Dogness receives nasdaq notification regarding minimum bid requirements

Plano, texas , march 24, 2023 /prnewswire/ -- dogness (international) corporation ("dogness" or the "company") (nasdaq: dogz), a developer and manufacturer of a comprehensive line of dogness-branded, oem and private label pet products, today announced that on march 23, 2023, it received a letter from the nasdaq stock market llc ("nasdaq"), notifying the company that it is currently not in compliance with the minimum bid price requirement set forth under nasdaq listing rule 5550(a)(2) because the closing bid price of the company's class a common shares was below $1.00 per share for 30 consecutive trading days. this press release is issued pursuant to nasdaq listing rule 5810(b), which requires prompt disclosure of receipt of a deficiency notification.
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