Cuentas receives Nasdaq extension to April 6, 2023 to regain bid price compliance

Cuentas Inc.

Received formal notification from Nasdaq Hearings Panel granting continued listing extension through April 6, 2023.
Company must evidence compliance with minimum bid price rule (Listing Rule 5550(a)(2)) by that date.
Previously received delist determination in December 2022; hearing held February 9, 2023.
No assurance that compliance will be achieved or that a further extension will be granted.

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