FEMTO Receives Nasdaq Delisting Determination and Plans to Appeal

(TheNewswire)May 9, 2025 –TheNewswire - FemtoTechnologies Inc. , apioneering Femtech company formerly known asBYND Cannasoft Enterprises Inc., announced today that it has receivedon May 8, 2025 a notification letter from TheNasdaq Stock Market LLC (“Nasdaq”), stating that based on itsreview of the Company’s recent private placement transaction thatwas completed on February 26, 2025 (the “Placement”), Nasdaq hasdetermined to delist the Company’s securities pursuant to itsdiscretionary authority under Listing Rule 5101. As set forth in its letter, Nasdaq’s staff (the“Staff”) determined that the Company’s issuance of large numbersof shares upon the cashless exercise and “alternative exercise” ofthe Warrants issued in the Placement resulted in significant dilutionof existing shareholders thereby triggering the Staff’sdetermination.The Company intends to appeal Staff’s determinationto a Hearings Panel (the “Panel”), pursuant to the procedures setforth in the Nasdaq Listing Rule 5800 Series. A hearing request willstay the suspension of the Company’s securities pending thePanel’s decision.About Femto Technologies Inc.Femto Technologies Inc. is a cutting-edge Femtechcompany spearheading transformative advancements in wellnesstechnology. With a strong emphasis on AI-driven solutions, Femto isdedicated to innovating products that enhance well-being throughintelligent technology integration.ABOUT SENSERASensera is a feminine wellness device on a mission tobridge the gap between feminine pleasure and wellness, providing aholistic self-care experience that adapts to a woman’s changingneeds. Sensera utilizes Femto’s proprietary Smart Release System(SRS) technology, including machine learning and AI, to enhancefeminine wellness. Sensera is a CES Innovation Awards® 2025 Honoraryin the AI category.For more information on Sensera, please visit www.senserawellness.com and followus on Instagram,Facebook, andYouTube.COMPANY CONTACTGabi KabazoChief Financial OfficerTel: (604) 833-6820e‐mail: ir@femtocorp.comCautionary NoteRegarding Forward-Looking StatementsThis press release includes certain statements that maybe deemed “forward-looking statements” within the meaning ofSection 27A of the U.S. Securities Act of 1933, as amended, andSection 21E of the U.S. Securities Exchange Act of 1934, as amendedand under Canadian securities laws. When used in this press release,the words “may”, “would”, “could”, “will”,“intend”, “plan”, “anticipate”, “believe”,“estimate”, “expect” and similar expressions are intended toidentify forward‐looking statements. Such statements are subject tocertain risks and uncertainties, and actual circumstances, events orresults may differ materially from those projected in suchforward-looking statements.Although the Company believes the expectationsexpressed in such forward-looking statements are based on reasonableassumptions, such statements are not guarantees of future performance,and actual events or developments may differ materially from those inforward-looking statements. Such forward-looking statementsnecessarily involve known and unknown risks and uncertainties, whichmay cause the Company’s actual performance and financial results infuture periods to differ materially from any projections of futureperformance or results expressed or implied by such forward-lookingstatements. Such statements reflect the Company's current views withrespect to future events and are subject to such risks anduncertainties. Many factors could cause actual results to differmaterially from the statements made, including future financialperformance, unanticipated regulatory requests and delays, finalpatents approval, and those factors discussed in filings made by thecompany with the Canadian securities regulatory authorities, including(without limitation) in the company's management's discussion andanalysis for the year ended December 31, 2024 and annual informationform dated March 31, 2025, which are available under the company'sprofile at www.sedarplus.ca, and in the Company’s Annual Report onForm 20-F for the year then ended that was filed with the U.S.Securities and Exchange Commission on March 31, 2025. Should one ormore of these factors occur, or should assumptions underlying theforward-looking statements prove incorrect, actual results may varymaterially from those described herein as intended, planned,anticipated, or expected. We do not intend and do not assume anyobligation to update these forward‐looking statements, except asrequired by law. Any such forward-looking statements representmanagement's estimates as of the date of this press release. While wemay elect to update such forward-looking statements at some point inthe future, we disclaim any obligation to do so, even if subsequentevents cause our views to change. Shareholders are cautioned not toput undue reliance on such forward‐looking statements.Copyright (c) 2025 TheNewswire - All rights reserved.