Assure Holdings Corp.: Nasdaq/NYSE listing notice — Assure Holdings receives Nasdaq equity deficiency notice; faces dual delisting risk

August 16, 2023, Assure Holdings Corp. (the “Company”) received notice from the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) that the Company no longer satisfies the $2.5 million stockholders’ equity requirement for continued listing on The Nasdaq Capital Market, or the alternatives to that requirement - a $35 million market value of listed securities or $500,000 in net income in the most recent fiscal year or two or the last three fiscal years - as required by Nasdaq Listing Rule 5550(b) (the “Equity Requirement”). As with the Bid Price Deficiency

July 25, 2023, following the Company’s failure to maintain a minimum closing bid price of $1.00 per share over the previous thirty consecutive business day period (the “Bid Price Deficiency Letter”), in contravention of Nasdaq Listing Rule 5550(a)(2) (the “Bid Price Requirement”). As previously disclosed, the Company was provided a 180 calendar-day period to regain compliance with the Bid Price Requirement, through January 22, 2024. If the Company does not regain compliance with the Bid Price Requirement by January 22, 2024, the Company would be eligible to request, but may not qualify for, an