DIH Holdings US Inc. filed SEC Form 8-K: Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing, Other Events, Unregistered Sales of Equity Securities
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Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
On November 5, 2025, DIH Holding US, Inc. (the “Company”) received a determination letter from The Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Nasdaq Hearings Panel (the “Panel”) has determined to deny the Company’s request to continue its listing on Nasdaq. Accordingly, the Company’s shares will be delisted from Nasdaq and trading in the Company’s securities will be suspended at the open of trading on November 7, 2025.
As previously disclosed, the Listing Qualifications Staff (“Staff”) of Nasdaq notified the Company that it was not in compliance with Listing Rules 5250(c)(1), 5450(a)(1), 5450(b)(2&3), and 5450(b)(2)(A). A hearing before the Panel on these matters was held on October 16, 2025.
The Company has 15 days after the date of the Panel’s decision to request that the Nasdaq Listing and Hearing Review Council (the “Council”) review the decision, or the Council may, on its own motion, determine to review the Panel’s decision within 45 calendar days after issuance of the written decision. The Company does not intend to request a review of the decision.
As a result of the suspension in trading and delisting, there may be a very limited market in which the Company’s shares are traded. The Company intends to have its securities quoted in the Over-the-Counter market under the same symbols although the Company’s stockholders may find it difficult to sell their shares of the Company and the trading price of the Company’s securities, if any, may be adversely affected.
Item 8.01 Other Events
As previously disclosed in its public filings, the Company and its auditors believe there is substantial doubt about its ability to continue as a going concern. As a result of the Nasdaq delisting described in Item 3.02 hereto, the Company has concluded that sources of additional capital it needs to fund its day to day operations will be unavailable. As such, the Company has determined to suspend its operations while it evaluates all strategic alternatives.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| DIH HOLDING US, INC. | ||
| Date: November 5, 2025 | By: | /s/ Jason Chen |
| Jason Chen | ||
| Chief Executive Officer and Chairman | ||