Announcement • Sep 05
Mobilicom Limited Unveils Its Next-Generation 8-Inch Ground Control Station for Drones & Robotics Mobilicom Limited launched its next-generation 8-inch Controller Pro. This innovative GCS aims to redefine uncrewed vehicle control, addressing the needs of a market currently projected to grow at a CAGR of 22% between 2023 and 2030. Growth in the tactical handheld GCS market for operating small-sized drones, robotics, and loitering munitions is driven by these systems' increasing deployment by governments and enterprises and their use in current global conflicts. Announcement • Jul 24
Mobilicom Regains Compliance with Nasdaq Minimum Bid Price Requirement Mobilicom Limited announced that it has received formal notice from The Nasdaq Stock Market, LLC (“Nasdaq”) stating that the Company has regained compliance with the minimum bid price requirement set in Nasdaq Listing Rule 5550(a)(2). Mobilicom is now in compliance with all applicable listing standards and its American Depositary Shares ("ADSs") will continue to be listed and traded on the Nasdaq Capital Market. The Company was notified by Nasdaq on June 25, 2024, that its ADSs had failed to maintain a minimum bid price of $1.00 for 30 consecutive business days. Nasdaq provided a 180-calendar day period following the date of the notice to regain compliance, or until December 23, 2024. To regain compliance with the minimum bid price requirement, the Company was required to maintain a minimum closing bid price of $1.00 or more for at least 10 consecutive trading days. From July 5, 2024 through July 18, 2024, a period of 10 consecutive trading days, the closing bid price of the Company’s ADSs was greater than $1.00 per share. Announcement • Jun 29
Mobilicom Announces Receipt of Nasdaq Minimum Bid Price Notification Mobilicom Limited (‘Mobilicom’ or the ‘Company’) announced that it has received a notification letter from the Nasdaq Stock Market LLC (‘Nasdaq’). The letter notifies the Company that it is not in compliance with the minimum bid price requirement set forth in Nasdaq Listing Rules for continued listing on the Nasdaq Capital Market, since the closing bid price for the Company's American Depositary Shares (‘ADSs’) listed on the Nasdaq was below USD $1.00 for 30 consecutive trading days. Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of USD $1.00 per share, and Nasdaq Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of 30 consecutive business days. The Notice has no immediate effect on the Company's Nasdaq listing or the trading of its ADSs, and during the grace period, as may be extended, the Company's ADSs will continue to trade on the Nasdaq under the symbol ‘MOB’. In accordance with Listing Rule 5810(c)(3)(A), the Company has a period of 180 calendar days from the date of notification, or until December 23, 2024, to regain compliance with the minimum bid price. If at any time before December 23, 2024 the bid price of the Company's ADSs closes at or above USD $1.00 per share for a minimum of 10 consecutive business days, Nasdaq will provide written notification that the Company has achieved compliance with the minimum bid price requirement. In the event the Company does not regain compliance by December 23, 2024, the Company may be eligible for an additional 180 days to regain compliance if it meets the continued listing requirement for market value of publicly held shares and all other initial listing standards for the Nasdaq Capital Market, with the exception of the minimum bid price requirement. In this case, the Company will need to provide written notice of its intention to cure the deficiency during the second compliance period. The Company will continue to monitor the closing bid price of its ADSs on the Nasdaq between now and December 23, 2024 and seek to cure the deficiency within the prescribed compliance period. The Company's business operations are not affected by the notification letter. If the Company cannot demonstrate compliance by the allotted compliance period(s), Nasdaq's staff will notify the Company that its ADSs are subject to delisting. 
