Earlyworks Appeals Nasdaq Delisting Decision
Ticker: PDC · Form: 6-K · Filed: Jun 26, 2025 · CIK: 1944399
| Field | Detail |
|---|---|
| Company | Earlyworks Co., Ltd. (PDC) |
| Form Type | 6-K |
| Filed Date | Jun 26, 2025 |
| Risk Level | high |
| Sentiment | neutral |
Sentiment: neutral
Topics: delisting, appeal, Nasdaq
TL;DR
Earlyworks is fighting to stay on Nasdaq after getting a delisting notice.
AI Summary
Earlyworks Co., Ltd. received a staff determination letter from Nasdaq on May 2, 2025, indicating their securities would be delisted from the Nasdaq Capital Market. The Company attended a hearing on June 10, 2025, to appeal this delisting determination.
Why It Matters
This filing concerns Earlyworks' appeal against Nasdaq's decision to delist its securities, which could significantly impact the liquidity and trading of its stock.
Risk Assessment
Risk Level: high — The company is facing delisting from a major stock exchange, which poses a significant risk to its stock's tradability and investor confidence.
Key Players & Entities
- Earlyworks Co., Ltd. (company) — The company filing the report and appealing the delisting.
- Nasdaq Stock Market LLC (company) — The stock exchange that determined to delist Earlyworks' securities.
- May 2, 2025 (date) — Date Nasdaq notified Earlyworks of the delisting determination.
- June 10, 2025 (date) — Date Earlyworks attended the hearing to appeal the delisting.
FAQ
What was the specific reason Nasdaq initially determined to delist Earlyworks' securities?
The filing does not specify the exact reason for the initial delisting determination, only that a staff determination letter was received.
What is the current status of Earlyworks' appeal hearing?
The filing states that Earlyworks attended a hearing before the Nasdaq Hearings Panel on June 10, 2025, to appeal the delisting determination.
When did Earlyworks receive the notification from Nasdaq regarding the delisting?
Earlyworks received the staff determination letter from Nasdaq on May 2, 2025.
Which Nasdaq market are Earlyworks' securities listed on?
Earlyworks' securities are listed on the Nasdaq Capital Market.
What is the company's principal executive office address?
The company's principal executive office is located at 5-7-11, Ueno, Taito-ku Tokyo, Japan 110-0005.
Filing Details
This Form 6-K (Form 6-K) was filed with the SEC on June 26, 2025 regarding Earlyworks Co., Ltd. (PDC).