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Day: May 9, 2024

Listing of Exodus Class A Common Stock Delayed by NYSE American

OMAHA, Neb., May 08, 2024 (GLOBE NEWSWIRE) — Exodus Movement, Inc. (OTCQX: EXOD) (the “Company” or “Exodus”) today announced that it was informed by the NYSE American that the exchange has delayed the Company’s listing until the Staff of the Securities and Exchange Commission completes its review of Exodus’ registration statement, which went effective on April 28, 2024. The NYSE American previously informed Exodus that its shares of Class A common stock, par value $0.000001 (the “Common Stock”), had been approved for listing with trading expected to commence on May 9, 2024. The Company may reconsider listing on a national securities exchange at a future date once the SEC Staff has completed its review of the registration statement. Until such time, the Company’s Common Stock will continue to trade on OTC Markets’ OTCQX exchange...

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ProSomnus Sleep Technologies Takes Strategic Action to Position Company for Long-Term Success

Announces Plan for $20 million in Aggregate New Financing to Support Daily Operations, Restructuring, Strategic Initiatives, and Advocacy Company Enters into Voluntary Chapter 11 Restructuring Process Which Will Take Company Private, Reduce Debt and Enable Execution of Key Initiatives Minimal Expected Operational Impact to Business, Company Wil Continue Serving Customers and Delivering Products PLEASANTON, Calif., May 08, 2024 (GLOBE NEWSWIRE) — ProSomnus, Inc. (the “Company”), the leading non-CPAP Obstructive Sleep Apnea (OSA) therapy, announced it has initiated a voluntary restructuring process under Chapter 11 of the U.S. Bankruptcy Code to reorganize and strengthen its capital structure going forward, improve financial flexibility and better position the company for long-term success. In connection with this process, the Company...

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