Delisting Determination, The Nasdaq Stock Market, LLC, July 10, 2026
Captivision Inc.
The Nasdaq Stock Market LLC (the Exchange) has determined to remove 
from listing the securities of Captivision Inc. effective at the 
opening of the trading session on July 23, 2026. Based on review 
of information provided by the Company, Nasdaq Staff 
determined that the Company no longer qualified for listing on the 
Exchange pursuant to Listing Rule 5450(b)(2)(A). The Company was 
notified of the Staff determination on June 4, 2025. 
On June 11, 2025 the Company exercised its right to appeal 
the Staff determination to the Listing Qualifications Hearings 
Panel (Panel) pursuant to Listing Rule 5815. 
On July 22, 2025, the hearing was held.
On July 25, 2025 the Panel reached a 
decision and a Decision letter was issued on said date.
The Panel determined to grant the request of the Company to 
continue its listing on the Exchange subject to the conditions
as noted in the Decision Letter dated July 25, 2025.
On April 6, 2026 the Panel reached a decision 
and decided to suspend the Company from the Exchange
because, despite the Company being afforded an extended period of time
to comply with the Listing Rules, the 
Company was unable to regain compliance. 
The Panel had shown a great deal of patience but could not allow 
the Company to receive yet another extension.  
The Company securities were suspended on April 9, 2026. The 
Staff determination to delist the Company securities 
became final on May 22, 2026.