Robot Consulting Announces Receipt of Nasdaq Delisting Determination and Request to Appeal such Determination Before a Hearings Panel
Key Highlights
- ➤Nasdaq determined to delist Robot Consulting’s ADSs under Listing Rules 5101 and IM-5101-4
- ➤Robot Consulting appealed Nasdaq’s delisting determination to a Hearings Panel on October 23, 2026
- ➤Appeal stays Nasdaq’s suspension and Form 25-NSE filing pending the Panel’s decision
- ➤Existing trading halt remains in effect unless Nasdaq lifts it
- ➤Company says delisting determination has no immediate effect on operations or financial condition
TOKYO, JP / ACCESS Newswire / October 24, 2026 / Robot Consulting Co., Ltd. (Nasdaq:LAWR) ("Robot Consulting" or the "Company"), a Japanese platform service provider focusing on human resource solutions and legal technology, announced it has received a delisting determination from the Listing Qualifications Department (the "Staff") of The Nasdaq Stock Market LLC ("Nasdaq") notifying the Company of the Staff's determination to delist the Company's American Depository Shares ("ADSs") pursuant to Nasdaq Listing Rules 5101 and IM-5101-4.
The Staff's determination is based on concerns regarding historical trading activity in the Company's securities and Nasdaq's belief that certain factors may have made the Company's securities susceptible to manipulation by third parties.
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