Iveda Solutions Inc. has announced a regulatory issue regarding its compliance with Nasdaq Listing Rule 5550(b)(1). On May 27, 2025, the company received a notification from The Nasdaq Stock Market LLC stating that it does not meet the requirement to maintain a minimum of $2,500,000 in stockholders' equity. As of March 31, 2025, Iveda Solutions reported stockholders' equity of $1,700,887. The company is actively evaluating options and plans to submit a compliance plan by July 11, 2025. While the company's stock and warrants remain listed for now, there is no guarantee of compliance or acceptance of the plan by Nasdaq. If unsuccessful, Iveda Solutions may face delisting and would have the option to appeal.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Iveda Solutions Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001641172-25-013078), on May 30, 2025, and is solely responsible for the information contained therein.
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