Important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include, but are not limited to, the success and timeline of certain commercial developments, the ability of such commercial developments to cause the Company to regain compliance with the minimum bid price requirement, the Company’s ability to meet the criteria for any extension to regain compliance with the minimum bid price requirement and the Nasdaq staff’s decision to grant an extension of the compliance period.
A company listed on the Nasdaq Capital Market may be eligible for an additional 180-day compliance period if it meets the market value of publicly held shares requirement for continued listing and all other initial inclusion requirements for the Nasdaq Capital Market, except for the bid price requirement, and it provides written notice that it intends to regain compliance with the bid price requirement during the second 180-day compliance period, by effecting a reverse stock split if necessary.
If the Company continues to meet all of these criteria on January 28, 2025, it anticipates that the Nasdaq staff would grant the Company an additional 180-day compliance period upon submission of the written notice. About SEALSQ:SEALSQ focuses on selling integrated solutions based on Semiconductors, PKI and Provisioning services, while developing Post-Quantum technology hardware and software products.
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