APDN receives Nasdaq delisting notice for bid price non-compliance; plans reverse split

BNB PLUS CORP.

Nasdaq notified APDN on July 12, 2024, that its common stock failed to maintain minimum $1.00 bid price for 30 consecutive business days.
APDN has 180 calendar days, until Jan 8, 2025, to regain compliance by closing at $1.00 for 10 consecutive business days.
If non-compliance continues, APDN may request a second 180-day period by meeting other listing standards and effecting a reverse stock split.
Company intends to implement reverse stock split as required by outstanding Series Warrants unless bid price is regained by Jan 8, 2025.

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