Captivision, Inc. Announces Additional Extension Granted by Nasdaq to Regain Compliance with Periodic Filing Requirement

Core Viewpoint - Captivision Inc. has received an extension from the Nasdaq Hearings Panel to comply with the Nasdaq Listing Rules, specifically the Periodic Filing Rule, until December 31, 2025 [1][2]. Group 1: Compliance and Audit - Captivision must demonstrate compliance with the Periodic Filing Rule by December 31, 2025, as part of the extension granted by the Nasdaq Hearings Panel [2]. - The company appointed Marcum Asia CPAs LLP as its new independent registered public accounting firm to complete the audit of its 2024 financial statements [2]. - Captivision expects to file its Annual Report on Form 20-F for the fiscal year ended December 31, 2024, within the extension period [2]. Group 2: Company Background - Captivision is a pioneering manufacturer and global provider of LED solutions, specializing in digital display technology and immersive media [4]. - The company has developed innovative media glass technology that integrates IT building materials with architectural glass, allowing for real-time content delivery on glass façades [4]. - Captivision's products have been implemented in various global locations, including sports stadiums, entertainment venues, and airports [5].