Vislink receives Nasdaq minimum bid price noncompliance notice; 180-day cure period

Vislink Technologies, Inc.

Notified by Nasdaq on May 20, 2022 for failing to maintain $1.00 closing bid price for 30 consecutive business days.
Has 180-day grace period until November 16, 2022 to regain compliance by closing at $1.00 for 10 consecutive days.
May qualify for an additional 180-day extension if it meets other listing standards aside from bid price.
Company may consider a reverse stock split as a potential remedy to cure noncompliance.
No immediate impact on listing; stock continues trading on Nasdaq Capital Market under VISL.

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