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The latest announcement is out from DIH Holdings US, Inc Class A ( (DHAI) ).
DIH Holdings US, Inc. is facing potential delisting from the Nasdaq Stock Market due to non-compliance with several listing rules. The company has failed to meet the minimum market value of publicly held shares, market value of listed securities, and bid price requirements, as well as filing deadlines for financial reports. Despite requesting a hearing and an extension to address these deficiencies, there is no assurance that the Nasdaq Hearings Panel will grant the company’s request for continued listing or that it will achieve compliance within the allowed timeframe.
Spark’s Take on DHAI Stock
According to Spark, TipRanks’ AI Analyst, DHAI is a Neutral.
DIH Holdings US, Inc faces significant challenges with negative profitability and equity, compounded by bearish technical indicators and unattractive valuation metrics. The recent board member resignation adds to corporate governance concerns, overshadowing positive cash flow improvements.
To see Spark’s full report on DHAI stock, click here.
More about DIH Holdings US, Inc Class A
Average Trading Volume: 5,741,064
Technical Sentiment Signal: Sell
Current Market Cap: $9.44M
Find detailed analytics on DHAI stock on TipRanks’ Stock Analysis page.