Know Labs receives NYSE American delisting notice for stockholders' equity deficiency

USBC, Inc.

As of June 30, 2024, stockholders' deficit of $4.6M; losses in five most recent fiscal years triggered Sections 1003(a)(ii) and (iii).
Must submit a compliance plan by Oct 27, 2024; deadline to regain compliance by Mar 27, 2026.
Common stock continues trading under KNW with added “.BC” designation; no immediate impact on operations.
Plan will cite expected strategic partnerships and technological progress to support higher valuation and regain compliance.

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