Urgent.ly Inc. has announced that it has received a notification from The Nasdaq Stock Market LLC regarding its noncompliance with the minimum requirement for continued listing on the Nasdaq Capital Market. The company’s net income from continuing operations has fallen below the threshold set by Nasdaq Listing Rule 5550(b). As a result, Nasdaq has indicated that Urgent.ly will be subject to delisting. The company has requested an appeal hearing, which has temporarily stayed the delisting action, contingent upon demonstrating compliance with the listing rule by March 16, 2026. However, Urgent.ly confirmed that it did not regain compliance by the deadline. Consequently, Nasdaq has issued a letter confirming that trading of the company’s common stock will be suspended at the open of trading on March 18, 2026. The delisting will be effective 10 days after Nasdaq files a Form 25 Notification of Delisting with the Securities and Exchange Commission. Following the delisting, Urgent.ly plans to have its shares quoted on the OTC Markets Group, Inc. and has submitted an application to trade on the OTCQB Venture Market. The company’s transition to the OTC is not expected to affect its business operations significantly. Urgent.ly will continue to remain a reporting company under the Securities Exchange Act of 1934 until the consummation of the merger with Agero, Inc. and any related transactions. The company will provide further disclosures regarding post-suspension trading as information becomes available.

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