Full Press Release Details
Technologies Regains Compliance With NASDAQ Minimum Bid Price Listing Requirement
LAKE CITY, UT July 14, 2020 (GLOBE NEWSWIRE) - SINTX Technologies, Inc. (NASDAQ: SINT) ("SINTX" or the "Company"),
an original equipment manufacturer (OEM) ceramics company focused on silicon nitride and its applications is pleased to announce that it has received a letter from the NASDAQ Listing Qualifications Staff notifying the Company that it has regained compliance
with NASDAQ's minimum bid price requirements for continued listing on the Nasdaq Capital Market. The letter noted that as
a result of the closing bid price of the Company's common stock having been at $1.00 per share or greater for at least ten
consecutive business days, from June 22, 2020 to July 8, 2020, the Company has regained compliance with Listing Rule 5550(a)(2)
and the matter is now closed.
SINTX Technologies, Inc.
Technologies is an OEM ceramics company that develops and commercializes silicon nitride for medical and non-medical applications.
The core strength of SINTX Technologies is the manufacturing, research, and development of silicon nitride ceramics for external
partners. The Company manufactures silicon nitride material and components in its FDA registered and ISO 13485 certified facility.
press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (PSLRA)
that are subject to a number of risks and uncertainties. Risks and uncertainties that may cause such differences include, among
other things, that future studies may not confirm the antiviral properties of silicon nitride; that application of silicon nitride
to products may not result in products with antiviral properties; uncertainties inherent in research and development, including
the cost and time required advance our products to regulatory submission; market acceptance of our products once cleared and commercialized;
our ability to raise additional funding and other competitive developments. Readers are cautioned not to place undue reliance
on the forward-looking statements, which speak only as of the date on which they are made and reflect management's current
estimates, projections, expectations and beliefs. There can be no assurance that any of the anticipated results will occur on
a timely basis or at all due to certain risks and uncertainties, a discussion of which can be found in SINTX's Risk Factors
disclosure in its Annual Report on Form 10-K, filed with the Securities and Exchange Commission (SEC) on March 26, 2020, and in
SINTX's other filings with the SEC. SINTX disclaims any obligation to update any forward-looking statements. SINTX undertakes
no obligation to publicly revise or update the forward-looking statements to reflect events or circumstances that arise after
the date of this report.