05:39 PM EDT, 09/23/2025 (MT Newswires) -- Earlyworks ( ELWS ) said late Tuesday that it has been granted a final extension through Oct. 29, by the Nasdaq Hearings Panel, to regain compliance with listing standards.

The company previously missed the $35 million minimum market value threshold but is seeking compliance under the equity rule, which mandates at least $2.5 million in stockholders' equity, according to a statement.

Earlyworks ( ELWS ) said it is pursuing equity financing initiatives to meet the rule, but a failure to comply by the deadline will result in delisting, it added.

Shares of the company were down 2% in after-hours trading.