SeqLL receives Nasdaq deficiency notice for bid price below $1.00; 180-day cure period

ATLANTIC INTERNATIONAL CORP.

Received Nasdaq notice on June 21, 2022 for non-compliance with Rule 5550(a)(2); closing bid below $1.00 for 30 consecutive days.
180-day compliance period ends December 18, 2022; must close at $1.00+ for 10 consecutive business days.
If not cured, may qualify for a second 180-day period if other listing standards are met.
Failure to regain compliance could lead to delisting; shares continue trading on Nasdaq Capital Market.
CEO Daniel Jones expressed confidence in future platform developments and stockholder value.

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