Apollomics receives Nasdaq notification regarding minimum bid price

Apollomics Inc. announced that on January 16, 2024, it received a notification from The Nasdaq Stock Market LLC stating that the company is not in compliance with the requirement to maintain a minimum closing bid price of $1.00 per share, as set forth in Nasdaq Listing Rule 5550(a)(2), because the closing bid price of the company’s Class A ordinary shares, par value $0.0001 per share, was below $1.00 per share for 30 consecutive business days. The Notice has no immediate effect on the listing of the Ordinary Shares, and the Ordinary Shares continue to trade on the Nasdaq Capital Market under the symbol “APLM.”