BrÜush announces notice from nasdaq for continued listing

Vancouver, bc / accesswire / october 5, 2023 / bruush oral care inc. (nasdaq:brsh) (the "company"), today announced that it has received a notice from the listing qualifications department of the nasdaq stock market ("nasdaq") on october 2, 2023 that is has been granted an exception for continued listing on the nasdaq. as previously disclosed, the company received a letter from the nasdaq earlier this year notifying the company that based on the company's stockholders' equity as reported in the company's annual report on form 20-f for its fiscal year ended october 31, 2022 filed with the securities and exchange commission on march 10, 2023, the company did not meet the minimum stockholders' equity requirement ("minimum stockholders' equity requirement"), or the alternatives of market value of listed securities or net income from continuing operations for continued listing on the nasdaq capital market under nasdaq listing rule 5550(b)(1) (the "rule").
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