- Earlyworks Co., Ltd. (ELWS) has been granted a **final extension** by the Nasdaq Hearings Panel until **October 29, 2025**, to regain compliance with Nasdaq Listing Rule 5550(b)(1).  **[1944399_0001213900-25-090620_ea0258376-6k_earlyworks.htm:0]** **[1944399_0001213900-25-090620_ea025837601ex99-1_earlyworks.htm:0]** 
- The company must achieve a **minimum stockholders' equity of $2.5 million** to comply with the rule.  **[1944399_0001213900-25-090620_ea0258376-6k_earlyworks.htm:0]** **[1944399_0001213900-25-090620_ea025837601ex99-1_earlyworks.htm:0]** 
- This extension is the **end of the Panel's discretion**, and failure to regain compliance by the deadline will result in the **delisting** of the company's securities from Nasdaq.  **[1944399_0001213900-25-090620_ea0258376-6k_earlyworks.htm:0]** **[1944399_0001213900-25-090620_ea025837601ex99-1_earlyworks.htm:0]** 
- Earlyworks' American Depositary Shares (ADSs) will **remain listed and tradable** on the Nasdaq Capital Market during this extension period.  **[1944399_0001213900-25-090620_ea025837601ex99-1_earlyworks.htm:0]**

Earlyworks (ELWS)