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Auris Medical Announces Receipt of Nasdaq Notice

Zug, Switzerland, August 24, 2017 – Auris Medical Holding AG (“the Company”, NASDAQ: EARS), a clinical-stage company dedicated to developing therapeutics that address important unmet medical needs in otolaryngology, today announced that on August 18, 2017, it received written notification from the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) indicating that based on the Company’s stockholders’ equity of $5.57 million for the period ended June 30, 2017, the Company is no longer in compliance with the minimum stockholders’ equity requirement of $10.00 million as set forth in Nasdaq Listing Rule 5450(b)(1)(A) for continued listing on the Nasdaq Global Market. This Nasdaq notification does not result in the immediate delisting of the Company’s common shares, and the shares will continue to trade uninterrupted under the symbol “EARS.”
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