Socket Mobile falls below Nasdaq $2.5 million stockholders’ equity minimum, risks delisting notice - SCKT News | RalliesSocket Mobile falls below Nasdaq $2.5 million stockholders’ equity minimum, risks delisting notice
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SCKT• Nasdaq compliance shortfall and next steps
- 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.
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