Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. On March 24, 2026, the registrant (“Giftify” or the “Company”), received a notice from the Nasdaq Listing Qualifications department of the Nasdaq Stock Market LLC (“Nasdaq”) stating that Listing Rules (the “Rules”), specifically Rule 5550(a)(2), require listed securities to maintain a min…
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Item 3.01Item 3.01 - Notice of Delisting
Item
3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
On
March 24, 2026, the registrant (“Giftify” or the “Company”), received a notice from the Nasdaq Listing
Qualifications department of the Nasdaq Stock Market LLC (“Nasdaq”) stating that Listing Rules (the “Rules”),
specifically Rule 5550(a)(2), require listed securities to maintain a minimum bid price of $1 per share and that for the last 30 consecutive
business days the Company’s closing bid price failed to meet this requirement. Nasdaq advised the Company that under Rule 5810(c)(3)(A)
the Company had 180 calendar days in which to regain compliance if at any time during this 180-day period the closing bid price of the
Company’s shares of common stock were at least $1 for a minimum of ten consecutive business days.
By
letter dated April 27, 2026, Nasdaq notified Giftify that Nadaq’s staff had determined that for the last 10 consecutive
business days, from April 13, 2026, to April 24, 2026, the closing bid price of the Company’s common stock had been at $1.00
per share or greater. On the basis of that determination, Nasdaq advised the Company that the Company has regained compliance with Listing
Rule 5550(a)(2), and on that basis the matter was now closed.