AYRO regains Nasdaq minimum bid price compliance; delisting risk resolved

Fabric.AI, Inc.

Nasdaq notified AYRO on Oct 2, 2023 that it regained compliance with Listing Rule 5550(a)(2) (minimum bid price $1.00).
Common stock closed at or above $1.00 for 10 consecutive business days from Sept 18 to Sept 29, 2023.
The Company had received an additional 180-day compliance period expiring Oct 2, 2023.
Nasdaq confirmed the matter is closed; AYRO continues listing on the Nasdaq Capital Market.

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