DIH Holding US, Inc. Receives Notification of Deficiency from Nasdaq Related to Delayed Filing of Quarterly Report on Form 10-Q
Rhea-AI Summary
DIH Holding US (NASDAQ:DHAI) has received a deficiency notice from Nasdaq on August 26, 2025, due to failing to file its Q2 2025 Form 10-Q and FY 2025 Form 10-K. The company has until September 29, 2025 to submit a compliance plan to Nasdaq.
If Nasdaq accepts the plan, DIH could receive up to 180 days (until January 12, 2026) to regain compliance. The company is working with auditors to file the delinquent reports. Currently, there is no immediate impact on DHAI's Nasdaq listing or trading.
Positive
- No immediate impact on Nasdaq listing or trading status
- Company has opportunity to submit compliance plan by September 29, 2025
- Potential 180-day extension available if compliance plan is accepted
Negative
- Failed to file Q2 2025 Form 10-Q on time
- Remains delinquent in filing FY 2025 Form 10-K
- Non-compliance with Nasdaq Listing Rule 5250(c)(1)
- Risk of potential delisting if compliance is not achieved
News Market Reaction
On the day this news was published, DHAI declined 8.96%, reflecting a notable negative market reaction. Our momentum scanner triggered 2 alerts that day, indicating moderate trading interest and price volatility. This price movement removed approximately $1M from the company's valuation, bringing the market cap to $15M at that time.
Data tracked by StockTitan Argus on the day of publication.
NORWELL, Mass., Aug. 29, 2025 (GLOBE NEWSWIRE) -- DIH Holding US, Inc. (“DIH” or the “Company”) (NASDAQ:DHAI) received a notice on August 26, 2025, from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (“Nasdaq”), which stated that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) because it had not filed its Report on Form 10-Q for the period ended June 30, 2025 (the “Form 10-Q”), and because the Company remains delinquent in filing its Form 10-K for the year ended March 31, 2025 (the “Form 10-K” and together with the Form 10-Q, the “Delinquent Reports”), with the Securities and Exchange Commission (“SEC”). Nasdaq Listing Rule 5250(c)(1) requires listed companies to timely file all required periodic financial reports with the SEC.
Under Nasdaq rules, the Company has until September 29, 2025, to submit a plan to regain compliance with respect to these Delinquent Reports. If the Company is unable to file the Delinquent Reports by that date, the Company is permitted to submit a plan of compliance on or prior to that date. If Nasdaq accepts the Company’s plan, then Nasdaq may grant the Company up to 180 days, or January 12, 2026, from the due date for the Form 10-K to regain compliance.
The Company is actively working with its auditors and advisors and intends to file its Delinquent Reports as soon as possible to regain compliance.
The notice has no immediate impact on the listing or trading of the Company’s securities on Nasdaq.
About DIH Holding US, Inc.
DIH stands for the vision to “Deliver Inspiration & Health” to improve the daily lives of millions of people with disabilities and functional impairments through providing devices and solutions enabling intensive rehabilitation. DIH is a global provider of advanced robotic devices used in physical rehabilitation, which incorporate visual stimulation in an interactive manner to enable clinical research and intensive functional rehabilitation and training in patients with walking impairments, reduced balance and/or impaired arm and hand functions. Built through the mergers of global-leading niche technology providers, DIH is a transformative rehabilitation solutions provider and consolidator of a largely fragmented and manual-labor-driven industry.
Caution Regarding Forward-Looking Statements
This press release contains certain statements which are not historical facts, which are forward-looking statements within the meaning of the federal securities laws, for the purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. These forward-looking statements include certain statements made with respect to the business combination, the services offered by DIH and the markets in which it operates, and DIH’s projected future results. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. Forward-looking statements are predictions provided for illustrative purposes only, and projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties that could cause the actual results to differ materially from the expected results. These risks and uncertainties include, but are not limited to: general economic, political and business conditions; the ability of DIH to achieve its projected revenue, the failure of DIH realize the anticipated benefits of the recently-completed business combination and access to sources of additional debt or equity capital if needed. While DIH may elect to update these forward-looking statements at some point in the future, DIH specifically disclaims any obligation to do so.
Investor Contact
Louisa Smith
Investor.relations@dih.com
FAQ
Why did DHAI receive a Nasdaq deficiency notice on August 26, 2025?
What is the deadline for DHAI to submit a compliance plan to Nasdaq?
Will DHAI be delisted from Nasdaq immediately due to the deficiency notice?
How long does DHAI have to regain compliance with Nasdaq requirements?
What reports are currently delinquent for DHAI?
