Polar Power gets 180-day Nasdaq extension to Nov 18, 2024 for $1 bid price rule

Polar Power, Inc.

Received Nasdaq notification on May 30, 2024 granting 180 extra days to meet $1.00 minimum bid price.
Compliance deadline extended to November 18, 2024; must close at $1.00+ for 10 consecutive business days.
First deficiency notice was Nov 24, 2023; company met all other listing requirements except bid price.
Plans to actively monitor bid price and consider options to cure the deficiency.

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