VerifyMe (VRME) announced that it has received formal notice from Nasdaq that the company has regained compliance with Nasdaq Listing Rule 5550, which requires a minimum bid price of $1.00 per share. Nasdaq confirmed that for the last 10 consecutive business days, from January 13 through January 29, the closing bid price of the company’s common stock was at or above $1.00, and as a result, the matter is now closed.
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