|8-KFeb 20, 5:05 PM ET

RCI HOSPITALITY HOLDINGS, INC. 8-K

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RCI Hospitality (RICK) Receives Nasdaq Notice Over Delinquent 10-K/10-Q

What Happened
RCI Hospitality Holdings, Inc. (RICK) announced it received a Nasdaq Listing Qualifications notice on February 18, 2026, saying the company is not in compliance with Nasdaq Listing Rule 5250(c)(1) for failing to file its Annual Report on Form 10-K for the fiscal year ended September 30, 2025 and its Quarterly Report on Form 10-Q for the quarter ended December 31, 2025. The company says it intends to regain compliance by filing the missing reports as soon as practicable.

Key Details

  • Notice received from Nasdaq on February 18, 2026 for failure to file Form 10-K (FY2025) and Form 10-Q (quarter ended Dec 31, 2025).
  • RCI has until March 31, 2026 to submit a plan to Nasdaq to regain compliance.
  • If Nasdaq accepts the plan, it can grant up to 180 calendar days from the 10-K due date (until June 29, 2026) for the company to become current.
  • The Nasdaq notice does not have any immediate effect on the listing of RCI’s common stock; the company may appeal if a plan is rejected.

Why It Matters
Failing to file required SEC reports can raise short-term risks for investors, including regulatory scrutiny and potential delisting proceedings if compliance is not restored. The March 31, 2026 deadline is the next material date to watch: the company must file its missing reports or submit an acceptable compliance plan to avoid escalation. Continued updates and the timing of the actual filings will be the key developments for shareholders.