Gryphon Digital Mining receives Nasdaq non-compliance notice for MVLS below $35M

American Bitcoin Corp.

Nasdaq notified Gryphon on Sept 13, 2024 that MVLS fell below $35M minimum from July 31 to Sept 12, 2024.
Company has 180 days (until March 12, 2025) to regain compliance by having MVLS ≥$35M for 10 consecutive business days.
No immediate impact on GRYP trading on Nasdaq Capital Market; company evaluating options to regain compliance.
If not compliant by deadline or fails to qualify under alternative standard, Nasdaq will issue delisting notice; company may appeal.

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