-+ 0.00%
-+ 0.00%
-+ 0.00%
Socket Mobile falls below Nasdaq $2.5 million stockholders’ equity minimum, risks delisting notice
Share
Listen to the news
Socket Mobile falls below Nasdaq $2.5 million stockholders’ equity minimum, risks delisting notice
  • Nasdaq notified Socket Mobile on Aug. 24, 2026 that it fell out of compliance with the $2.5 million stockholders’ equity rule.
  • Stockholders’ equity was 2,382,624 in the quarterly period ended June 30, 2026, below the Nasdaq Capital Market threshold.
  • Alternative standards were also not met, including $35 million market value of listed securities or required net income from continuing operations.
  • A compliance plan is due within 45 days, by Oct. 8, 2026; Nasdaq can grant up to 180 days to regain compliance.
  • Shares will continue trading on Nasdaq under SCKT while the company pursues a path back into compliance.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Socket Mobile Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000944075-26-000073), on August 28, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending