Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or

Standard; Transfer of Listing.

Notice of Delisting and Hearings Panel Appeal

On September 4, 2020, Apex Global Brands Inc. (the "Company") received a notice from Nasdaq indicating that subsequent to the Company's reverse stock split on September 2, 2020, the Company is no longer in compliance with the minimum 500,000 publicly held shares requirement, Listing Rule 5550(a)(4). The notice indicates that the Nasdaq Hearings Panel will consider this matter in their decision regarding the Company's continued listing on The Nasdaq Capital Market.

The Company has submitted additional information regarding the Company's plans to regain compliance to the Nasdaq Hearings Panel for their consideration.


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