Aqua Metals (AQMS) received written notification from The Nasdaq Stock Market that the Company has regained compliance with Nasdaq’s minimum bid price requirement for continued listing on the Nasdaq Capital Market and that the matter is now closed. The notification follows our previously announced reverse stock split and a period during which the Company’s common stock maintained a closing bid price at or above $1.00 per share for the requisite number of consecutive trading days. On July 2, 2025, Nasdaq notified the Company that it was not in compliance with Rule 5550(a)(2) of the Nasdaq Listing Rules, as its common stock had traded below $1.00 for 30 consecutive trading days. Aqua Metals appealed the determination and, as announced on July 31, 2025, executed a reverse stock split to regain compliance. Following a review with the Nasdaq Hearings Panel, the Nasdaq staff has confirmed that we have regained compliance with the Nasdaq minimum bid requirement.
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