Group 1 - Cemtrex Inc. has regained compliance with Nasdaq's minimum stockholders' equity requirement, allowing its securities to continue being listed and traded on the Nasdaq Stock Market [1][3] - The company previously received a notification from Nasdaq on August 23, 2024, indicating that its stockholders' equity was below the required minimum [2] - As of December 30, 2024, Cemtrex's stockholders' equity was reported at $4,710,677, confirming compliance with Nasdaq's requirements [3] Group 2 - Cemtrex Inc. operates 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 across multiple markets, ensuring safe and efficient installation of production equipment [6]
Cemtrex Regains Compliance with NASDAQ Stockholders' Equity Requirement