Verifyme, INC 8-K filings

VerifyMe, Inc.'s wholly-owned subsidiary, PeriShip Global, LLC, has entered into new agreements with United Parcel Service, Inc. and its affiliates, granting access to specialized logistics services and promotional rates for time-sensitive and perishable shipments.

VerifyMe, Inc. announced the appointment of Jennifer Cola as its new Chief Financial Officer and a significant amendment to its bylaws, reducing the shareholder meeting quorum requirement from a majority to 33% of shares.

VerifyMe's Q1 2025 results show a decrease in revenue compared to Q1 2024, while net loss remained consistent year-over-year.

VerifyMe, Inc. announces the retirement of CFO Nancy Meyers and the appointment of Jennifer Cola as Vice President of Finance, with potential succession to CFO.

VerifyMe, Inc. received a notification from Nasdaq on April 3, 2025, indicating that it no longer meets the minimum bid price requirement of $1 per share, granting the company a compliance period until September 30, 2025, to regain compliance.

VerifyMe, Inc. has entered into a sales agreement to potentially offer up to $15.8 million in common stock and reported its Q4 2024 financial results, highlighting increased gross profit and adjusted EBITDA for the year.

VerifyMe, Inc. has regained compliance with Nasdaq's minimum bid price requirement after its stock price closed at or above $1.00 for ten consecutive business days.

VerifyMe, Inc. announces a warrant inducement agreement expected to generate $4.7 million in gross proceeds through the exercise of existing warrants.

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.