Cemtrex Regains Compliance with NASDAQ Listing Requirement

Core Points - Cemtrex Inc. has regained compliance with the minimum bid price requirement for continued listing on the Nasdaq Stock Market [1][2] - The company previously received a notification on June 14, 2024, regarding non-compliance due to a closing bid price below $1 per share [2] - A 1-for-35 reverse stock split was executed on November 26, 2024, allowing the company to meet the listing requirements [3] Company Overview - Cemtrex Inc. operates through two subsidiaries: Vicon Industries Inc. and Advanced Industrial Services Inc. [4] - Vicon Industries specializes in advanced security and surveillance technology, providing solutions for various sectors including businesses and municipalities [5] - Advanced Industrial Services offers industrial contracting services, including millwrighting, rigging, and electrical work, across multiple industrial markets [6]