cemtrex regains compliance with nasdaq listing requirements

Cemtrex Inc. (NASDAQ:CETX), a technology company specializing in electronic components and accessories with a market capitalization of $2.79 million, has regained compliance with Nasdaq’s minimum stockholder’s equity requirement. This development was confirmed in a recent filing with the Securities and Exchange Commission (SEC). According to InvestingPro data, the company maintains a current ratio of 1.21 despite operating with significant debt.

The company had previously received a notification from Nasdaq on February 21, 2025, indicating that it did not meet the minimum stockholder’s equity requirement of $2,500,000, as its equity was below this threshold according to its Form 10-Q for the period ending December 31, 2024. Nasdaq Marketplace Rule 5550(b)(1) mandates this minimum equity level for continued listing on the Nasdaq Capital Market.

On April 22, 2025, Cemtrex was granted an extension until August 20, 2025, to achieve compliance. The company has since reported stockholder equity of $6,403,022 for the period ending March 31, 2025, as stated in its Form 10-Q filed on May 15, 2025. Consequently, Nasdaq has acknowledged that Cemtrex now meets the required equity standards, closing the compliance matter. InvestingPro analysis suggests the stock is currently undervalued, with 14 additional key insights available to subscribers.

Cemtrex’s common stock continues to be listed on the Nasdaq Capital Market under the trading symbol CETX. The company’s headquarters are located in Brooklyn, New York.

This information is based on an SEC filing submitted by Cemtrex.

In other recent news, Cemtrex Inc. has completed a public stock offering, raising approximately $1.25 million. The offering involved the sale of 1,250,000 shares at $1.00 per share and was underwritten by Aegis Capital Corp. Meanwhile, Vicon Industries, a Cemtrex subsidiary, secured a $1 million contract with a Saudi media firm, marking its expansion in the Gulf region with the deployment of its NEXT Modular Sensor System. Additionally, Vicon Industries announced contracts worth $0.8 million to supply surveillance systems to UK correctional facilities, highlighting its strong presence in the security sector.

Advanced Industrial Services, another Cemtrex unit, was awarded a $1.84 million contract for infrastructure upgrades at the City of Lancaster’s wastewater treatment plant. This project focuses on mechanical and electrical system replacements and is part of a broader initiative to modernize aging infrastructure. Furthermore, Cemtrex held its Annual Meeting of Shareholders, where four board members were elected, and the appointment of its accounting firm was ratified. These developments reflect Cemtrex’s strategic growth and ongoing efforts in both its Security and Industrial segments.

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