Hydrofarm receives Nasdaq delisting determination for equity rule; also flagged for bid price non-compliance

HYDROFARM HOLDINGS GROUP, INC.

• On July 2, 2026, Nasdaq determined Hydrofarm did not meet terms of extension to regain compliance with $2.5M minimum stockholders' equity rule.
• Company timely appealed on July 9, 2026, staying any further delisting action pending hearing.
• On July 6, 2026, Nasdaq notified Hydrofarm of non-compliance with minimum bid price of $1 per share for 30 consecutive business days.
• Company has 180-day compliance period for bid price rule; may be eligible for additional time if not regained.
• Company is considering all options but cannot assure regaining compliance or continued listing.