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].

Core Viewpoint - Captivision Inc. has been granted continued listing on Nasdaq, contingent upon compliance with specific conditions related to its financial reporting [1][3] Group 1: Company Compliance and Financial Reporting - Captivision is collaborating with independent auditors UHY, LLP and KPMG to restate and re-audit its financial statements, with an expectation to file its Annual Report on Form 20-F for the fiscal year ended December 31, 2024, by September 30, 2025 [2] - The Nasdaq Hearings Panel requires Captivision to provide a status update on audit testing procedures by August 29, 2025, and to demonstrate full compliance with the Periodic Filing Rule by October 15, 2025 [3] Group 2: Company Overview and Innovations - Captivision is a leading manufacturer and global provider of LED solutions, known for its innovative digital display technology and immersive media [4] - The company has developed advanced media glass technology that integrates IT materials with architectural glass, allowing for real-time content delivery on glass surfaces [4] - Captivision's products have been implemented in various global locations, including sports stadiums, entertainment venues, and airports [4]