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Trading in the securities of Robot Consulting Co., Ltd. (NASDAQ:RBOTC) was halted by The Nasdaq Stock Market on Thursday as the exchange requested additional information from the company, according to a statement provided in a recent SEC filing.
The company reported that on October 28, the U.S. Securities and Exchange Commission (SEC) ordered a temporary suspension of trading in its securities from 4:00 a.m. EDT on October 23 through 11:59 p.m. EDT on November 5. On October 29, Robot Consulting received an information request from Nasdaq and submitted a written response with supporting documents on November 4.
On Thursday, Nasdaq announced a trading halt in Robot Consulting pending further information from the company. As of the date of the report, Robot Consulting stated it had not received any further follow-up requests from Nasdaq and is continuing to monitor the situation.
The company also indicated that its daily operations and client services remain normal and uninterrupted. Robot Consulting said it will make further announcements as appropriate to inform shareholders and the market of any material developments.
All information in this article is based on a statement provided in a press release filed with the SEC.
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