KWESST Regains Compliance with Nasdaq Minimum Bid Price Requirement

Group 1 - KWESST Micro Systems Inc. has regained compliance with Nasdaq's minimum bid price requirement after achieving a closing bid price of at least USD$1.00 per common share for 10 consecutive business days from April 24, 2025, to May 7, 2025 [1][2] - The listing matter regarding the company's compliance has been closed, allowing its common shares and public warrants to continue trading on Nasdaq under the symbols "KWE" and "KWESW" respectively [2] Group 2 - KWESST develops and commercializes next-generation tactical systems for military and security forces, focusing on digitization for real-time situational awareness and targeting information [3] - The company's product offerings include countermeasures against electronic detection, lasers, and drones, which can operate independently or integrate with existing systems [3] - KWESST also has a proprietary non-lethal product line branded PARA OPSTM, applicable across various segments including law enforcement [3]