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 August 3, 2026, the registrant (“Giftify” or the “Company”), received a notice from 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…
Filed Aug 7, 2026Accepted Aug 7, 2026, 4:00 PM EDTCIK 1760233Accession 0001493152-26-036559
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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
August 3, 2026, the registrant (“Giftify” or the “Company”), received a notice from 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. If still deficient, Nasdaq may grant an additional
180-day period, provided other listing criteria (e.g., minimum market value of publicly held shares, shareholders’ equity) are
met.