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Alliance Entertainment regains compliance with Nasdaq minimum bid price rule

Alliance Entertainment Holding announced that on January 19, 2024, the Company received written notice from The Nasdaq Stock Market that for the ten consecutive business days from January 4, 2024, to January 18, 2024, the closing bid price of the Company’s common stock has been at $1.00 per share or greater. Accordingly, Alliance Entertainment has regained compliance with Nasdaq Listing Rule 5550(a)(2).

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