ASNS Stock Plunges To All-Time Low After Company Gets Hit With Nasdaq Delisting Notice

• The company said its shares will move to the OTC Markets, with plans to apply for listing on the OTCQB Venture Market.
• Actelis was not eligible for the usual 180-day compliance period because it had already completed a reverse stock split within the past year.
• The company is exploring options to potentially relist on Nasdaq in the future.

Shares of Actelis Networks, Inc. (ASNS) plunged more than 75% to a record low on Thursday after the company said a Nasdaq Hearings Panel decided to delist its common stock following a review process related to compliance issues.

Trading of the ASNS shares is expected to be suspended on April 10, 2026.

The decision comes after Actelis failed to meet Nasdaq’s minimum bid price requirement, and its plan to regain compliance was not accepted. The company said its shares will move to the OTC Markets, with plans to apply for listing on the OTCQB Venture Market.

Actelis said it is also exploring options to potentially relist on Nasdaq in the future.

Actelis Was Not Eligible for The 180-Day Compliance Period

Actelis received a notice from Nasdaq on February 4, stating that its stock could be delisted for failing to maintain a minimum share price of $1 for 30 consecutive business days, according to an SEC filing. The company was not eligible for the usual 180-day compliance period because it had already completed a reverse stock split within the past year.

The company had implemented a 1-for-10 reverse stock split on Nov. 18, 2025, reducing the number of outstanding shares to 1.75 million from 17.5 million.

Actelis then requested a hearing before a Nasdaq panel on Feb. 11, 2026.

“We continue to see demand for our solutions across transportation, government, and critical infrastructure markets, including recent project expansions and deployments, and our focus remains on execution and delivering for our customers, while working on all options to restore our presence on Nasdaq,” said Tuvia Barlev, Chief Executive Officer of Actelis Networks.

Meanwhile, retail sentiment on Stocktwits remained in the ‘bearish’ territory over the past 24 hours.

The stock has declined more than 82% so far this year.

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