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Oak Woods Acquisition Corporation Announces Receipt of Continued Listing Compliance Notification from Nasdaq

1. OAKU delayed filing its Quarterly Report to Nasdaq. 2. OAKU has until October 21, 2025, to submit a compliance plan. 3. Nasdaq allows an extension up to 180 days for compliance. 4. The company maintains its listing on Nasdaq for now. 5. Forward-looking statements imply potential operational risks and uncertainties.

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FAQ

Why Bearish?

Historically, companies failing to file timely reports face negative market responses, often leading to price declines.

How important is it?

Timely filing compliance is crucial for investor trust; failure can significantly affect valuations and market perceptions.

Why Short Term?

Immediate concerns over compliance can impact investor confidence and stock price in the near term.

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NDXIXICS&P 500
August 28, 2025 18:00 ET  | Source: OAK WOODS ACQUISITION CORP ONTARIO, CANADA, Aug. 28, 2025 (GLOBE NEWSWIRE) -- On August 22, 2025, Oak Woods Acquisition Corporation (the “Company”) received written notice (the “Notification Letter”) from the Nasdaq Stock Market LLC (“Nasdaq”), which indicated that, as a result of the Company’s delay in filing its Quarterly Report on Form 10-Q for the period ended June 30, 2025 (the “Quarterly Report”), the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Rule”), which requires Nasdaq-listed companies to timely file all required periodic financial reports with the U.S. Securities and Exchange Commission (the “SEC”). The Notice states that the Company has until October 21, 2025, 60 calendar days from the date of the Notification Letter, to submit a plan to regain compliance. If the Nasdaq accepts such plan, the Nasdaq can grant an exception of up to 180 calendar days from the Quarterly Report’s due date, or until February 16, 2026 (the “Compliance Date”), to regain compliance. The Notification Letter does not impact the Company’s listing on The Nasdaq Capital Market at this time.  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: pr@oakwoodsacquisition.com Phone: (+1) 403-561-7750

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