The transfer follows a deficiency notice dated March 17, 2026 the Company received regarding the minimum bid price requirement under Nasdaq Listing Rule 5450(a)(1) (the "Minimum Bid Price Rule"). On September 16, 2026, the Company received written notification from Nasdaq advising the Company that it had been granted an additional 180 calendar days, or until March 15, 2027, to comply with the Minimum Bid Price Rule in connection with its application to transfer its listing to the Nasdaq Capital Market.

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