5E Advanced Materials receives Nasdaq bid price deficiency notice; 180 days to regain compliance

5E Advanced Materials, Inc.

Nasdaq notified 5E on Sept 12, 2024 that FEAM common stock closed below $1.00 for 30 consecutive business days.
Compliance period ends March 11, 2025; requires $1.00 closing bid for 10 consecutive days.
Stock continues trading on Nasdaq Global Select under symbol FEAM with no immediate delisting.
Company may transfer listing to Nasdaq Capital Market or seek reverse stock split to regain compliance.
No assurance of regaining compliance; delisting could follow if requirements not met.

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