European Biotech Acquisition Corp. Receives Expected Notification from Nasdaq Related to Delayed Quarterly Report European Biotech Acquisition Corp. (the "Company") today announced it received a notice on May 28, 2021 from the Nasdaq Stock Market LLC ("Nasdaq") indicating that as a result of the Company's failure to timely file its Quarterly Report on Form 10-Q for the period ended March 31, 2021 (the "Quarterly Report"), the Company no longer complies with the continued listing requirements set forth in Nasdaq Listing Rule 5250(c)(1). The notice has no immediate impact on the listing of the Company's securities, which will continue to trade on Nasdaq, subject to the Company's compliance with other applicable continued listing requirements.