Advanced robotic devices for physical rehabilitation
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DIH Holding US, Inc. Announces Reverse Stock Split of its Series A Common Stock
Globenewswire· 2025-10-16 12:00
Core Points - DIH Holding US, Inc. announced a reverse stock split of its Class A Common Stock at a ratio of 1-for-25, effective October 20, 2025 [1] - The reverse stock split was approved by stockholders on September 25, 2025, and the final ratio was determined by the Board of Directors on September 26, 2025 [1][2] - Following the reverse stock split, the number of outstanding shares will decrease from approximately 52,316,314 to about 2,092,652 [3] Company Overview - DIH aims to "Deliver Inspiration & Health" by providing advanced robotic devices for physical rehabilitation, targeting individuals with disabilities and functional impairments [5] - The company is a global provider of rehabilitation solutions, focusing on interactive devices that enhance clinical research and rehabilitation for patients with mobility and functional challenges [5] - DIH has grown through mergers of leading niche technology providers, positioning itself as a transformative player in a fragmented industry [5]
DIH Holding US, Inc. Clarifies Previous Disclosure Regarding Additional Nasdaq Staff Determination Letter
Globenewswire· 2025-10-02 00:11
Core Points - DIH Holding US, Inc. has received a notice from Nasdaq regarding non-compliance with listing rules, specifically the Bid Price Rule and Reports Rule, which may lead to delisting [1][2] - The Company has requested a hearing to address its non-compliance and has been granted a temporary stay of suspension for 15 days [2] - The Panel has the authority to grant extensions for compliance, with potential periods of up to 180 days for certain rules and 360 days for filing delinquencies [2] Company Overview - DIH Holding US, Inc. aims to "Deliver Inspiration & Health" by providing advanced robotic devices for physical rehabilitation, targeting individuals with disabilities and functional impairments [3] - The Company is a global provider of rehabilitation solutions, focusing on interactive devices that enhance clinical research and rehabilitation for patients with mobility and functional challenges [3] - DIH has emerged through mergers of leading technology providers, positioning itself as a transformative player in a fragmented rehabilitation industry [3]
DIH Holding US, Inc. Receives Additional Nasdaq Staff Determination Letter
Globenewswire· 2025-09-18 20:10
Core Viewpoint - DIH Holding US, Inc. has received a notice from Nasdaq regarding its failure to comply with the Bid Price Rule, which may lead to delisting from the stock market [2][3] Group 1: Compliance Issues - On September 12, 2025, DIH was notified that it failed to regain compliance with Nasdaq Listing Rule 5450(b)(2)(A) after its Class A common stock closed below $1.00 per share for 30 consecutive business days [2] - The company was given a compliance period of 180 days, which ended on September 8, 2025, but did not meet the requirements by that date [2] - DIH has requested a hearing before the Nasdaq Hearing Panel to appeal the delisting notice and has also requested an extended stay of any further action pending the hearing [3] Group 2: Future Plans - At the hearing, the company plans to present its strategy to demonstrate compliance with all applicable listing criteria, including the MVLS Rule, the Bid Price Rule, and the Reports Rule [3] - The Panel has the authority to grant an extension of up to 180 days for compliance with the MVLS and Bid Price Rules, and 360 days for the Reports Rule [3] - The company is exploring all options to regain compliance, but there is no assurance that the Panel will grant the request for continued listing [3] Group 3: Company Overview - DIH aims to "Deliver Inspiration & Health" by providing advanced robotic devices for physical rehabilitation, targeting individuals with disabilities and functional impairments [4] - The company is a global provider of rehabilitation solutions, focusing on interactive devices that aid in clinical research and rehabilitation for patients with mobility and functional challenges [4] - DIH has emerged through the mergers of leading technology providers in a fragmented industry, positioning itself as a transformative player in rehabilitation solutions [4]
DIH Holding US, Inc. Receives Nasdaq Staff Determination Letter
Globenewswire· 2025-09-05 20:30
Core Points - DIH Holding US, Inc. received a notice from Nasdaq indicating it failed to meet the continued listing requirements due to its market value of listed securities falling below the $50 million threshold [2][3] - The company was given a compliance period of 180 days to regain compliance, which expired on September 1, 2025, without the company meeting the necessary criteria [2][3] - DIH plans to request a hearing to appeal the delisting notice, which will temporarily halt any further action for an initial period of 15 days [3] Company Overview - DIH is focused on delivering inspiration and health to improve the lives of individuals with disabilities through advanced robotic devices for physical rehabilitation [4] - The company aims to provide solutions that enable intensive rehabilitation and training for patients with walking impairments and other functional challenges [4] - DIH has emerged as a transformative provider in a fragmented industry through mergers with leading technology providers [4]
DIH Holding US, Inc. Receives Notification of Deficiency from Nasdaq Related to Delayed Filing of Quarterly Report on Form 10-Q
Globenewswire· 2025-08-29 20:30
Company Compliance Issues - DIH Holding US, Inc. received a notice from Nasdaq for non-compliance with Listing Rule 5250(c)(1) due to failure to file its Form 10-Q for the period ended June 30, 2025, and being delinquent in filing its Form 10-K for the year ended March 31, 2025 [1][2] - The company has until September 29, 2025, to submit a plan to regain compliance, and if accepted, may have up to 180 days, or until January 12, 2026, to file the delinquent reports [2] Company Operations - DIH is focused on delivering inspiration and health to improve the lives of individuals with disabilities through advanced robotic devices for physical rehabilitation [4] - The company aims to transform a fragmented industry by providing solutions that enable intensive rehabilitation and training for patients with walking impairments and other functional challenges [4]
DIH Holding US, Inc. Receives Notification of Deficiency from Nasdaq Related to Delayed Filing of Annual Report on Form 10-K
Globenewswire· 2025-08-01 20:30
Company Overview - DIH Holding US, Inc. aims to "Deliver Inspiration & Health" by providing devices and solutions for intensive rehabilitation, targeting individuals with disabilities and functional impairments [4] - The company is a global provider of advanced robotic devices for physical rehabilitation, focusing on interactive visual stimulation to aid clinical research and rehabilitation for patients with walking impairments and reduced balance [4] - DIH has emerged through the mergers of leading niche technology providers, positioning itself as a transformative solutions provider in a fragmented industry [4] Compliance and Reporting - On July 29, 2025, DIH received a notice from Nasdaq indicating non-compliance with Listing Rule 5250(c)(1) due to the failure to file its Annual Report on Form 10-K for the period ended March 31, 2025 [1] - The company has 60 calendar days from the notice date to file the Annual Report, with the option to submit a compliance plan if unable to meet the deadline [2] - If the compliance plan is accepted, DIH may be granted up to 180 additional days to regain compliance [2] - The company is actively working with auditors and advisors to file the Annual Report as soon as possible, and the notice does not have an immediate impact on the listing or trading of its securities [3]