Verso (NASDAQ:VRSOD)
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From May 2019 to May 2024
Verso Technologies, Inc. (Nasdaq: VRSOD), a leading
provider of packet-based solutions, announced today that it has been
notified by The Nasdaq Stock Market that, as a result of the closing
bid price of the Verso common stock equaling or exceeding $1.00 per
share for a period of at least 10 consecutives trading days, the
company has regained compliance with Nasdaq's Marketplace Rule
4310(c)(4) for continued inclusion of the company's common stock in
the Nasdaq SmallCap Market. Accordingly, the Company is in full
compliance with the Nasdaq's continued listing requirements and the
Company is not required to take any further action.
About Verso Technologies
Verso is a leading provider of next generation communication
solutions for service providers that want to lower their communication
infrastructure costs and enhance service capabilities without
sacrificing reliability, scalability and quality of service. With an
extensive solutions portfolio that extends from the core to the edge
of a network, Verso enables customers to leverage legacy technology
investments towards converged networks that are faster and more
cost-effective to deploy and easier and more flexible to manage. Verso
solutions are currently deployed in customer networks in over 120
countries. For more information, contact Verso at www.verso.com or
call 678.589.3500.