Electra Receives Extension from NASDAQ to Resolve Minimum Price Requirement

Electra Battery Materials Corporation has been granted a 180-calendar-day extension until March 15, 2027, to regain compliance with Nasdaq's $1.00 minimum bid price requirement. The company must achieve a closing bid price at or above US$1.00 for 10 consecutive business days to regain compliance. The extension does not affect current trading or operations, and the company indicated it may pursue a reverse stock split if necessary to meet the requirement.