Advent Technologies receives Nasdaq delist notice over stockholders' equity non-compliance

ADVENT TECHNOLOGIES HOLDINGS, INC.

Nasdaq Staff determined Advent failed to regain compliance with Listing Rule 5550(b)(1) requiring at least $2,500,000 stockholders' equity.
The Company filed its 10-Q on August 12, 2025 but could not reflect sufficient equity adjustment as required by Nasdaq.
Delist determination letter received August 18, 2025; appeal deadline is August 25, 2025 or securities will be delisted August 27, 2025.
Advent intends to appeal the delist determination to a Nasdaq hearings panel to stay delisting actions.
Pending appeal, common stock (ADN) and warrants (ADNWW) will continue trading on Nasdaq.

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