Qualigen receives Nasdaq delisting notice for bid price, late filing, and equity shortfall

AIxCrypto Holdings, Inc.

Closing bid price below $1.00 for 30+ consecutive business days triggers non-compliance with Minimum Bid Price Requirement.
Failure to file Form 10-Q for period ended March 31, 2024 serves as additional delisting basis.
Company failed to meet $2.5M minimum stockholders' equity requirement by May 21, 2024 extension deadline.
Requested hearing on May 30, 2024; automatic 15-day stay; seeks extended stay pending hearing.

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