Earlyworks Co., Ltd. Regains Nasdaq Minimum Bid Price Compliance

TL;DR

Earlyworks Co., Ltd. is back in Nasdaq's good graces on bid price, avoiding delisting.

AI Summary

On June 17, 2024, Earlyworks Co., Ltd. announced it has regained compliance with Nasdaq's minimum bid price requirement. The company received a notification letter from The Nasdaq Stock Market, LLC, confirming it now meets the listing rule 5550(a)(2).

Why It Matters

Regaining compliance with the minimum bid price requirement is crucial for Earlyworks Co., Ltd. to maintain its listing on the Nasdaq stock exchange, avoiding potential delisting.

Risk Assessment

Risk Level: low — The filing is a routine notification of compliance with a listing requirement, with no new financial or operational risks introduced.

Key Numbers

• 5550(a)(2) — Nasdaq Listing Rule (The specific rule Earlyworks Co., Ltd. has regained compliance with.)

Key Players & Entities

• Earlyworks Co., Ltd. (company) — The company filing the report and regaining compliance.
• The Nasdaq Stock Market, LLC (company) — The exchange that issued the notification regarding listing compliance.
• June 17, 2024 (date) — The date of the announcement and notification.

FAQ

Key Financial Figures

• $1.00 — rsquo;s ADSs on Nasdaq had traded above $1.00 per ADS for 20 consecutive business day

Filing Documents

• ea0207976-6k_early.htm (6-K) — 12KB
• ea020797601ex99-1_early.htm (EX-99.1) — 8KB
• 0001213900-24-053338.txt ( ) — 21KB

Forward-Looking Statements

Forward-Looking Statements This Form 6-K contains forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can find many (but not all) of these statements by the use of words such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may,” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the United States Securities and Exchange Commission. 1

SIGNATURES

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, thereunto duly authorized. Earlyworks Co., Ltd. Date: June 17, 2024 By: /s/ Satoshi Kobayashi Name: Satoshi Kobayashi Title: Chief Executive Officer and Representative Director (Principal Executive Officer) 2

View Full Filing

View this 6-K filing on SEC EDGAR