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Socket Mobile Announces Intention to Voluntarily Transition Listing from Nasdaq to the OTCID Market
Socket Mobile, Inc. has announced that its Board of Directors approved a plan to voluntarily withdraw its common stock from The Nasdaq Capital Market and transition to the OTCID Market.
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8-K filing — SOCKET MOBILE, INC. (SCKT)
Filed: 2026-10-27 AccNo: 0000944075-26-000074 Size: 215 KB Item 3.01: Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing Item 7.01: Regulation FD Disclosure Item 9.01: Financial Statements and Exhibits
Shares of companies within the broader technology sector are trading lower after Treasury yields spiked to a 24-year record and the Federal Reserve's September meeting minutes showed officials expect another interest rate hike in 2026. This may cause investors to rotate out of the sector due to economic tightening.