Vimicro regains compliance with minimum-bid closing-price requirement Vimicro announced that the Company recently received notification from the Nasdaq Stock Market of having regained compliance with the $1.00 minimum per-share closing bid-price requirement.
News For VIMC From The Last 14 Days
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Vimicro to receive $16M in SVAC solution order Vimicro International announced that its subsidiary Shanxi Zhongtianxin Science and Technology has received an order for a SVAC, or Surveillance Video and Audio Coding-based technology solution, valued at nearly $41M, of which Vimicro will receive approximately $16M. The subsidiary received the order from the Baoding Public Security Bureau for a city-wide SVAC-based surveillance network project in Baoding city in Hebei province. Deployment will commence in Q4.