secwatch.observer — SEC 8-K summary
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Issuer:     ACTELIS NETWORKS INC (ASNS)
CIK:        0001141284
Form:       8-K
Filed at:   2024-04-02T23:59:59+00:00
Accession:  0001213900-24-029066
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Nasdaq determines to delist Actelis Networks for equity rule non-compliance; hearing requested
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- Received delist letter on March 27, 2024 for failing Nasdaq minimum $2.5M stockholders' equity requirement.
- Company timely requested a hearing before Nasdaq Hearings Panel, staying delisting pending hearing and potential extension.
- Company will present plan to regain compliance; no assurance Nasdaq will accept plan or that compliance will be regained.
- Non-compliance originally disclosed Aug 25, 2023; compliance deadline Feb 21, 2024 was not met.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1141284/000121390024029066/0001213900-24-029066-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1141284/000121390024029066/ea0203036-8k_actelis.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-029066

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