On August 22, 2024, Aclarion, Inc., a company listed on the Nasdaq Stock Market, received a notification from Nasdaq indicating non-compliance with the minimum stockholders' equity requirement for continued listing. Specifically, Aclarion did not meet the Nasdaq Listing Rule 5550(b)(1), which mandates a minimum of $2,500,000 in stockholders' equity. The company's Form 10-Q for the period ending June 30, 2024, showed stockholders' equity of $1,642,177. Despite this, Aclarion's common stock will remain listed and traded on Nasdaq, provided the company meets other listing requirements. Aclarion has until August 29, 2024, to appeal Nasdaq's determination to avoid suspension of trading starting September 3, 2024. The company plans to take necessary actions to regain compliance and remain listed on Nasdaq, and is currently exploring options to address the equity deficiency. The receipt of the non-compliance letter does not impact Aclarion's business operations or SEC reporting obligations. The report was signed by John Lorbiecki, Chief Financial Officer of Aclarion, Inc.

On August 22, 2024, Aclarion, Inc., a company listed on the Nasdaq Stock Market, received a notification from Nasdaq indicating non-compliance with the minimum stockholders' equity requirement for continued listing. Specifically, Aclarion did not meet the Nasdaq Listing Rule 5550(b)(1), which mandates a minimum of $2,500,000 in stockholders' equity. The company's Form 10-Q for the period ending June 30, 2024, showed stockholders' equity of $1,642,177. Despite this, Aclarion's common stock will remain listed and traded on Nasdaq, provided the company meets other listing requirements. Aclarion has until August 29, 2024, to appeal Nasdaq's determination to avoid suspension of trading starting September 3, 2024. The company plans to take necessary actions to regain compliance and remain listed on Nasdaq, and is currently exploring options to address the equity deficiency. The receipt of the non-compliance letter does not impact Aclarion's business operations or SEC reporting obligations. The report was signed by John Lorbiecki, Chief Financial Officer of Aclarion, Inc.