NanoVibronix Receives Extension to Satisfy Nasdaq Price Requirement

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Oct 19, 2022

%3Cb%3ENanoVibronix%2C+Inc%3C%2Fb%3E., (NASDAQ: NAOV), a medical device company utilizing the Company's proprietary and patented low intensity surface acoustic wave (SAW) technology, today announced that on October 17, 2022, a Nasdaq Hearings Panel (the “Panel”) granted the Company’s request for continued listing on The Nasdaq Capital Market (“Nasdaq”), subject to the Company’s satisfaction of certain conditions, including the provision of an update to the Panel on December 15, 2022, regarding the Company’s efforts to evidence compliance with the $1.00 bid price requirement for continued listing on Nasdaq. Following the submission of such update, the Panel will consider the Company’s request for a further extension. The Panel has the authority to grant the Company an extension through February 23, 2023, in accordance with the Nasdaq Listing Rules.