Real Messenger receives non-compliance letter from Nasdaq

Real Messenger (RMSG) announced that it received a notification letter from The Nasdaq Stock Market dated April 6, notifying the Company that, based on the reported stockholders’ equity of $1,110,873 of the Company as reported in its unaudited interim financial report on Form 6-K filed with the SEC on March 31, it was no longer in compliance with the minimum stockholders’ equity requirement for continued listing on the Nasdaq Capital Market. Nasdaq Listing Rule 5550 requires listed companies to maintain stockholders’ equity of at least $2,500,000. The Nasdaq notification does not affect the listing of the Company’s securities at this time. The Company intends to regain compliance within the applicable compliance period and is currently working on a plan including financial projections. If the plan is approved, Nasdaq can grant an extension of up to 180 calendar days from the date of the letter to evidence compliance.