Richtech Robotics Inc. has submitted a plan to Nasdaq to regain compliance with its listing rules. The action follows a notice of non-compliance received on May 22, 2026, due to the company's failure to timely file its Quarterly Report on Form 10-Q for the period ended March 31, 2026.
Key Details
- Compliance Issue: Failure to file the Form 10-Q for the quarter ended March 31, 2026, violating Nasdaq Listing Rule 5250(c)(1).
- Action Taken: The company submitted its compliance plan to Nasdaq on July 20, 2026.
- Potential Extension: If Nasdaq accepts the plan, Richtech Robotics may be granted an extension of up to 180 days, or until November 16, 2026, to file the report and regain compliance.
- Contingency: There is no assurance that Nasdaq will accept the company's plan. If rejected, the company may appeal the decision.