Actelis Networks, Inc. has announced that its common stock has officially commenced trading on the OTCQB Venture Market, operated by OTC Markets Group. The transition became effective at the opening of trading on April 24, with the company continuing to trade under the ticker symbol “ASNS.” The move follows Actelis’ previously disclosed transition from Nasdaq Capital Market to OTC Markets, alongside its application to join the OTCQB platform. OTCQB is designed for early-stage and growth-oriented companies that meet specific regulatory and standards set by the U.S. Securities and Exchange Commission.

Tuvia Barlev stated that the shift to OTCQB represents a constructive short-term step for shareholders, offering improved transparency while the company continues to execute its broader growth strategy. He added that Actelis is actively evaluating pathways to regain a listing on Nasdaq while maintaining operational momentum across its core markets, including federal, transportation, utilities, and telecommunications sectors.

OTCQB-listed companies are required to maintain current financial reporting, complete annual management certifications, and meet verification standards. Securities traded on the platform are also recognized as part of an established public market under Rule 144 of the Securities Act, which can facilitate share liquidity under certain conditions.

Actelis emphasized that its business operations remain unchanged following the transition. However, the company noted that there is no guarantee of sustained trading activity on the OTCQB market, continued market-making by broker-dealers, or a defined timeline for a potential return to Nasdaq. The development reflects a transitional phase for Actelis as it seeks to strengthen its market position while exploring future listing opportunities.

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