LIBY Liberty Resources Acquisition Corporation

On June 15, 2023, Liberty Resources Acquisition Corp., a Delaware corporation (the “Company”), received a written notice (the “Public Float Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market (“Nasdaq”) notifying the Company that it no longer meets the minimum 1,100,000 publicly held shares required for continued listing on Nasdaq pursuant to Nasdaq Listing Rule 5450(b)(1)(B) (the “Public Float Standard”). The Company believes that the Public Float Notice may have been issued in error. The Company plans to discuss the Public Float Notice with Nasdaq to get the Public Float Notice rescinded. If the Company is unable to get the Public Float Notice rescinded, the Public Float Notice indicates that the Company, pursuant to the Listing Rules, has up to 45 calendar days or July 31, 2023, to provide Nasdaq with a plan to regain compliance (the “Company’s Plan”). Further, the Public Notice states that if Nasdaq accepts the Company’s Plan, the Company will be granted an extension of up to 180 calendar days from the date of the Public Float Notice in which it can regain compliance.

The Public Float Notice serves only as a notification of deficiency, not of imminent delisting, and has no immediate effect on the listing or trading of the Company’s securities on the Nasdaq Global Market. The Company intends to submit the Company’s Plan to regain compliance with Rule 5450(b)(1)(B) within the 45 calendar day period and will evaluate available options to regain compliance with the Public Float Standard. While the Company is exercising diligent efforts to maintain the listing of its common stock on Nasdaq Global Market, there can be no assurance that the Company will be able to regain or maintain compliance with Nasdaq Global Market Public Float Standard. The Company, by filing this Current Report Form 8-K, discloses its receipt of the Public Float Notice in accordance with Nasdaq Listing Rule 5810(b).