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AI brief of an SEC Form 8-K · SOCKET MOBILE, INC. (SCKT)

Socket Mobile to move stock from Nasdaq to OTCID Market, trading ends Nov. 18

Neutral Impact 5 of 5 shareholder Written later

Socket Mobile notified Nasdaq on October 27, 2026 that it intends to voluntarily withdraw its common stock from The Nasdaq Capital Market and move quotation to the OTCID Market under the same ticker, SCKT. The company said it was below Nasdaq's $2.5 million minimum stockholders' equity requirement and cited the costs of maintaining a Nasdaq listing; it also said operations and customer commitments will not be affected.

Key points

  • Written notice to Nasdaq delivered October 27, 2026 under Nasdaq Listing Rule 5840(j) and Rule 12d2-2(c)
  • Form 25 expected to be filed on or about November 9, 2026
  • Nasdaq trading expected to cease at market close on November 18, 2026; OTCID quotation expected to begin on or about November 19, 2026
  • Company cited Nasdaq's $2,500,000 minimum stockholders' equity requirement, which it no longer met as of an August 24, 2026 notification

The filing

CompanySOCKET MOBILE, INC. (SCKT)
Form8-K, current report
Filed with the SECOct 27, 2026, 4:59 PM ET
Accession number0000944075-26-000074

Items reported: 3.01 Delisting / Listing Rule Notice7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:29 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 27, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.