CISO Global In Compliance with Nasdaq Bid Price Listing Requirement
26 Mars 2024 - 1:30PM
CISO Global (NASDAQCM: CISO), an industry leader in proprietary
software, managed cybersecurity and compliance, announced that as
of March 22, 2024, the Nasdaq Stock Market (“Nasdaq”) confirmed
that the Company has sufficiently demonstrated compliance with the
bid price requirement in Nasdaq Listing Rule 5550(a)(2) (“Bid Price
Rule”). CISO Global enacted a reverse split effective on March 8,
2024, and maintained a share price in excess of $1.00 per share for
the following 10 consecutive trading days.
The Company’s March 26, 2024, scheduled hearing
before the Nasdaq Hearing Panel has been cancelled.
About CISO GlobalCISO Global
(NASDAQCM: CISO), based in Scottsdale, Arizona, is a Top #25
managed cybersecurity and compliance services provider that is
delivering innovative solutions through its newly developed AI and
ML-powered product portfolio. The company protects the most
demanding businesses and government organizations against
continuing and emerging security threats and ensures their
compliance obligations are being met. For more information about
the company, visit CISO Global on LinkedIn, X or at
www.ciso.inc.
Forward-Looking StatementsThis
press release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995,
including, but not limited to, statements regarding our ability to
remain compliant with Nasdaq’s continued listing rules. These
forward-looking statements are based on our current assumptions,
expectations and beliefs and involve substantial risks and
uncertainties that may cause results, performance or achievements
to materially differ from those expressed or implied by these
forward-looking statements. A detailed discussion of these factors
and other risks that affect our business is included in filings we
make with the Securities and Exchange Commission (SEC) from time to
time, including our most recent annual report on Form 10-K,
particularly under the heading “Risk Factors.” Copies of these
filings are available online from the SEC or on the SEC Filings
section of our Investor Relations website at www.ciso.inc. All
forward-looking statements in this press release are based on
information currently available to us, and we assume no obligation
to update these forward-looking statements in light of new
information or future events.
Media Inquiries:
Janet BrumfieldIdeal PR+ for CISO
Global614.582.9636janet@idealprplus.com
CISO Global (NASDAQ:CISO)
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