 Maroussi, Greece, June 18, 2021 Pyxis Tankers Inc. NASDAQ: PXS the Company, an international maritime transportation company focused on the product tanker sector, announced today that on June 16, 2021, it received a notification letter from the Nasdaq Stock Market Nasdaq, stating that, for a period of 30 consecutive business days, the Companys common shares closed below the minimum bid price of 1.00 per share, as required for continued listing on Nasdaq the Minimum Bid Price Requirement. The Company has until December 13, 2021 the Compliance Period to regain compliance with the Minimum Bid Price Requirement. 