Actelis Networks, Inc. (NASDAQ: ASNS) confirmed that it has met Nasdaq’s $1.00 bid‑price requirement, closing a listing deficiency that had been flagged earlier in the year. The company’s compliance follows a one‑for‑ten reverse stock split that became effective on November 18, 2025, which raised the share price to the minimum level required for Nasdaq Capital Market listing.
The Nasdaq notice indicates that Actelis now satisfies all criteria for continued listing, eliminating the risk of delisting and restoring full access to the exchange’s trading platform. This regulatory milestone is critical for a company that has faced ongoing financial challenges, including declining revenue and net losses in recent quarters.
Actelis’s Q3 2025 revenue fell to $0.64 million, a 75% drop from $2.54 million in Q3 2024, driven by a slowdown in federal government contracts and the non‑recurrence of a large 2024 software and support contract. Net loss for the nine months ended September 30, 2025, was $5.7 million versus $2.6 million in the same period in 2024, reflecting higher operating expenses and foreign‑exchange impacts.
CEO Tuvia Barlev said the company is seeing “good traction and opportunities develop in Federal and MDU markets, despite a soft quarter on the Federal revenue side.” He added that customer bookings were nearly double sequentially to Q2 and that the reorganization is proceeding as planned, with the financial impact expected in Q4 and into early 2026. The comments signal confidence in a turnaround while acknowledging current headwinds.
The market reacted positively to the compliance announcement. After the news, the stock closed at $2.80 and rose to $3.05 in after‑hours trading, an 8.93% increase. The lift was driven by the removal of the delisting threat, which had been a significant concern for investors given the company’s fragile financial position.
Actelis will remain under a one‑year Nasdaq Panel Monitor until December 2026 to ensure continued compliance. Failure to meet the criteria during this period could trigger a delisting determination, underscoring the importance of maintaining the bid‑price threshold.
The reverse split and compliance event are part of a broader restructuring plan that includes cutting operating expenses by 15‑20% heading into 2026. While the company’s revenue trajectory remains weak, the regulatory milestone provides a short‑term buffer that may help preserve liquidity and support future capital‑raising efforts.
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