DIH Holding US, Inc. faced potential delisting from Nasdaq due to non-compliance with reporting and bid price rules.
Quiver AI Summary
DIH Holding US, Inc. announced that it has received a notice from Nasdaq indicating it has not regained compliance with the Bid Price Rule, which, along with its failure to file required financial reports, has led to a potential delisting. The company has requested a hearing to address these compliance issues, and in the meantime, Nasdaq has granted a temporary stay on the suspension of DIH's common stock for 15 days. During the hearing, DIH plans to present its strategy for regaining compliance, seeking an extension that may last up to 180 days for certain rules. However, there is no guarantee that Nasdaq will grant the request for continued listing or that compliance can be achieved in the allotted time.
Potential Positives
- The Company has requested a hearing before the Nasdaq Hearing Panel, which has temporarily stayed the suspension of its Common Stock for 15 days, indicating an opportunity to address compliance issues.
- DIH plans to present a compliance plan to the Panel regarding all applicable listing criteria, which reflects proactive efforts to maintain its Nasdaq listing.
- The Panel has the authority to grant an extension of up to 180 days for compliance with certain rules, providing DIH with a potential pathway to regain compliance and strengthen its position on the market.
Potential Negatives
- The company is facing delisting from Nasdaq due to non-compliance with multiple listing rules, which raises concerns about its financial health and operational stability.
- The failure to file required financial reports on time indicates potential management issues or internal struggles, leading to a lack of transparency for investors.
- There is no guarantee that the Nasdaq Hearing Panel will grant the company's request for continued listing or that it can achieve compliance, casting doubt on the company's future on the stock market.
FAQ
What is the recent compliance issue faced by DIH Holding US, Inc.?
DIH received a notice from Nasdaq regarding non-compliance with the Bid Price Rule and Reports Rule, leading to potential delisting.
When did DIH Holding US, Inc. receive the notice from Nasdaq?
The notice was received on September 12, 2025, regarding failure to regain compliance.
What actions is DIH taking in response to the Nasdaq notice?
DIH has requested a hearing with the Nasdaq Hearing Panel and plans to present its compliance strategy.
What is the timeframe for DIH to regain compliance with Nasdaq listing rules?
The Nasdaq Panel can grant an extension of up to 360 days for filing to regain compliance.
What does DIH Holding US, Inc. do?
DIH provides advanced robotic devices for physical rehabilitation, focusing on improving lives of those with disabilities and functional impairments.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$DHAI Hedge Fund Activity
We have seen 8 institutional investors add shares of $DHAI stock to their portfolio, and 8 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ARMISTICE CAPITAL, LLC removed 2,078,000 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $508,902
- XTX TOPCO LTD added 119,994 shares (+inf%) to their portfolio in Q2 2025, for an estimated $29,386
- HRT FINANCIAL LP added 39,382 shares (+203.3%) to their portfolio in Q2 2025, for an estimated $9,644
- UBS GROUP AG added 30,904 shares (+2837.8%) to their portfolio in Q2 2025, for an estimated $7,568
- SUSQUEHANNA INTERNATIONAL GROUP, LLP added 28,524 shares (+inf%) to their portfolio in Q2 2025, for an estimated $6,985
- CITADEL ADVISORS LLC removed 23,878 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $5,847
- BLACKROCK, INC. removed 23,243 shares (-92.0%) from their portfolio in Q2 2025, for an estimated $5,692
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
NORWELL, Mass., Oct. 01, 2025 (GLOBE NEWSWIRE) -- On September 18, 2025, DIH Holding US, Inc. (“DIH” or the “Company”) (NASDAQ:DHAI) issued a press release disclosing that it had received a notice on September 12, 2025, from the Listing Qualifications Staff (“Staff”) of the Nasdaq Stock Market LLC (“Nasdaq”) that it had failed to regain compliance under Nasdaq Listing Rule 5450(b)(2)(A) (the “Bid Price Rule”), so this matter was an additional basis for delisting. The Company is clarifying that since it was not current in filing its Form 10-Q for the period ended June 30, 2025, and Form 10-K for the fiscal year ended March 31, 2025 under Nasdaq Listing Rule 5250(c)(1) (the “Reports Rule”), this matter was also included as an additional basis for delisting in the September 12, 2025 notice. Therefore, the Company needs to address its non-compliance with the Reports Rule with the Nasdaq Hearing Panel (the “Panel”).
The Company has requested a hearing before the Panel, which has stayed the suspension of the Company’s Common Stock for a period of 15 days. In connection with this request, the Company also requested an extended stay of any further action pending the hearing (the “Additional Stay”) due to its non-compliance with the Reports Rule. At the hearing, the Company will present its plan to evidence compliance with all applicable listing criteria, including the MVLS Rule, the Bid Price Rule and the Reports Rule, and request an extension of time. The Panel has the authority to grant the Company an extension of up to 180 days from the date of the Staff’s delist determination for the MVLS and Bid Price Rules and 360 days from the initial filing delinquency. The Company is considering all options available to it to regain compliance with the MVLS Rule, the Bid Price Rule and the Reports Rule; however, there can be no assurance that the Panel will grant the Company’s request for continued listing or that the Company will be able to evidence compliance within the period of time that may be granted by the Panel.
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