Orion Digital Receives Nasdaq Notification Relating to Minimal Uncover Trace Deficiency

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VANCOUVER, British Columbia — Orion Digital Corp. (NASDAQ:ORIO) (TSX:ORIO) (“Orion Digital” or the “Company”), nowadays offered that on June 25, 2026, it received a written notification (the “Notification Letter”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) indicating that, for the last thirty consecutive enterprise days, the tell ticket for the Company’s frequent shares (the “Shares”) had closed under the minimal US$1.00 per share requirement for continued itemizing on Nasdaq under Nasdaq Listing Rule 5550(a)(2).
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The Notification Letter is most life like a notification of deficiency and has no instantaneous perform on the itemizing or trading of the Shares and the Shares will continue to commerce on Nasdaq under the emblem “ORIO.” The Shares are also listed on the Toronto Stock Substitute and the Notification Letter does no longer non-public an affect on the Company’s compliance station with such itemizing.
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In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company has been equipped an preliminary interval of 180 calendar days, or till December 22, 2026, to secure compliance. The letter states that the Nasdaq workers will present written confirmation that the Company has achieved compliance with Rule 5550(a)(2) if at any time sooner than December 22, 2026, the tell ticket of the Shares closes at US$1.00 per Piece or extra for no longer lower than ten consecutive enterprise days.
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The Company intends to notice the tell ticket of its Shares between now and December 22, 2026, and to non-public in thoughts its accessible recommendations to secure compliance with Nasdaq’s minimal tell ticket rule within the compliance interval. If the Company does no longer secure compliance with Rule 5550(a)(2) by December 22, 2026, and it meets all other itemizing standards and requirements, the Company will be eligible for an extra 180 calendar day compliance interval, self-discipline to decision by the staff of Nasdaq.
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Orion Digital’s enterprise operations are no longer struggling from the receipt of the Notification Letter and the Company intends to unravel the deficiency and secure compliance with the Nasdaq Listing Principles.
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Forward-Searching Statements
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This news free up can also obtain “forward-having a gaze statements” within the meaning of appropriate securities regulations, in conjunction with statements relating to regaining compliance with the Nasdaq Listing Principles and eligibility for an extra compliance interval. Forward-having a gaze statements are necessarily primarily primarily based upon rather about a estimates and assumptions that, while regarded as more cost effective by administration at the time of preparation, are inherently self-discipline to main enterprise, financial, and aggressive uncertainties and contingencies, and can demonstrate to be wrong. Forward-having a gaze statements obtain identified and unknown dangers, uncertainties and other components that can also trigger true financial outcomes, performance, or achievements to be materially different from the estimated future outcomes, performance, or achievements expressed or implied by these forward-having a gaze statements and the forward-having a gaze statements are no longer guarantees of future performance. Orion Digital’s boost, its potential to contrivance higher into restful merchandise and markets and its expectations for its future financial performance are self-discipline to rather about a instances, many of that are outside of Orion Digital’s alter. For an outline of the dangers connected to Orion Digital’s enterprise please refer to the “Threat Components” share of Orion Digital’s present annual data invent and annual document on Accomplish 20-F, that will be found at www.sedarplus.ca and www.sec.gov, respectively. With the exception of as required by regulations, Orion Digital disclaims any responsibility to change or revise any forward-having a gaze statements, whether in consequence of restful data, events, or in every other case.
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About Orion Digital
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Orion Digital Corp.(NASDAQ: ORIO; TSX: ORIO) operates digital wealth and funds infrastructure platforms generating habitual subscription and products and providers income. Its Vivid Investing platform provides digital wealth administration recommendations in Canada, and its wholly owned subsidiary Carta Worldwide provides issuer processing and funds infrastructure at some stage in Europe. The Company also operates a shopper lending enterprise with over twenty years of working history that generates cash waft and is managed with a spotlight on stability and threat alter.
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