Aterian receives 180 days extension from Nasdaq to regain compliance

Aterian announced that it received written notice from The Nasdaq Stock Market granting the Company a 180-day extension, or until April 22, 2024, to regain compliance with Nasdaq’s $1.00 minimum bid price requirement as set forth in Nasdaq Listing Rule 5550. This Notice has no immediate effect on the listing or trading of the Company’s common stock on Nasdaq which will continue to trade under the symbol, “ATER.”