Nasdaq Filing Deadline Bears Down on Richtech Robotics Stock
Richtech Robotics shares rose 2.5% to $3.10 early Tuesday as investors awaited a delayed March-quarter report and watched for Nasdaq compliance updates. Nasdaq has given Richtech until July 21 to submit a plan after missing its 10-Q filing, risking delisting if not resolved. The company expects March-quarter revenue of about $1.4 million, up from $1.2 million a year ago, but those figures are still under review.