Gryphon Digital Mining receives Nasdaq bid price deficiency notice; 180-day cure to March 4, 2025

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Nasdaq notified Gryphon on Sept. 5, 2024 that bid price closed below $1.00 for 30 straight business days, violating Listing Rule 5550(a)(2).
Company has 180 calendar days, until March 4, 2025, to regain compliance by closing at or above $1.00 for 10 consecutive business days.
If not compliant by deadline, Gryphon may qualify for a second 180-day period if it meets other listing standards and intends a reverse stock split.
Common stock continues trading on Nasdaq Capital Market under GRYP; no immediate delisting effect; company will monitor and consider options.

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