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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