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Cemtrex Inc. (NASDAQ:CETX, CETXP))), an advanced security technology and industrial services company, today announced that it has received a notification letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that it has regained compliance with the minimum stockholders' equity requirement under Nasdaq Listing Rule 5550(b)(1). The Company's security will continue to be listed and traded on The Nasdaq Stock Market.
Cemtrex previously received a notification letter from the Nasdaq Listing Qualifications Department on February 21, 2025, notifying the Company that, because the stockholders' equity for the Company was below the minimum required for continued listing on the Nasdaq Capital Market under Nasdaq Listing Rule 5550(b)(1).
Based on the Company's Form 10-Q filed on May 15, 2025, evidencing stockholders' equity of $6,403,022, Nasdaq has determined that the Company complies with the Minimum Stockholder's Equity Requirement and this matter is now closed.
Posted In: CETX
