T Stamp receives Nasdaq deficiency letter for low stockholders' equity, faces potential delisting

T Stamp Inc

Nasdaq notified T Stamp on May 30, 2024, that stockholders' equity of $1,543,391 is below the $2,500,000 minimum.
Company has 45 days (until July 15, 2024) to submit a compliance plan to regain compliance.
If plan is accepted, Nasdaq may grant up to 180 additional calendar days to meet the equity requirement.
Company intends to submit a compliance plan and may consider options including an appeal if rejected.

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