QuickLogic Corporation (QUIK)

[Solar_Express]

8K The Company’s common stock will be transferred to the Nasdaq Capital Market as of the opening of business on July 22, 2019. Following the move to the NASDAQ Capital Market, the Company’s common stock will continue to trade under the symbol “QUIK”. The Nasdaq Capital Market is a continuous trading market that operates in substantially the same manner as the Nasdaq Global Market and listed companies must meet certain financial requirements and comply with Nasdaq’s corporate governance requirements.

As a result of the Approval, the Company has been granted an additional 180-day grace period, or until January 13, 2020, to regain compliance with the minimum bid price requirement. In order to regain compliance, the minimum closing bid price of the Company’s common stock must be at least $1.00 per share for a minimum of 10 consecutive business days during the additional 180-day grace period. If we fail to regain compliance during this grace period, our common stock will subject to delisting by Nasdaq. The Company has provided written notice of its intention to cure the minimum bid price deficiency during the second grace period by effecting a reverse stock split if necessary.