VerifyMe receives Nasdaq delisting notice for bid price below $1.00

VerifyMe, Inc.

Nasdaq notified VerifyMe (VRME) that its common stock bid price closed below $1.00 for 30 consecutive business days, violating Listing Rule 5550(a)(2).
Company has until June 25, 2025 to regain compliance by maintaining a closing bid price of $1.00+ for at least 10 consecutive business days.
If not compliant by June 25, 2025, VerifyMe may qualify for a second 180-day period if it meets other listing requirements.
Failure to cure could result in delisting, with the right to appeal to a Nasdaq hearings panel.
No immediate effect on listing; company is monitoring bid price and evaluating options.

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