VerifyMe receives Nasdaq deficiency notice for minimum bid price non-compliance

VerifyMe, Inc.

Received Nasdaq letter on April 3, 2025; common stock bid price below $1 for 30 consecutive days.
Has 180-day compliance period until September 30, 2025 to regain $1 minimum bid.
Can regain compliance automatically if closing bid price is $1+ for 10 consecutive business days.
If not cured by Sept 30, may qualify for second 180-day period if other listing standards met.
Notice has no immediate delisting effect; company is evaluating options.

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