Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule
or Standard; Transfer of Listing.
On August 2, 2022, Aqua Metals, Inc. (the "Company") received a letter (the
"Letter") from the Nasdaq Stock Market, LLC. The Letter notified the Company
that it had fallen below compliance with respect to the continued listing
standard set forth in Rule 5550(a)(2) of the Nasdaq Listing Rules because the
closing bid price of the Company's common stock over the previous 30 consecutive
trading-day period had fallen below $1.00 per share. The Letter further stated
that the Company had 180 days from the date of the Letter, or until January 30,
2023, to regain compliance with the minimum bid price requirement in Rule
5550(a)(2) by achieving a closing bid price for the Company's common stock of at
least $1.00 per share over a minimum of 10 consecutive business days.
On January 17, 2023, the Company was notified by the Nasdaq Stock Market, LLC
that the Nasdaq staff has determined that for the last 10 consecutive business
days, from December 30, 2022 to January 13, 2023, the closing bid price of the
Company's common stock has been at $1.00 per share or greater and that the
Company has regained compliance with Listing Rule 5550(a)(2).
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AQUA METALS, INC. 
