Hycroft Mining provides update on Nasdaq listing requirements

Hycroft Mining Holding announces that, as anticipated, today it received a notice from Nasdaq indicating the Company’s shares would be delisted on October 12, due to non-compliance with Nasdaq’s minimum bid price requirement as set forth in Nasdaq’s Listing Rule 5550. However, the delisting process will be stayed and the Company’s stock will continue to trade if the Company requests a hearing before the Nasdaq Hearings Panel no later than October 10, 2023. The Company intends to file its hearing request on October 9. The Company is diligently working to regain compliance with the minimum bid price requirement and will provide an update when relevant information becomes available.