Captivision announces extension granted by Nasdaq to regain compliance

Captivision (CAPT) announced that it has been informed that the Nasdaq Hearings Panel has granted the Company’s request for continued listing on The Nasdaq Stock Market, subject to certain conditions related to the Company’s ongoing efforts to regain compliance with Nasdaq Listing Rule 5250(c)(1). The Company is working diligently with its independent auditor, KPMG Samjong Accounting, to complete the restatement and re-audit of its financial statements. Captivision expects to file its Annual Report on Form 20-F for the fiscal year ended December 31, 2024, on or before September 30, 2025.