Village Farms receives Nasdaq non-compliance notice for bid price below $1.00

Village Farms International, Inc.

Nasdaq notified Village Farms on Oct 18, 2024 that its common shares closed below $1.00 from Sept 6 to Oct 17, 2024.
Company has 180 calendar days, until April 16, 2025, to regain compliance by closing at $1.00+ for 10 consecutive days.
If not compliant by April 16, 2025, may qualify for an additional 180 days or face delisting with appeal rights.
Shares continue to trade on Nasdaq Capital Market during the compliance period; no immediate delisting effect.

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