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VerifyMe, Inc. Regains Compliance with Nasdaq Minimum Bid Price Requirement
Businesswire· 2026-02-02 13:05
Core Viewpoint - VerifyMe, Inc. has regained compliance with Nasdaq Listing Rule 5550(a)(2), confirming that its common stock has maintained a minimum bid price of $1.00 per share for the last 10 consecutive business days, thus remaining listed on The Nasdaq Capital Market under the ticker symbol VRME [1][2]. Group 1 - The company received formal notice from Nasdaq that it has regained compliance with the minimum bid price requirement [1]. - Nasdaq confirmed that from January 13, 2026, to January 29, 2026, the closing bid price of the company's common stock was at or above $1.00 [1]. - The matter regarding compliance is now closed, allowing the company to continue its listing on Nasdaq [2]. Group 2 - On December 12, 2025, the company was notified by Nasdaq that it had not maintained the minimum bid price of $1.00 over the preceding 30 consecutive business days [2]. - The CEO of VerifyMe expressed satisfaction in regaining compliance in a timely manner and emphasized the company's focus on executing its strategy and driving long-term value for shareholders [3]. - VerifyMe, Inc. specializes in logistics for time and temperature-sensitive products, as well as brand protection and enhancement solutions [3].