Revelstone Capital Acquisition Corp. Receives Notice from Nasdaq Regarding Delayed Quarterly Report

May 30, 2023

Revelstone Capital Acquisition Corp. (the “Company”) (NASDAQ: RCAC) today announced that it received a notice (“Notice”) on May 24, 2023 from the Listing Qualifications Department of The Nasdaq Stock Market (“Nasdaq”) stating that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Listing Rule”) because the Company failed to timely file its Quarterly Report on Form 10-Q for the period ended March 31, 2023 (the “10-Q”) with the Securities and Exchange Commission (the “SEC”).

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