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 Continued Listing Rule or Standard; Transfer of Listing. As previously disclosed, on March 27, 2026, Fusemachines Inc. (the “Company”) received written notice from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company no longer satisfied Nasdaq Listing Rule 5450(b)(2)(A), which requires the Co…
Fusemachines is a leading provider of AI solutions, offering innovative AI products and services to enterprises. With over a decade of experience, we help enterprises seamlessly integrate AI into their operations, enhancing efficiency, reducing costs, and driving innovation. Our products and services are uniquely supported by a global talent pool, primarily sourced from underserved communities, allowing us to deliver high- quality AI solutions at scale while fulfilling our mission of democratizing AI.
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Item 3.01Item 3.01 - Notice of Delisting
Item
3.01 Notice of Delisting or Failure to Satisfy Continued Listing Rule or Standard; Transfer of Listing.
As
previously disclosed, on March 27, 2026, Fusemachines Inc. (the “Company”) received written notice from the Listing Qualifications
Department of The Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company no longer satisfied Nasdaq Listing Rule
5450(b)(2)(A), which requires the Company to maintain a minimum Market Value of Listed Securities (“MVLS”) of $50,000,000
(the “MVLS Requirement”) for continued listing on The Nasdaq Global Market. In accordance with Nasdaq Listing Rule 5810(c)(3)(C),
Nasdaq provided the Company 180 calendar days, or until September 23, 2026, to regain compliance with the MVLS Requirement.
On
September 24, 2026, Nasdaq notified the Company that, based upon the Company’s continued non-compliance with the MVLS
Requirement as of September 23, 2026, the Company’s securities were subject to delisting from Nasdaq unless the Company
requests a hearing before the Nasdaq Hearings Panel (the “Panel”). The Company plans to timely request a hearing before
the Panel, which request will stay any further suspension or delisting action by Nasdaq at least until a hearing is held and any
extension that the Panel may grant to the Company following the hearing has expired. There can be no assurance that the Panel will
grant the Company’s request for continued listing. Although the Company is considering all available options to regain
compliance with the MVLS Requirement, there can be no assurance that the Company will be able to do so.
Forward-Looking
Statements. This Current Report on Form 8-K contains forward-looking statements within the meaning of the “safe harbor”
provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements generally relate to future
events or future financial or operating performance of the Company. In some cases, you can identify forward-looking statements by terminology
such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,”
“forecast,” “future,” “intend,” “may,” “might,” “plan,” “possible,”
“potential,” “predict,” “project,” “propose,” “seek,” “should,”
“strive,” “will,” or “would” or the negatives of these terms or variations of them or similar terminology.
Specifically, the Company’s statements regarding its intent and ability to regain compliance with Nasdaq’s continued listing
requirements, potential actions to regain compliance, the continued listing of the Company’s securities on Nasdaq, and other similar
statements are forward-looking statements. These statements are subject to risks, uncertainties, and other factors which may be beyond
the control of the Company and could cause actual outcomes to differ materially from those expressed or implied by such forward-looking
statements, including the Company’s ability to improve or sustain its market value of listed securities for the requisite period,
market conditions, and the Company’s financial and operating performance. These and other risks are described more fully in the
Company’s other filings with the Securities and Exchange Commission (the “Commission”), including the Company’s
Registration Statement on Form S-4 (File No. 333-283520) declared effective by the Commission on June 30, 2025, the Company’s Annual
Report on Form 10-K filed with the Commission on March 27, 2026, and other documents the Company files with the Commission from time
to time. The Company undertakes no obligation to update forward-looking statements, except as required by law.
Item
9.01. Financial Statements and Exhibits.
Exhibit Description
Number
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