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KFAR SABA, ISRAEL - ParaZero Technologies Ltd. (NASDAQ:PRZO) has regained compliance with Nasdaq’s minimum bid price requirement, the company announced Wednesday. The stock, currently trading at $1.12, has shown strong momentum with notable returns over the past three months, according to InvestingPro data.
The aerospace firm, which specializes in safety systems for commercial unmanned aerial systems and counter UAS systems, received written notice from Nasdaq Stock Market LLC confirming it has met the listing standards needed to remain on the Nasdaq Capital Market. With a market capitalization of $19.1 million, the company maintains a healthy balance sheet, holding more cash than debt and showing a current ratio of 3.87x.
To satisfy the requirement, ParaZero maintained a closing bid price of at least $1.00 per share for 10 consecutive trading days from June 6 through June 23, 2025. Nasdaq has now closed the prior bid price deficiency matter.
The company had previously fallen below the minimum bid price requirement outlined in Nasdaq Listing Rule 5550(a)(2), which requires listed companies to maintain a minimum bid price of $1.00 per share.
ParaZero, founded in 2014, develops autonomous parachute safety systems designed for drone operations over populated areas and beyond-visual-line-of-sight flights, as well as various military applications including Counter UAS.
The Israel-based company is now in compliance with all applicable Nasdaq listing standards, according to the press release statement. While the company has achieved significant revenue growth of 50% over the last twelve months, InvestingPro analysis reveals 12 additional key insights about ParaZero’s financial health and market position. Subscribers can access detailed metrics and expert analysis to make more informed investment decisions.
In other recent news, ParaZero Technologies Ltd. has announced the completion of 50 consecutive DropAir delivery tests, showcasing the system’s reliability for blood transfusion deliveries. This development underscores the company’s commitment to ensuring the consistent performance of its delivery systems in real-world settings. Additionally, ParaZero demonstrated its DropAir emergency supply delivery system at the Constellis Security Conference in Virginia, attracting attention from emergency response and disaster relief sectors. The company also highlighted its DefendAir counter UAS system during the event, leading to an invitation for a live demonstration in Israel next year. In another significant development, ParaZero secured a follow-on purchase order for its SafeAir™ M4 parachute recovery system from a key European partner. This order highlights the growing demand for certified drone safety solutions in Europe. The SafeAir™ M4 system, designed for DJI’s Matrice 4 series drones, is expected to comply with stringent European regulatory standards. ParaZero’s CEO, Boaz Shetzer, expressed satisfaction with these advancements, emphasizing the company’s strengthening position in the European drone market.
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