Semilux International Ltd. Receives Nasdaq Delisting Determination

Semilux International Ltd. received a determination letter from Nasdaq on May 19, 2026, indicating an intent to delist the Company's securities from The Nasdaq Capital Market. This follows a prior notification on November 10, 2025, regarding the Company's non-compliance with the minimum bid price rule (Nasdaq Listing Rule 5550(a)(2)). The Company failed to regain compliance by the May 11, 2026 deadline. Nasdaq cited the Company's failure to meet the minimum stockholders' equity requirement and the non-filing of its Form 20-F for the fiscal year ended December 31, 2025, as additional grounds for delisting. The securities are scheduled for delisting on May 26, 2026, unless the Company requests a hearing. Semilux International Ltd. intends to request a hearing before the Nasdaq Hearings Panel and seek a stay of suspension pending the outcome. The Company is actively working to address the identified issues and plans to submit a compliance plan.