Nasdaq Delisting of 1347 Capital Corp.

Nasdaq determined to delist 1347 Capital Corp.'s securities due to non-compliance with minimum public holders requirement. Trading was suspended effective July 12, 2016, with expected transition to OTCQB market.

“On July 8, 2016, the Company received notification from the Hearing Panel (the “Panel”) of the Listing Qualifications Department of The Nasdaq Stock Market (“NASDAQ”) that the Panel determined to delist the Company’s securities from the NASDAQ Capital Market and to suspend the trading in the Company’s securities effective July 12, 2016.”

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