net proceeds of the initial public offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company's registration statement and prospectus for the initial public offering filed with the SEC. Copies are available on the SEC's website, www.sec.gov . The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
Company Contact:
Lixin Zheng
Chief Executive Officer, Chief Financial Officer,
Chairman and Director Oak Woods Acquisition Corp.
Email: [email protected]
Phone: (+1) 403-561-7750
