Zephyr Industries Receives Nasdaq Notification Regarding Minimum Bid Price Requirement

Fitell Corporation Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Requirement

Fitell Corporation (Nasdaq: FTEL), a leading provider of innovative solutions for the healthcare industry, today announced that it has received a notification from the Nasdaq Stock Market LLC, indicating that the Company's common stock is not in compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5450.

As a result of this notification, Fitell Corporation has been given 180 calendar days, or until October 1, 2025, to regain compliance with the minimum bid price requirement. If the Company's common stock fails to meet the minimum bid price requirement by October 1, 2025, it will be subject to delisting from the Nasdaq Capital Market.

Fitell Corporation is actively exploring all available options to address this issue and is working diligently to regain compliance with the minimum bid price requirement. The Company will provide updates on its progress in the coming weeks and months.

Fitell Corporation's Chief Executive Officer, [CEO's Name], stated, "We are committed to maintaining our listing on the Nasdaq Capital Market and are taking all necessary steps to ensure our compliance with the minimum bid price requirement. We are confident that our efforts will be successful and that our common stock will continue to be listed on the Nasdaq Capital Market."

About Fitell Corporation Fitell Corporation is a leading provider of innovative solutions for the healthcare industry. The Company's products and services are designed to improve patient outcomes, reduce healthcare costs, and enhance the overall quality of care. Fitell Corporation is headquartered in [City, State], and its common stock is listed on the Nasdaq Capital Market under the ticker symbol FTEL. For more information, please visit our website at [Company Website].