Energous receives Nasdaq delisting notice for non-compliance with $1.00 bid price rule

Energous Corp

Received Nasdaq notice on Aug 29, 2024 that common stock not meeting $1.00 minimum bid price for 30 consecutive business days.
Has until Feb 25, 2025 (180 days) to regain compliance by closing at $1.00+ for 10 consecutive business days.
May be eligible for additional 180-day period if it meets other standards and commits to reverse stock split.
No immediate impact on listing; stock continues to trade under 'WATT'.

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