 MORRISVILLE, N.C., Jan. 29, 2021 GLOBE NEWSWIRE -- Novan, Inc. the Company or Novan Nasdaq: NOVN, today announced that it has received written notice from The Nasdaq Stock Market LLC Nasdaq that the Company has regained compliance with Nasdaqs minimum bid price requirement for continued listing on the Nasdaq Capital Market. The notice indicated that, as a result of the closing bid price of the Companys common stock having been at 1.00 per share or greater for at least ten consecutive business days, from January 14, 2021 through January 28, 2021, the Company has regained compliance with Nasdaq Listing Rule 5550a2. 