SmartRent Confirms Compliance with NYSE Minimum Share Price Listing Standard

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--SmartRent Inc. (NYSE: SMRT) (“SmartRent” or the “Company”), the leading provider of smart communities solutions and smart operations solutions for the rental housing industry, today announced that it has received formal notice from the New York Stock Exchange (NYSE) that the company has regained compliance with the NYSE’s continued listing criteria for minimum share price under Section 802.01C of the NYSE Listed Company Manual.

“We are pleased to have resolved this matter and to remain in compliance with the NYSE continued listing criteria,” said Frank Martell, President and Chief Executive Officer of SmartRent. “We appreciate the continued support of our shareholders as we remain focused on executing our strategy and driving long-term value.”

For more information, please visit www.smartrent.com.

About SmartRent

Founded in 2017, SmartRent, Inc. (NYSE: SMRT) is a leading provider of smart communities solutions and smart operations solutions to the rental housing industry. SmartRent’s end-to-end enterprise ecosystem powers smarter living and working in rental housing by automating operations, protecting assets, reducing energy consumption, enhancing the resident experience and more. The Company’s differentiators - purpose-built software and hardware, and end-to-end implementation and support - create an exceptional experience, with 15 of the top 20 multifamily operators and millions of users leveraging SMRT solutions daily. For more information, please visit smartrent.com.