Veea Regains Full Compliance with Nasdaq Continued Listing Requirements
Key Highlights
- ➤Veea fully regained Nasdaq compliance after resolving board and committee deficiencies
- ➤Veea maintained at least $1.00 closing bid price for 10 consecutive business days
- ➤Helder Antunes resigned as director; board reduced to five members
- ➤Nasdaq will remove Veea from its list of noncompliant companies
Expert Statements
Allen Salmasi, Chairman and Chief Executive Officer of Veea
“We are pleased to resolve these previously disclosed listing matters and welcome Kanishka and Alan to their respective committee roles”
NEW YORK, Oct. 08, 2026 (GLOBE NEWSWIRE) -- Veea Inc. (NASDAQ: VEEA) (“Veea” or the “Company”) today announced that it has met the remaining governance deficiencies and it is now fully compliant with Nasdaq’s continued listing requirements. Recent changes to the Company’s board and committee composition resolve its remaining governance deficiencies, following the previously confirmed resolution of its minimum bid-price deficiency.
The governance resolution follows changes to the Company’s board and committee composition. Alan Black has been appointed to the Compensation Committee, effective October 8, 2026, in addition to his existing committee roles. This follows fellow director Kanishka Roy’s appointment to the Audit Committee.
Get started
Create a free account to read the full story.