VerifyMe Receives Nasdaq Delisting Notice for $1 Bid Price Rule

VerifyMe, Inc. received a notification from Nasdaq indicating non-compliance with the minimum bid price requirement. The company's common stock has traded below $1 per share for 30 consecutive business days, violating Nasdaq Listing Rule 5550(a)(2). VerifyMe has been granted a 180-calendar-day compliance period, until October 14, 2026, to regain compliance by maintaining a closing bid price of at least $1 for a minimum of 10 consecutive business days. Failure to do so could result in delisting, though a second compliance period may be possible under certain conditions.