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VANCOUVER, British Columbia, April 07, 2023 (GLOBE NEWSWIRE) — Liquid Media Group Ltd. (Nasdaq: YVR) (“Firm”) introduced at the moment that on April 3, 2023, the Nasdaq Itemizing {Qualifications} Employees notified the Firm that the Firm’s failure to well timed file the Type 20-F for the yr ended November 30, 2022 (the “Type 20-F”) with the Securities and Alternate Fee (the “SEC”), in contravention of Nasdaq Itemizing Rule 5250(c)(1) (the “Submitting Rule”), may function an extra foundation for the delisting of the Firm’s securities from Nasdaq. The Firm intends to current its plan to file the Type 20-F and thereby proof compliance with the Submitting Rule – in addition to its plan to fulfill Nasdaq’s bid worth requirement – on the Firm’s upcoming listening to earlier than the Nasdaq Hearings Panel (the “Panel”).

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Underneath the Submitting Rule, an issuer that receives a delist dedication for non-compliance with the Submitting Rule can request an enchantment to a Hearings Panel, pursuant to the procedures set forth within the Itemizing Rule 5800 Sequence. A request for a listening to relating to a delinquent submitting will submit – along with the listening to request – a request for an extra keep of any suspension motion pending the last word conclusion of the listening to course of. The Firm plans to well timed submit the request for an extra keep previous to the listening to earlier than the Panel.

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The Firm is engaged on the Type 20-F and plans to file the periodic report with the SEC as quickly as practicable.

About Liquid Media Group Ltd.
Liquid Media Group Ltd. (Nasdaq: YVR) is an leisure firm empowering impartial IP creators. Liquid’s end-to-end answer permits skilled video (movie/TV and streaming) creation, packaging, financing, supply, and monetization, empowering IP creators to take their skilled content material from inception by way of your entire course of to monetization.

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Further data is on the market at www.LiquidMediaGroup.co.

CONTACT:

Buyers / Enterprise

Justin Kulik
CORE IR
justin@coreIR.com

Cautionary Word Concerning Ahead-Trying Statements
This information launch contains statements containing sure “forward-looking data” inside the that means of relevant securities regulation (“forward-looking statements”). Ahead-looking statements are usually recognized by phrases comparable to: “consider”, “count on”, “anticipate”, “intend”, “estimate”, “doubtlessly” and comparable expressions, or are these, which, by their nature, consult with future occasions. These statements shouldn’t be learn as ensures of future efficiency or outcomes. Such statements contain recognized and unknown dangers, uncertainties and different components that will trigger precise outcomes, efficiency or achievements to be materially completely different from these implied by such statements. Such components embrace, however aren’t restricted to: developments associated to the COVID-19 pandemic, regulatory actions, market costs, continued availability of capital and financing, and normal financial, market or enterprise circumstances, in addition to further dangers disclosed within the Firm’s annual and quarterly monetary reviews obtainable at www.sedar.com. Buyers are cautioned that any such statements aren’t ensures of future efficiency and precise outcomes or developments might differ materially from these projected within the forward-looking statements. Ahead-looking statements are based mostly on the beliefs, estimates and opinions of the Firm’s administration on the date the statements are made. The Firm is underneath no obligation, and expressly disclaims any intention or obligation, to replace or revise any forward-looking statements, whether or not on account of new data, future occasions or in any other case, besides as expressly required by relevant regulation.