The Nasdaq Stock Market® (Nasdaq: NDAQ) announced that trading was halted on January 12, 2023 in Arbor Rapha Capital Bioholdings Corp. I (Nasdaq: ARCK, ARCKU and ARCKW) at 18:47:19. Eastern Time for "additional information requested" from the company at a last sale price of $11.90 (Nasdaq: ARCK), $12.00 (Nasdaq: ARCKU), $0.0966 (Nasdaq: ARCKW).

Trading will remain halted until Arbor Rapha Capital Bioholdings Corp. I has fully satisfied Nasdaq’s request for additional information.

For news and additional information about the company, please contact the company directly or check under the company’s symbol using InfoQuotesSM on the Nasdaq® Web site.

For more information about The Nasdaq Stock Market, visit the Nasdaq Web site at http://www.nasdaq.com.

Nasdaq Media Contact:

Sophia Weisssophia.weiss@nasdaq.com

NDAQO

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