SOCKET MOBILE, INC. (SCKT) Form 8-K — Oct 27, 2026
$SCKTForm 8-KItems 3.01, 7.01, 9.01Filed Oct 27, 2026, 4:59 PM ET0000944075-26-000074Original filing
Socket Mobile (NASDAQ: SCKT) announced on October 27, 2026 that its Board approved a voluntary withdrawal of its common stock from The Nasdaq Capital Market, with delisting expected effective on or about November 19, 2026. The company is currently below Nasdaq's $2.5 million minimum stockholders' equity requirement under Listing Rule 5550(b)(1), having received a deficiency notice on August 24, 2026. Rather than pursue compliance, the Board concluded that Nasdaq's legal, accounting, and listing costs were no longer an optimal use of capital.
Key figures
- Form 25 filing date
- on or about November 9, 2026
- Otc quotation start
- on or about November 19, 2026
- Nasdaq trading cessation
- November 18, 2026
- Minimum stockholders equity requirement
- 2500000
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