Announcement • May 25
Akanda Corp. Announces Receipt of Nasdaq Non-Compliance Letter Akanda Corp. announced that the Company is not in compliance with the periodic filing requirements for continued listing set in 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 with the Securities and Exchange Commission by the required due date. The Company intends to file the Form 20-F as soon as practicable. The Company is required to submit a plan, by July 19, 2026, which outlines the steps the Company expects to take to regain compliance. If Nasdaq accepts the Company's plan, Nasdaq can grant an exception of up to 180 calendar days from the due date of the Form 20-F, or until November 16, 2026, to regain compliance. However, there can be no assurance that Nasdaq will accept the Company's plan to regain compliance or that the Company will be able to regain compliance within any extension period granted by Nasdaq. The Nasdaq Notice has no immediate effect on the listing or trading of the Company's common shares, though Nasdaq makes available to investors a list of non-compliant companies, which will include Akanda beginning on approximately May 28, 2026. As part of this process, an indicator reflecting the Company's non-compliance will be broadcast over Nasdaq's market data dissemination network and will also be made available to third party market data providers. If the Company fails to timely regain compliance, the Company's common shares will be subject to delisting from Nasdaq. Announcement • May 03
Akanda Corp. announced delayed 20-F filing On 05/01/2026, Akanda Corp. announced that they will be unable to file their next 20-F by the deadline required by the SEC. New Risk • Apr 19
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (21% average weekly change). Shareholders have been substantially diluted in the past year (over 15x increase in shares outstanding). Revenue is less than US$1m (US$837k revenue). Market cap is less than US$10m (US$1.89m market cap). Minor Risk Latest financial reports are more than 6 months old (reported June 2025 fiscal period end).