Gevo Inc.

09/30/2024 | Press release | Distributed by Public on 09/30/2024 07:01

Material Event Form 8 K

Item 8.01. Other Events.

As previously disclosed, on February 29, 2024, Gevo, Inc. (the "Company") received written notice from the Listing Qualifications Department (the "Staff") of The Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that it had failed to maintain a minimum bid price of $1.00 per share of its common stock over the previous 30 consecutive business days as required for continued listing on The Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(a)(2).

On September 27, 2024, the Company received a letter from Nasdaq notifying the Company that it had regained compliance with Nasdaq Listing Rule 5550(a)(2), because for the 10 consecutive business days from September 13 to September 26, 2024, the closing bid price of the Company's common stock had been at $1.00 per share or greater. Accordingly, the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2) and Nasdaq considers this matter closed.