DIH Holding US, Inc. received a notice from the Nasdaq Stock Market regarding continued listing requirements.
The company failed to regain compliance with the market value of listed securities threshold.
DIH intends to request a hearing before the Nasdaq Hearing Panel to appeal the delisting notice.
Non-Compliance Notice
Received notice for failing to regain compliance with Nasdaq's market value of listed securities requirements.
Request for Hearing
Intends to request a hearing before the Nasdaq Hearing Panel to present compliance plan and seek an extension.
Uncertainty Ahead
There is no assurance that the Panel will grant continued listing or that compliance can be evidenced within granted time.
- DIH Holding US, Inc. faces the risk of delisting from the Nasdaq Stock Market.
- The company is exploring all options to regain compliance and avoid delisting, including seeking extensions from the Panel.
DIH Holding US, Inc. is navigating challenges related to compliance with Nasdaq listing requirements. The outcome of the hearing before the Nasdaq Hearing Panel will be critical for the company's future listing status on the Nasdaq Stock Market.