Elutia receives Nasdaq delisting notice for bid price below $1.00

ELUTIA INC.

Received Nasdaq notice on Aug 6, 2026 for closing bid below $1.00 for 30 consecutive business days.
Has 180 days, until Feb 2, 2027, to regain compliance by closing at $1.00+ for 10 consecutive days.
May qualify for additional 180-day period if it meets other listing standards and notifies of reverse stock split intent.
Company intends to monitor bid price and assess options; no assurance of regaining compliance.

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