Akanda Corp. has received a Nasdaq notification that it fails to meet the minimum $2.5 million stockholders' equity requirement for continued listing on the Nasdaq Capital Market. The notice, dated June 16, 2026, follows the company's reported stockholders' equity of negative $11,990,437 in its annual report for the fiscal year ended December 31, 2025, and Nasdaq also determined the company does not satisfy alternative standards based on market value of listed securities or net income from continuing operations. The notification has no immediate effect on the listing, and Akanda has until July 31, 2026, to submit a compliance plan, with the possibility of a 180-day extension if the plan is accepted. The company intends to submit a plan within the deadline and is evaluating options to regain compliance.
Akanda CorpCompany received Nasdaq deficiency notice for failing to meet minimum stockholders' equity requirement, with negative equity reported.