Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing

On August 1, 2012, Dataram Corporation (the "Company") received a letter from the Listing Qualifications Department of The NASDAQ OMX Group ("NASDAQ") notifying the Company that had not regained compliance with the $1 per share minimum bid price requirement for continued inclusion on The NASDAQ Capital Market set forth in NASDAQ Marketplace Rule 5550(a)(2) for the last 30 consecutive business days prior to the date of NASDAQ's original letter dated January 31, 2012. NASDAQ's recent letter has no immediate effect on the listing of the Company's common stock on The NASDAQ Capital Market, and its common stock will continue to trade on The NASDAQ Capital Market under the symbol "DRAM."

In accordance with NASDAQ Marketplace Rules, the Company had until July 30, 2012 to regain compliance. The Company applied for an extension of time to regain compliance and NASDAQ approved such an extension until January 28, 2013. The letter further advises that such compliance can be achieved if, at any time before January 28, 2013, the closing bid price of the Company's common stock is at least $1 for a minimum of 10 consecutive business days.

The Company is actively pursuing available options to regain compliance.