Toughbuilt Industries Announces Receipt of Nasdaq Delinquency Notice

April 25, 2024

IRVINE, Calif., April 25, 2024 (GLOBE NEWSWIRE) — Toughbuilt Industries, Inc. (Nasdaq:TBLT), announced that on April 19, 2024, it received a staff determination notice from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) informing the Company that since the Company has not yet filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2023 (the “Annual Report”), the Company was no longer in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Listing Rule”).

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