Socket Mobile, Inc. received a notice from Nasdaq on August 24, 2026, indicating non-compliance with Listing Rule 5550(b)(1) due to stockholders' equity of $2,382,624 falling below the $2.5 million minimum requirement. The company also failed alternative standards for market value and net income. Nasdaq granted a 45-day period until October 8, 2026, to submit a compliance plan, with potential extensions available upon acceptance. Trading will continue under symbol SCKT during this process. Socket Mobile, Inc. operates in the technology industry, specializing in mobile data capture and wireless communication solutions.
