Actelis Networks, Inc. announced compliance with Nasdaq’s equity requirement and extension to meet bid price requirement. Special shareholder meeting on November 7 to seek approval for reverse stock split. If compliance is regained by December 5, company will remain subject to Panel Monitor until October 2026. CEO Tuvia Barlev confident in sustaining compliance and regaining bid price requirement. Actelis Networks specializes in hybrid fiber-copper networking solutions for IoT applications and offers cyber monitoring for edge devices. Forward-looking statements caution against placing undue reliance on achieving objectives and expectations. Contact Arx Investor Relations for more information.

Read more at GlobeNewswire: Actelis Receives Notice from Nasdaq Confirming Compliance