Richtech Robotics Inc. (RR) received a notice from Nasdaq on May 22, 2026, indicating the company is not in compliance with listing rules due to its failure to timely file its Quarterly Report on Form 10-Q for the period ended March 31, 2026. The notice has no immediate effect on the trading of the company's stock, but failure to regain compliance could result in delisting.
Key Details
- Reason for Non-Compliance: Failure to file the Form 10-Q for the quarter ended March 31, 2026, violating Nasdaq Listing Rule 5250(c)(1).
- Compliance Timeline: The company has until July 21, 2026, to submit a plan to regain compliance.
- Potential Extension: If the plan is accepted, Nasdaq may grant an extension of up to 180 days from the filing's due date, or until November 16, 2026, for the company to regain compliance.