Gamehaus Holdings Inc. Receives Nasdaq Notification Regarding Minimum Bid Price Requirement

SHANGHAI, July 13, 2026 /PRNewswire/ -- Gamehaus Holdings Inc. ("Gamehaus" or the "Company") (Nasdaq: GMHS), a technology-driven mobile game publisher, today announced that it received a notification letter (the "Notice") from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq"), dated July 10, 2026, notifying the Company that the closing bid price of its Class A ordinary shares had been below the minimum bid price of US$1.00 per share for 30 consecutive business days, as required under Nasdaq Listing Rule 5550(a)(2). The Notice has no immediate effect on the listing or trading of the Company's Class A ordinary shares on the Nasdaq Capital Market.

Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company has been granted a 180 calendar day compliance period, until January 6, 2027, to regain compliance with the minimum bid price requirement. The Company will regain compliance if its Class A ordinary shares have a closing bid price of at least US$1.00 per share for a minimum of 10 consecutive business days. If the Company satisfies this requirement within the compliance period, Nasdaq will provide written confirmation of compliance and the matter will be closed.

In the event the Company does not regain compliance with the minimum bid price requirement by January 6, 2027, it may be eligible for an additional 180 calendar day compliance period. To qualify, the Company will be required to meet the continued listing requirements for market value of publicly held shares and all other initial listing standards for The Nasdaq Capital Market, with the exception of the bid price requirement, and will need to provide written notice of its intention to cure the deficiency during the second compliance period.

The receipt of the Notice does not affect the Company's business operations. The Company intends to actively monitor the closing bid price of its Class A ordinary shares and will consider all available options to regain compliance with the Nasdaq minimum bid price requirement. Although the Company will use all reasonable efforts to achieve compliance with Rule 5550(a)(2), there can be no assurance that the Company will be able to regain compliance with that rule or will otherwise be in compliance with other Nasdaq continued listing requirements.