On February 18, 2026, RCI Hospitality Holdings, Inc. (NASDAQ:RICK) received, as anticipated, a letter from the Nasdaq Stock Market notifying the Company of its continued noncompliance with Listing Rule 5250(c)(1) requiring the timely filing of reports with the SEC. Nasdaq sent the letter in connection with RCI not yet filing its Form 10-Q for the fiscal 2026 first quarter ended December 31, 2025, and because RCI remains delinquent in filing its Form 10-K for the year ended September 30, 2025. Nasdaq's letter has no immediate effect on the Company's stock listing.

Under Nasdaq's rules, RCI has until March 31, 2026 to file its 10-K and 10-Q or submit a plan to regain compliance. RCI intends to file its 10-K and 10-Q as soon as practicable. If the Company is unable to do so by March 31, 2026, it will submit a compliance plan on or prior to that date. If Nasdaq accepts the plan, the exchange may grant an exception of up to 180 calendar days from the 10-K's due date, or until June 29, 2026.