Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. On March 6, 2026, Iveda Solutions, Inc., a Delaware corporation (the “Company”), received a letter (the “Letter”) from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (“Nasdaq”), stating that the Company’s common stock failed to maintain a minimum bid price of $1 per shar…
Filed Mar 6, 2026Accepted Mar 6, 2026, 11:30 AM ESTCIK 1397183Accession 0001493152-26-009156
Iveda Solutions, Inc. (“Iveda”, or the “Company”) was incorporated in Nevada as Charmed Homes, Inc. in June 2006. On October 15, 2009, IntelaSight, d/b/a Iveda, a Washington corporation, became a wholly owned subsidiary of the Company. In December 2010, IntelaSight merged with and into the Company and the Company became the surviving company. Iveda offered the first cloud hosting of streaming and recorded video from security cameras for its customers and real-time remote surveillance service utilizing intervention specialists to watch our customers’ cameras in real time, 24/7.
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Item 3.01Item 3.01 - Notice of Delisting
Item
3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
On
March 6, 2026, Iveda Solutions, Inc., a Delaware corporation (the “Company”), received a letter (the “Letter”)
from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (“Nasdaq”), stating that the Company’s common
stock failed to maintain a minimum bid price of $1 per share, based upon the closing bid price for the last 30 consecutive business days.
Accordingly, the Company failed to comply with Rule 5550(a)(2) the Nasdaq Listing Rules (the “Rules”).
The
Notice has no immediate effect on the listing of the Company’s common stock on Nasdaq. Rule 5810(c)(3)(A) provides the Company
a compliance period of 180 calendar days, or until September 2, 2026, in which to regain compliance. If at any time during this 180 day
period the closing bid price of the Company’s common stock is at least $1 for a minimum of ten consecutive business days, Nasdaq
will provide the Company written confirmation of compliance with the Rules and this matter will be closed.
If
the Company does not regain compliance within the compliance period, or if the Company fails to satisfy another Nasdaq requirement for
continued listing, Nasdaq could provide notice that the Company’s securities will become subject to delisting. In such event, Nasdaq
rules would permit the Company to appeal the decision to reject any delisting determination to a Nasdaq Hearings Panel.
The
Company, by filing this Form 8-K, discloses its receipt of the Letter in accordance with Nasdaq Listing Rule 5810(b).