Farmmi Receives NASDAQ Minimum Bid Price Requirement Extension

Company Update - Farmmi Inc received an additional 180-day compliance period from NASDAQ to meet the minimum bid price requirement of at least $1 00 per share for ten consecutive business days by April 21 2025 [1] Company Overview - Farmmi Inc is an agricultural products supplier processor and retailer established in 1998 specializing in edible mushrooms like Shiitake and Mu Er as well as other agricultural products [2] - The company operates both online and offline sales channels [2] Forward-Looking Statements - The press release contains forward-looking statements regarding future growth prospects and business expectations which are subject to risks and uncertainties [3] - Potential risks include the impact of Covid-19 on customer businesses and disposable income challenges in raising capital fluctuations in earnings and foreign exchange rates and general economic conditions [3] - The company may update forward-looking statements in future filings with the Securities and Exchange Commission and reports to shareholders [3] Contact Information - For further information investors can contact Farmmi Inc's Investor Relations department via phone or email [4]