BranchOut Food receives Nasdaq deficiency notice for bid price below $1.00

BranchOut Food Inc.

Nasdaq notice on Aug 12, 2024 for bid price below $1.00 for 30 consecutive business days.
Company has 180-day grace period until Feb 10, 2025 to regain compliance.
To cure, common stock must close at $1.00+ for 10 consecutive business days.
May qualify for additional 180-day grace period if meeting other initial listing standards.
No immediate listing impact; monitoring bid price and considering available options.

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