Staffing 360 Solutions received a notice on August 13, 2024, indicating that Nasdaq has denied the company's request for continued listing. This decision follows the company's failure to meet the minimum stockholders' equity requirement of $2.5 million for the Nasdaq Capital Market. The Staff determined that the company's plan to regain compliance was insufficient, citing its preliminary nature and lack of a definitive strategy for sustained compliance.Unless appealed by August 20, 2024, the company's securities will be suspended from trading on August 22, 2024, and subsequently delisted. Staffing 360 Solutions intends to request a hearing before the Hearings Panel to appeal this determination, which will temporarily stay the suspension and delisting process. However, there is no assurance that the appeal will be successful or that the company will regain compliance with Nasdaq's listing requirements.

Staffing 360 Solutions received a notice on August 13, 2024, indicating that Nasdaq has denied the company's request for continued listing. This decision follows the company's failure to meet the minimum stockholders' equity requirement of $2.5 million for the Nasdaq Capital Market. The Staff determined that the company's plan to regain compliance was insufficient, citing its preliminary nature and lack of a definitive strategy for sustained compliance.Unless appealed by August 20, 2024, the company's securities will be suspended from trading on August 22, 2024, and subsequently delisted. Staffing 360 Solutions intends to request a hearing before the Hearings Panel to appeal this determination, which will temporarily stay the suspension and delisting process. However, there is no assurance that the appeal will be successful or that the company will regain compliance with Nasdaq's listing requirements.