Verifyme, INC 8-K filings

VerifyMe, Inc. has been notified by Nasdaq that it no longer meets the minimum bid price requirement of $1 per share and has until June 25, 2025, to regain compliance.

VerifyMe, Inc. has sold its subsidiary, Trust Codes Global Limited, for approximately NZD $1 to its former Executive Vice President, Paul Ryan, as part of a strategic restructuring.

VerifyMe's board of directors has approved an extension of its share repurchase plan, authorizing up to $500,000 in buybacks through December 31, 2025.

VerifyMe reported its Q3 2024 financial results, including a net loss of $2.4 million, and announced the discontinuation of its codes business within the Authentication segment.

VerifyMe, Inc. announced its Q2 2024 financial results, highlighting a positive adjusted EBITDA and increased gross profit compared to the same period last year.

VerifyMe, Inc. announces salary reductions for its CEO and CFO, compensated with restricted stock units, as part of a broader cost-saving initiative.

VerifyMe, Inc. has terminated the employment of Curt Koles, effective June 30, 2024.

VerifyMe, Inc. held its annual stockholders meeting on June 4, 2024, where key proposals including the election of directors and executive compensation were voted on.

VerifyMe, Inc. announced improved financial results for the first quarter of 2024, including a 49% increase in gross profit compared to the same period last year.

VerifyMe, Inc. announced its full year and fourth quarter 2023 financial results, showing a revenue increase for the year but a slight decrease in Q4 revenue compared to the previous year.

VerifyMe, Inc. has implemented a short-term incentive plan for employees and modified the CEO's bonus structure, allowing for payment in cash or stock.

VerifyMe, Inc. announced its 2023 financial results, including revenue exceeding $25 million and positive adjusted EBITDA, alongside strategic objectives for growth in both its Precision Logistics and Authentication segments.