SEC concludes investigations into Biomerica and CEO with no enforcement action

BIOMERICA INC

SEC notified Biomerica on Dec 2, 2021 that subpoena investigations from July & Dec 2020 are closed with no enforcement action.
Investigations covered both the company and its CEO; full clearance granted.
Management expresses relief and ability to focus on business growth.
Removes a regulatory overhang that had been disclosed since mid-2020.

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