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Akanda Corp. Restores Nasdaq Compliance After Filing Delayed 2025 Form 20-F

Tipranks - Sat Jun 13, 7:40AM CDT

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Akanda Corp ( (AKAN) ) just unveiled an announcement.

On June 10, 2026, Akanda Corp. received confirmation from Nasdaq that it had regained compliance with Listing Rule 5250(c)(1), which requires timely filing of periodic reports with the U.S. Securities and Exchange Commission. The decision followed Akanda’s June 9, 2026 filing of its overdue Form 20-F for the fiscal year ended December 31, 2025, resolving a deficiency notice issued on May 20, 2026.

The restoration of compliance removes an immediate risk to Akanda’s Nasdaq listing status and provides greater regulatory certainty for investors and counterparties. By closing the filing delinquency, the company stabilizes its capital markets position as it pursues growth in both its Canadian cannabis operations and its Mexican telecommunications infrastructure business.

More about Akanda Corp

Akanda Corp. operates through a cannabis subsidiary in Canada, focusing on cultivating and distributing high-quality cannabis and wellness products to global consumers while emphasizing sustainable practices. The company also owns First Towers & Fiber Corp., which develops telecom towers and operates a 700+ km fiber optic network in Mexico’s wireless market, with plans to expand across Latin America.

Average Trading Volume: 2,313,001

Technical Sentiment Signal: Sell

Current Market Cap: $8.32M

For an in-depth examination of AKAN stock, go to TipRanks’ Overview page.

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