AiRWA Inc. Receives Nasdaq Notice for Late Form 10‑K

What Happened
AiRWA Inc. filed an 8‑K on August 28, 2026 disclosing that on August 24, 2026 it received a letter from Nasdaq’s Listing Qualifications Department stating the Company violated Nasdaq Listing Rule 5250(c)(1) by failing to file its Annual Report on Form 10‑K for the period ended April 30, 2026. The Company attributes the delay to the extra time required to consolidate financial results after a significant acquisition and says it expects to file the 10‑K and regain compliance before the October 23, 2026 plan-submission deadline.

Key Details

• Nasdaq letter dated August 24, 2026 cites violation of Listing Rule 5250(c)(1) for a late Form 10‑K.
• AiRWA has 60 calendar days to submit a plan to Nasdaq (plan submission deadline Oct 23, 2026).
• If Nasdaq accepts a plan, it may grant up to a 180‑day extension from the filing due date (through January 25, 2027) to regain compliance.
• Company issued a press release dated August 28, 2026 under Regulation FD; the press release was furnished and not “filed” for Section 18 purposes.

Why It Matters
Failure to timely file an annual report triggers Nasdaq review and could lead to delisting if the company does not regain compliance. AiRWA’s explanation links the delay to post‑acquisition accounting work; management says it expects to meet the plan deadline but provided no assurance it will ultimately regain or maintain compliance. Investors should monitor future filings (the 10‑K and any Nasdaq communications) for updates on compliance status and potential listing implications.