 NEW YORK, Nov. 08, 2019 GLOBE NEWSWIRE -- iFresh, Inc. iFresh or the Company IFMK, a leading Asian American grocery supermarket chain and online grocer, announced today that on November 6, 2019, the Company received a letter from the Listing Qualifications Staff the Staff of The Nasdaq Stock Market LLC Nasdaq stating that the Company had not regained compliance with Nasdaq Listing Rule 5550b, which requires stockholders equity of 2.5 million, or a market value of listed securities of 35 million or net income from continuing operations of 500,000, and that the Staff had determined not to grant an extension to allow the Company to demonstrate compliance. As a result, the Staff indicated that the Company would be subject to delisting from The Nasdaq Capital Market unless the Company timely requests a hearing before a Nasdaq Hearings Panel the Panel. 