Mannatech Says It Received Written Notification From Nasdaq Listing Qualifications Department About Non-Compliance Of Listing Rule

The Notice has no immediate effect on the listing or trading of the Company’s common stock on The Nasdaq Global Market and the common stock will continue to trade under the symbol “MTEX”.

If the plan is accepted, Nasdaq can grant an extension of up to 180 calendar days from the date of the Notice, or until February 15, 2025, to evidence compliance. If the plan is not accepted, the Company will have the right to appeal and the common stock would remain listed on The Nasdaq Global Market until the completion of the appeal process. To regain compliance, the Company must have stockholders’ equity of at least $10 million.