Akanda

The Akanda share lost about 18% in after-hours trading after NASDAQ censured the company on June 16, 2026 for failing to comply with listing rule 5550(b)(1). In its annual report for the year ended December 31, 2025, Akanda reported negative shareholders' equity of −11,990,437 US dollars and does not meet any alternative listing standards. The listing has not been suspended for now; the company has until July 31, 2026 (45 days) to submit a plan to cure the deficiency and is evaluating various options to regain compliance. » Más en de.investing.com

Akanda filed its overdue annual report (Form 20-F) with the SEC, thereby meeting Nasdaq’s listing requirements under Rule 5250(c)(1). Nasdaq confirmed compliance on June 10, after having reprimanded the company on May 20 for the missing filing. Subsequently, Akanda’s shares rose about 22% in pre-market trading. » Más en de.investing.com

Akanda is conducting a share consolidation in which every 4.5 issued and outstanding common shares will be converted into one share. The amendment to the articles of incorporation takes effect on April 13, 2026; any resulting fractional shares will be rounded in accordance with the articles. The SEC filing was signed by interim CEO and director Katie Field. » Más en de.investing.com