Corvax, Inc. Receives Nasdaq Compliance Notification and Will Undergo One-Year Monitoring

Corvax, Inc. has received a notification from The Nasdaq Stock Market LLC stating that the company is now in compliance with the Minimum Stockholders' Equity Rule. This follows previous disclosures regarding non-compliance with the minimum stockholders' equity requirement for continued listing on The Nasdaq Capital Market. The company was previously granted an extension until March 30, 2026, to regain compliance. As a result of regaining compliance, Corvex, Inc. will be subject to a Mandatory Panel Monitor for one year, commencing April 7, 2026. During this monitoring period, any non-compliance with Nasdaq Listing Rules found by the Staff will not allow for a compliance plan or additional time to regain compliance. However, the company may request a new hearing with the Panel before any suspension or delisting occurs.