VerifyMe, Inc. Receives Nasdaq Non-Compliance Notice for Minimum Bid Price Requirement

Key Points for Investors:

• VerifyMe, Inc. (Nasdaq: VRME) has received a notice from the Nasdaq Stock Market LLC indicating non-compliance with the minimum bid price requirement for continued listing on the Nasdaq Capital Market.
• The Company’s common stock closing bid price has been below \$1.00 per share for 30 consecutive business days, triggering the notice.
• The Company now enters a 180-calendar-day compliance period, ending on October 14, 2026, to regain compliance.
• To regain compliance, the stock must close with a bid price of at least \$1.00 per share for a minimum of 10 consecutive business days during this period.

Details of the Nasdaq Notification

On April 17, 2026, VerifyMe, Inc. (“the Company”) announced that it had received a formal notification from the Listing Qualifications Staff of Nasdaq. The notice was issued because the Company’s common stock had failed to maintain a closing bid price of at least \$1.00 per share for the last 30 consecutive business days, as required by Nasdaq Listing Rule 5550(a)(2). This rule is a critical standard for continued listing on the Nasdaq Capital Market.

Consequences and Next Steps

• Compliance Period: The Company has 180 calendar days from the date of notice (until October 14, 2026) to regain compliance with the minimum bid price requirement.
• Automatic Compliance: If the Company’s stock closes at or above \$1.00 per share for at least 10 consecutive business days during this period, it will automatically regain compliance with Nasdaq rules.
• Potential for Second Compliance Period: If compliance is not achieved by October 14, 2026, VerifyMe, Inc. may be eligible for an additional 180-day extension, provided it meets all other initial listing standards for the Nasdaq Capital Market, except for the minimum bid price. The Company must also notify Nasdaq of its intent to cure the deficiency.
• Risk of Delisting: If the Company does not regain compliance within the allowed period(s), Nasdaq will provide written notice that the Company’s common stock will be subject to delisting. The Company would then have the opportunity to appeal this determination to a Nasdaq hearings panel.
• No Immediate Impact: The receipt of the notice does not immediately affect the listing or trading of the Company’s common stock on Nasdaq.

Shareholder Considerations and Price-Sensitive Information

This development is highly significant for shareholders and potential investors. A failure to regain compliance with the minimum bid price requirement could lead to delisting from Nasdaq, which would likely have a substantial negative effect on the liquidity and market value of VerifyMe’s shares. Delisting could also make it more difficult for the Company to access capital markets and may result in the shares trading on a less liquid over-the-counter market.

Management has stated its intention to monitor the closing bid price of its common stock and consider all available options to regain compliance. These could include, but are not limited to, implementing a reverse stock split or other corporate actions to increase the share price.

Other Disclosures

• The Company is not an emerging growth company as defined by Rule 405 of the Securities Act of 1933, and it has not elected to use any extended transition period for complying with new or revised financial accounting standards.
• The common stock is currently registered under the trading symbol VRME and is listed on the Nasdaq Capital Market.

Forward-Looking Statements

This report contains forward-looking statements, including the Company’s intent to monitor the share price and possible actions to regain compliance. Actual results may differ materially from expectations due to risks outlined in the Company’s SEC filings, including but not limited to the risk of delisting and challenges in regaining compliance.

Disclaimer: This article is for informational purposes only and does not constitute investment advice or a recommendation to buy or sell any securities. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties. Investors are encouraged to review the Company’s filings with the U.S. Securities and Exchange Commission for a full discussion of risk factors.

View VerifyMe, Inc. Historical chart here