Simpple receives Nasdaq notifications regarding deficiencies

SIMPPLE (SPPL) announced that it has received letters from the Listing Qualification staff of The Nasdaq Stock Market notifying the Company that the Company does not meet the minimum stockholders’ equity requirement and annual meeting requirement. The Company has been provided with 45 calendar days, or until March 3, 2025, to submit a plan to regain compliance with the minimum stockholders’ equity standard and annual meeting requirement. If the Company’s plan to regain compliance is accepted, Nasdaq may grant an extension of up to 180 calendar days from the date of the notification letters to evidence compliance.