Smith Micro Software, Inc. Receives Additional Time to Regain Nasdaq Minimum Bid Price Compliance

Smith Micro Software, Inc. (the "Company") received a notice from The Nasdaq Stock Market ("Nasdaq") on December 23, 2025, granting an additional 180 days, until June 22, 2026, to regain compliance with the minimum bid price requirement. The Company was initially notified on June 23, 2025, that it was not in compliance with the $1.00 minimum bid price for continued listing on The Nasdaq Capital Market. The current listing status remains unaffected. The Company is exploring options to regain compliance, including a potential reverse stock split, but there is no assurance of success. The filing also includes standard forward-looking statement disclaimers.