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Nasdaq notifies company of delisting determination citing manipulation concerns; firm appeals
LAWRRobot Consulting Co., Ltd.
The Nasdaq Stock Market has determined to delist the Company’s American Depository Shares based on concerns regarding historical trading activity and potential susceptibility to third-party manipulation. The Company filed an appeal with a Hearings Panel on October 23, 2026, which stays the suspension and Form 25-NSE filing pending review. Nasdaq has not alleged wrongdoing by the Company. This event does not immediately impact ongoing business operations or financial condition. Robot Consulting Co., Ltd. is a Japanese platform service provider focusing on human resource solutions and legal technology.