Socket Mobile receives Nasdaq delisting notice for equity shortfall

SOCKET MOBILE, INC.

Nasdaq notified Socket Mobile on Aug 24, 2026 of non-compliance with Listing Rule 5550(b)(1) requiring $2.5M minimum stockholders' equity.
Stockholders' equity was $2,382,624 as of June 30, 2026, below the required minimum.
Company also fails alternative standards: market value of listed securities <$35M or net income <$500k.
Deadline to submit compliance plan is Oct 8, 2026; Nasdaq may grant up to 180-day extension if plan accepted.
Trading continues on Nasdaq under ticker SCKT; no immediate effect on listing.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.