Nasdaq notifies Dolphin Entertainment of voting rights violation; extension granted

Dolphin Entertainment, Inc.

Nasdaq found that 2022 and 2024 Amendments to Series C voting rights (3→5→10 votes) violated Listing Rule 5640.
Company proposed to restore Series C voting rights to original three votes per share.
Extension granted until Feb 28, 2025 to obtain shareholder approval and file amendment.
No immediate impact on Nasdaq listing; shares continue trading on Nasdaq.
Company to call special shareholder meeting for vote on Proposed Amendment.

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