Techlott Inc. Receives OTCQB Notice Over Low Share Price

What Happened

• Techlott Inc. (LOTT) announced on its Form 8-K that on July 28, 2026 it received a notice from OTC Markets Group Inc. that the closing bid price of its common stock had been below $0.01 per share for more than 30 consecutive calendar days, violating the OTCQB Venture Market continued eligibility standards.
• Under the OTCQB rules cited in the notice, Techlott was granted a 90-calendar-day cure period (per Section 4.1(B)) to bring the closing bid price to $0.01 per share or greater for 10 consecutive trading days; the cure period deadline is October 26, 2026.

Key Details

• Notice date: July 28, 2026.
• Cure period: 90 calendar days; requirement is $0.01+ per share for 10 consecutive trading days.
• Deadline to cure: October 26, 2026; failure to meet the requirement by then will result in removal from the OTCQB Venture Market.
• Immediate removal condition: if the closing bid is below $0.001 per share for five consecutive trading days, the stock would be removed immediately without a cure period.

Why It Matters

• The company has a defined window (through Oct 26, 2026) to meet OTCQB price requirements and maintain its current quotation status.
• If Techlott does not satisfy the price threshold for the required consecutive trading days, its common stock will be removed from the OTCQB Venture Market as stated in the notice, which changes how the shares are quoted and may affect investor access and visibility.