Actelis Networks Announces Transition to OTC Market Following Nasdaq Delisting Decision
Key Points
- Actelis Networks, Inc. (NASDAQ: ASNS) to be delisted from the Nasdaq Capital Market after a decision by the Nasdaq Hearing Panel.
- Trading on Nasdaq is expected to be suspended at the open of business on April 10, 2026.
- Shares will be quoted on the OTC Markets, with plans to apply for the OTCQB Venture Market.
- The delisting follows Actelis’ non-compliance with Nasdaq’s minimum bid price requirement.
- The company is exploring all available options to regain Nasdaq listing and is committed to maintaining its reporting status with the SEC.
- Management emphasizes the underlying business remains strong and operations are not impacted by the listing change.
- Uncertainty remains regarding the liquidity and trading activity of Actelis shares on OTC Markets.
Detailed Report
Sunnyvale, Calif., April 9, 2026 – Actelis Networks, Inc., a leading provider of cyber-hardened, rapid-deployment networking solutions for IoT and broadband applications, announced today that it will be transitioning its common stock trading from the Nasdaq Capital Market to the OTC Markets. This move comes after the Nasdaq Hearing Panel’s decision to delist Actelis’ shares, which will be suspended from trading on Nasdaq effective at the open of business on April 10, 2026.
The company’s shares are expected to be quoted on the OTC Markets, and Actelis plans to apply for the OTCQB Venture Market, a tier designed for developing and entrepreneurial companies. In parallel, Actelis is evaluating all available options to restore its Nasdaq listing. Importantly, the company assures investors that this transition is strictly related to its trading venue and does not reflect any underlying weakness in its business fundamentals.
Background and Reasons for Delisting
The delisting decision follows previously disclosed non-compliance with Nasdaq’s minimum bid price requirement. Although Actelis presented a plan to regain compliance, the Panel determined not to grant continued listing at this time. The company’s operations are not expected to be impacted by the transition, and Actelis will continue to operate as a reporting company with the U.S. Securities and Exchange Commission (SEC).
Management Commentary
Tuvia Barlev, CEO of Actelis Networks, commented: “This is not the outcome we had sought, but it is important to emphasize that this development is limited to our listing venue and does not reflect the underlying strength of our business. We continue to see demand for our solutions across transportation, government, and critical infrastructure markets, including recent project expansions and deployments. Our focus remains on execution and delivering for our customers, while working on all options to restore our presence on Nasdaq.”
Potential Investor Impact
- The move from Nasdaq to the OTC Market may result in reduced liquidity and trading volume, potentially impacting the share price.
- There is no assurance that an active trading market will be maintained on the OTC Markets or that broker-dealers will continue to make a market in the company’s shares.
- Shareholders should be aware that the company remains focused on its growth strategy and is actively pursuing all necessary actions to regain its Nasdaq listing.
Company Overview
Actelis Networks is recognized for its hybrid fiber, cyber-hardened networking solutions for rapid deployment in wide-area IoT applications, serving sectors such as government, intelligent transportation systems (ITS), military, utility, rail, telecom, and campus networks. Its product portfolio offers fiber-grade performance with the flexibility and cost efficiency of hybrid fiber-copper networks. Through its “Cyber Aware Networking” initiative, Actelis integrates AI-based cyber monitoring and protection for all edge devices, enhancing network security and resilience.
Forward-Looking Statements
This report contains forward-looking statements, including those regarding the company’s plans to regain a Nasdaq listing and maintain operations during the transition. These statements involve risks and uncertainties that could cause actual results to differ materially from those projected, including the risk factors described in the company’s filings with the SEC.
Investor Relations Contact
Disclaimer: The information provided in this article is for informational purposes only and does not constitute investment advice or a recommendation to buy or sell any securities. Investors should conduct their own research and consult with qualified financial advisors before making investment decisions. The company’s future performance and share price may be affected by risks and uncertainties, including those described in its filings with the Securities and Exchange Commission.
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