VerifyMe, Inc. recently announced that it has successfully regained compliance with the minimum bid price requirements outlined by the Nasdaq Stock Market LLC. The company received written notice from the Listing Qualifications staff of Nasdaq on January 16, 2025, confirming that for the past 10 consecutive business days, the closing bid price of VerifyMe’s common stock has been at $1.00 per share or higher.
This development indicates VerifyMe’s compliance with the minimum bid price conditions as per Nasdaq Listing Rule 5550(a)(2) for the continued listing on the Nasdaq Capital Market. In correspondence, Nasdaq informed VerifyMe that this matter is now considered closed, signifying the company’s alignment with the market’s regulations.
This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read VerifyMe’s 8K filing here.
About VerifyMe
VerifyMe, Inc, together with its subsidiary, PeriShip Global, LLC, operates as a technology solutions provider that specializes in products to connect brands with consumers and providing brands with end-to-end logistics management for their products. The company operates through two segments, VerifyMe Solutions and PeriShip Global Solutions.
Further Reading
- Five stocks we like better than VerifyMe
- 3 Warren Buffett Stocks to Buy Now
- Cerence AI: One-Hit Wonder or Long-Term Winner After NVIDIA Pact?
- Asset Allocation: The Key to a Successful Portfolio. Are You Paying Attention to Yours?
- UnitedHealth Group Pulls Back Into Another Healthy Opportunity
- What Are Dividend Champions? How to Invest in the Champions
- Micron Technology: Riding the AI Wave to Long-Term Growth
