Groowe Groowe BETA / Newsroom
⏱ News is delayed by 15 minutes. Sign in for real-time access. Sign in

Akanda Corp. Regains Compliance with Nasdaq Periodic Filing Requirement Ready to Announce with Confidence?

newsfilecorp.com
AKAN Akanda Corp. has regained compliance with Nasdaq's periodic filing requirement, which is a positive operational step. However, the article poses a question about their readiness to announce with confidence, suggesting a degree of uncertainty about future performance or announcements.

Akanda Corp. Regains Compliance with Nasdaq Periodic Filing Requirement Ready to Announce with Confidence? Toronto, Ontario--(Newsfile Corp. - June 12, 2026) - Akanda Corp. (NASDAQ: AKAN) (the "Company" or "Akanda"), today announced that on June 10, 2026, it received written notice from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") confirming that the Company has regained compliance with Nasdaq Listing Rule 5250(c)(1), which requires listed companies to timely file all required periodic financial reports with the U.S. Securities and Exchange Commission (the "SEC").

On May 20, 2026, Nasdaq notified the Company that it was not in compliance with Nasdaq Listing Rule 5250(c)(1) as a result of its failure to file its Annual Report on Form 20-F for the fiscal year ended December 31, 2025 (the "Form 20-F"). On June 9, 2026, the Company filed the Form 20-F with the SEC. Accordingly, Nasdaq has determined that the matter is closed.

-Ends-

For further information contact:

AKANDA CORP. GENERAL ENQUIRIES

E: ir@akandacorp.com

About Akanda Corp.

Akanda Corp., through its cannabis subsidiary with operations in Canada, is seeking to cultivate and distribute high-quality cannabis and wellness products that improve lives. Its mission is to provide safe, reliable, and accessible cannabis products to consumers worldwide while promoting sustainable business practices.

First Towers & Fiber Corp., a wholly-owned subsidiary of Akanda Corp., is focused on tower development and operating its 700+km fiber optic network in the attractive wireless market of Mexico, with an intention to expand to other Latin American countries.

Forward-Looking Statements

The information in this press release includes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements regarding expectations, hopes, beliefs, intentions, or strategies regarding the future. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. The words "anticipate," "believe," "contemplate," "continue," "could," "estimate," "expect," "forecast," "intends," "may," "will," "might," "plan," "possible," "potential," "predict," "project," "should," "would" and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements in this press release may include the risks and uncertainties described in Akanda's filings from time to time with the SEC. Akanda undertakes no obligation to revise or update any forward-looking statements, except as required by applicable laws or regulations, to reflect events or circumstances after the date of this press release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/301241

Source: Akanda Corp

Analyst, journalist, or company stakeholder? Sign up to receive news releases by email for Akanda Corp or all companies in the Health, Cannabis Cultivator, Cannabis Manufacturer, Cannabis industry.

Akanda Corp. Regains Compliance with Nasdaq Periodic Filing Requirement

2026-06-12 8:00 AM EDT

Akanda Corp. Announces Receipt of NASDAQ Noncompliance Letter

2026-05-22 4:30 PM EDT

Akanda Corp. Announces Cancellation of Special Meeting

2026-05-22 2:00 PM EDT

Dec 16, 2025

What makes a press release rise above the rest? We analyzed the most successful press releases of 2025 to see what caught attention and why. This year’s review looks at total views from human readers and AI systems across the top five hundred public company press releases distributed through TMX Newsfile in 2025. These views come from all of Newsfile’s general distribution channels, such as Yahoo and Apple. They reflect how audiences discovered and engaged with each announcement. Key Insights...

Economy, Business and Finance

Health

Health

Cannabis Cultivator

Cannabis Manufacturer

Cannabis