VerifyMe, Inc. 8-K

What Happened

• On April 17, 2026, VerifyMe, Inc. (VRME) announced it received a letter from the Nasdaq Listing Qualifications Staff stating the Company no longer meets Nasdaq Listing Rule 5550(a)(2), which requires a minimum closing bid price of $1. The determination was based on the closing bid price for the last 30 consecutive business days.
• Nasdaq has given a 180-calendar-day compliance period (until October 14, 2026). If VerifyMe evidences a closing bid of at least $1 for 10 consecutive business days during that period, it will automatically regain compliance. The notice does not have any immediate effect on the listing of the Company’s common stock.

Key Details

• Notice date: April 17, 2026.
• Rule cited: Nasdaq Listing Rule 5550(a)(2) — $1 minimum bid price.
• Cure window: 180 days (until October 14, 2026); automatic reinstatement if $1+ closing bid for 10 consecutive business days.
• If not cured, Company may seek a second 180-day period only if it meets Nasdaq’s market value of publicly held shares and other initial listing standards (except the minimum bid requirement) and notifies Nasdaq; failure could lead to delisting notice and an appeal process.

Why It Matters

• For investors, this notice signals a risk that VerifyMe’s shares could be delisted from Nasdaq if the company does not regain the required bid price or secure additional relief. Delisting can reduce liquidity, limit institutional interest, and affect the ability to trade on Nasdaq.
• The stock remains listed for now, and VerifyMe said it will monitor the closing bid price and consider available options. Investors should watch closing share prices and company updates during the cure period.