Richtech Robotics receives Nasdaq delisting notice for bid price below $1.00

RICHTECH ROBOTICS INC.

Nasdaq notified Richtech Robotics on Oct 25, 2024, that bid price closed below $1.00 for 30 consecutive days.
Company has until April 23, 2025 to regain compliance with minimum $1.00 closing bid for 10 consecutive days.
If not cured, Richtech may qualify for an additional 180-day grace period if it meets other listing standards.
Failure to cure or qualify could lead to delisting, subject to appeal.

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