Biofrontera Inc.

11/10/2025 | Press release | Distributed by Public on 11/10/2025 15:31

Material Event (Form 8-K)

Item 8.01. Other Events.

As described further below, on each of November 4, 2025 and November 6, 2025, Biofrontera Inc. (the "Company") received a notice (the "November 4 Notice" and the "November 6 Notice," respectively) from the Listing Qualifications staff of The Nasdaq Stock Market ("Nasdaq") notifying the Company that it has regained compliance with the continued listing requirements under Nasdaq Listing Rule 5550(b)(1) ("Rule 5550(b)(1)") and Nasdaq Listing Rule 5550(a)(2) ("Rule 5550(a)(2)").

Nasdaq Listing Rule 5550(b)(1)

Inthe November 4 Notice, Nasdaq notified the Company that, based on certain disclosures in the Current Report on Form 8-K filed by the Company on October 24, 2025, the Company is in compliance with the continued listing requirement under Rule 5550(b)(1). The November 4 Notice further provides that the Company may be subject to delisting if the Company fails to evidence compliance with Rule 5550(b)(1) upon filing its next periodic report.

As previously disclosed in the Current Report on Form 8-K filed by the Company with the Securities and Exchange Commission on May 23, 2025, Nasdaq notified the Company on May 21, 2025 that, based on the Company's stockholders' equity as reported in its Quarterly Report on Form 10-Q for the period ended March 31, 2025, the Company did not satisfy the continued listing requirement under Rule 5550(b)(1).

Nasdaq Listing Rule 5550(a)(2)

Inthe November 6 Notice, Nasdaq notified the Company that, because the closing bid price of the Company's common stock was $1.00 per share or greater for the preceding 11 consecutive business days, the Company has regained compliance with the continued listing requirement under Rule 5550(a)(2).

As previously disclosed in the Current Report on Form 8-K filed by the Company with the Securities and Exchange Commission on May 14, 2025, Nasdaq notified the Company on May 8, 2025 that, because the closing bid price of the Company's common stock was less than $1.00 per share for the preceding 33 consecutive business days, the Company did not satisfy the continued listing requirement under Rule 5550(a)(2).

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