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J-Star announces receipt of Nasdaq letter on minimum bid price deficiency

J-Star (YMAT) Holding announced it has received a letter of noncompliance from The Nasdaq Stock Market, dated December 12, 2025, notifying the Company that based on J-Star’s closing bid price for the last 30 consecutive business days, the Company no longer meets the continued listing requirement of Nasdaq, under Nasdaq Listing Rules 5550(a)(2), to maintain a minimum bid price of $1 per share.

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