Actelis Networks, Inc. Delisted from Nasdaq, to Trade on OTC Markets

Actelis Networks, Inc. received a determination from the Nasdaq Hearings Panel to delist its common stock from The Nasdaq Capital Market. This decision follows the Company's non-compliance with Nasdaq's minimum bid price requirement, despite a presented plan to regain compliance. Trading suspension is effective April 10, 2026. The Company plans to have its shares quoted on the OTC Markets, with an application to trade on the OTCQB Venture Market. Actelis is also evaluating options to relist on Nasdaq. The delisting is expected to not impact the Company's operations, and it will remain a reporting company with the SEC. The company is focused on executing its growth strategy and supporting an orderly trading environment for its shareholders during this transition.