Earlyworks Co., Ltd. Appeals Nasdaq Delisting Decision
Ticker: PDC · Form: 6-K · Filed: Sep 23, 2025 · CIK: 1944399
| Field | Detail |
|---|---|
| Company | Earlyworks Co., Ltd. (PDC) |
| Form Type | 6-K |
| Filed Date | Sep 23, 2025 |
| Risk Level | high |
| Pages | 1 |
| Reading Time | 2 min |
| Key Dollar Amounts | $2.5 m |
| Sentiment | neutral |
Sentiment: neutral
Topics: delisting, compliance, appeal
Related Tickers: NASDAQ:ERWS
TL;DR
Earlyworks is fighting to stay on Nasdaq after getting a delisting notice back in May.
AI Summary
Earlyworks Co., Ltd. filed a Form 6-K on September 23, 2025, to report on its ongoing delisting proceedings with the Nasdaq Stock Market. The company received a staff determination letter on May 2, 2025, indicating Nasdaq's intent to delist its securities from the Nasdaq Capital Market. Earlyworks appealed this decision and attended a hearing before the Nasdaq Hearings Panel on June 10, 2025.
Why It Matters
This filing is crucial for investors as it details the ongoing process and potential outcome of Earlyworks Co., Ltd.'s securities being delisted from the Nasdaq Capital Market, which could significantly impact liquidity and trading.
Risk Assessment
Risk Level: high — The company is facing delisting from a major stock exchange, which poses a significant risk to its stock's liquidity and investor confidence.
Key Players & Entities
- Earlyworks Co., Ltd. (company) — Registrant
- Nasdaq Stock Market LLC (company) — Exchange
- May 2, 2025 (date) — Date of delisting determination letter
- June 10, 2025 (date) — Date of Nasdaq Hearings Panel appeal
FAQ
What was the initial notification date for the delisting determination?
The Company received a staff determination letter from Nasdaq on May 2, 2025.
When did Earlyworks Co., Ltd. appeal the delisting decision?
The Company attended a hearing before the Nasdaq Hearings Panel on June 10, 2025, to appeal the delisting.
Which Nasdaq market are Earlyworks' securities listed on?
The company's securities are listed on the Nasdaq Capital Market.
What form is this filing?
This filing is a Form 6-K, Report of Foreign Private Issuer.
What is the principal executive office address of Earlyworks Co., Ltd.?
The principal executive office is located at 5-7-11, Ueno, Taito-ku Tokyo, Japan 110-0005.
Filing Stats: 382 words · 2 min read · ~1 pages · Grade level 12.2 · Accepted 2025-09-23 16:15:01
Key Financial Figures
- $2.5 m — a minimum stockholders’ equity of $2.5 million, subject to certain conditions. O
Filing Documents
- ea0258376-6k_earlyworks.htm (6-K) — 12KB
- ea025837601ex99-1_earlyworks.htm (EX-99.1) — 9KB
- 0001213900-25-090620.txt ( ) — 22KB
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: September 23, 2025 By: /s/ Satoshi Kobayashi Name: Satoshi Kobayashi Title: Chief Executive Officer and Representative Director (Principal Executive Officer) 3