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Maris-Tech Announces Receipt of Nasdaq Minimum Bid Price Notification

Globe Newswire•11/11/2026•16:10 ET
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Key Highlights

  • ➤Nasdaq notified Maris-Tech (MTEK) of noncompliance with the $1.00 minimum bid requirement
  • ➤Maris-Tech received 180 days, until May 10, 2027, to regain compliance
  • ➤Nasdaq trading continues uninterrupted for MTEK shares and MTEKW warrants during the grace period
  • ➤Maris-Tech may pursue a reverse share split if the deficiency persists
  • ➤Compliance requires a closing bid of at least $1.00 for 10 consecutive business days

Rehovot, Israel, Nov. 11, 2026 (GLOBE NEWSWIRE) -- Maris-Tech Ltd. (Nasdaq: MTEK, MTEKW) (“Maris-Tech” or the “Company”), a global leader in edge computing, artificial intelligence (“AI”), and video intelligence solutions for defense applications, today announced that it has received a written notice (the “Notice”) from the Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company is not in compliance with the minimum bid price requirement for continued listing set forth in Nasdaq Listing Rule 5550(a)(2), which requires listed securities to maintain a minimum bid price of $1.00 per share. Under Nasdaq Listing Rule 5810(c)(3)(A), the Company has been granted a grace period of 180 calendar days to regain compliance with the minimum bid price requirement. The Notice has no immediate effect on the Company’s Nasdaq listing or the trading of its ordinary shares and publicly traded warrants, and during the grace period, as may be extended, the Company’s ordinary shares and publicly traded warrants will continue to trade on the Nasdaq Capital Market under the symbol “MTEK” and “MTEKW”, respectively.

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