Electra wins Nasdaq extension to regain US$1 minimum bid price compliance

• Electra Battery Materials received a Nasdaq extension to regain compliance with the US$ 1 minimum bid price requirement by March 15, 2027.
• Failure to cure the deficiency could put its Nasdaq listing at risk, raising financing and liquidity pressure.
• Compliance can be restored if the shares close at or above US$ 1 for at least 10 consecutive business days.
• Electra flagged a reverse stock split as a potential remedy if the bid price does not recover during the extension period.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Electra Battery Materials Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001171843-26-006057), on September 16, 2026, and is solely responsible for the information contained therein.