• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
PublishDashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees
    Legal
    Terms of usePrivacy policyCookie policy

    Cemtrex Regains Compliance with Nasdaq Audit Committee Composition Requirements & Appoints Two New Independent Directors to Its Board of Directors

    11/12/21 8:30:00 AM ET
    $CETX
    Electrical Products
    Technology
    Get the next $CETX alert in real time by email

    Brooklyn, NY, Nov. 12, 2021 (GLOBE NEWSWIRE) -- - Cemtrex Inc. (NASDAQ:CETX, CETXP, CETXW))), a technology company driving innovation in Internet of Things (IoT), security, machine vision & artificial intelligence, and augmented & virtual reality, today announced that it has received notification from the Nasdaq Stock Market LLC ("Nasdaq") indicating that, as a result of the Company's appointment of new independent directors, the Company has regained compliance with NASDAQ Listing Rule (Listing Rule, 5605(c)(4)) related to the audit committee requirements of its Board of Directors. The notification stated that the matter of non-compliance is now closed, and the scheduled hearing before the Hearings Panel of Nasdaq has been cancelled.

    Cemtrex has appointed independent directors Chris Wagner and Manpreet Singh, CFA to the Board of Directors.

    Chris Wagner is a technology expert who partners with investors, executives, and entrepreneurs to grow their professional brands, revenues, and customers. After spending more than a decade in the video internet streaming industry, Chris has developed an uncanny ability to start-up new technology businesses and enhance existing enterprises through digitally enabled services. He co-founded internet start-up NeuLion and helped grow the business to $100 million dollars, which sold to Endeavor for $250 million in cash. Chris's ability to creatively apply technology to business opportunities has given him a front row seat with management teams, boards, and the internet industry. His passion for technology and how to apply it to enable business success, has created a network of followers interested in his views and how he might add value to their teams.

    Manpreet Singh is the founder and Chief Investment Officer of Singh Capital Partners (SCP), a multifamily office that directs investments into venture capital, real estate, and growth equity. SCP invests capital on behalf of Fortune 500 CXOs, Unicorn founders and operators and has executed investments in North America, Europe and Asia. Prior to founding, SCP, Manpreet was the Co-Founder of TalkLocal - a venture backed local services marketplace. Prior to TalkLocal, Manpreet worked at Profit Investment Management, a DC-based firm, where he was responsible for managing $1B invested in technology companies globally for the firm. He serves on the numerous non-profit and private company boards including AcquCo, US Inspect, Embrace Software, Snowball Industries, Shukr Investments, Suburban Hospital (John Hopkins Medicine) and Dingman Center at the Smith School of Business. He is a CFA Charterholder and received his MBA from the Wharton School of Business in Entrepreneurship, Finance, and Real Estate. He also holds a B.S. in Finance with a citation in Entrepreneurship from the University of Maryland, College Park.

    "We are privileged to welcome two members with such prestigious backgrounds to the Cemtrex Board," said Saagar Govil, Cemtrex CEO. "Manpreet is an experienced investment portfolio manager and financial executive who will help us expand the breadth and depth of our reach as a Company, positioning us to create additional value for our shareholders. Chris brings valuable experience and insights in both technology and finance, in addition to firsthand knowledge of growing digital brands. Together, Manpreet and Chris will contribute a wealth of expertise to the Board, adding to the exceptional team that we have elected to guide us forward and scale our business."

    About Cemtrex

    Cemtrex, Inc. (CETX) is a leading multi-industry technology company that is driving innovation in markets such as Internet of Things (IoT), Augmented and Virtual Reality (AR & VR), and Artificial Intelligence and Computer Vision (AI & CV) in a wide range of sectors, including consumer products, industrial manufacturing, digital applications, and intelligent security & surveillance systems. www.cemtrex.com.

    Forward-Looking Statements

    This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including statements relating to the closing of the offering, gross proceeds from the offering, our new product offerings, expected use of proceeds, or any proposed fundraising activities. These forward-looking statements are based on management's current expectations and are subject to certain risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by such forward looking statements. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. These risks and uncertainties are discussed under the heading "Risk Factors" contained in our Form 10-K filed with the Securities and Exchange Commission. All information in this press release is as of the date of the release and we undertake no duty to update this information unless required by law.





    Investor Relations
    Chris Tyson
    Executive Vice President – MZ North America
    Direct: 949-491-8235
    [email protected]
    www.mzgroup.us

    Primary Logo

    Get the next $CETX alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $CETX

    DatePrice TargetRatingAnalyst
    More analyst ratings

    $CETX
    SEC Filings

    See more
    • Cemtrex Inc. filed SEC Form 8-K: Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing, Financial Statements and Exhibits

      8-K - CEMTREX INC (0001435064) (Filer)

      6/9/25 9:00:10 AM ET
      $CETX
      Electrical Products
      Technology
    • Amendment: Cemtrex Inc. filed SEC Form 8-K: Other Events, Financial Statements and Exhibits

      8-K/A - CEMTREX INC (0001435064) (Filer)

      6/4/25 5:05:24 PM ET
      $CETX
      Electrical Products
      Technology
    • Cemtrex Inc. filed SEC Form 8-K: Other Events, Financial Statements and Exhibits

      8-K - CEMTREX INC (0001435064) (Filer)

      6/3/25 4:00:23 PM ET
      $CETX
      Electrical Products
      Technology

    $CETX
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Cemtrex's Vicon NEXT Camera Wins Multiple Industry Awards, Signaling Commercial Momentum and Category Leadership

      Hauppauge, NY, June 26, 2025 (GLOBE NEWSWIRE) -- Vicon Industries, a subsidiary of Cemtrex Inc. (NASDAQ:CETX, CETXP)) and a leading provider of advanced security and surveillance solutions, today announced that its next-generation surveillance solution, the NEXT Modular Sensor System, has received multiple industry awards, signaling early traction and strong reception from the security industry. Launched earlier this year, NEXT is gaining recognition for its combination of modularity, rapid installation, and AI-powered deterrence, unique features designed to meet the evolving demands of modern security buyers. Most recently, the product was honored at the Electronic Security Expo (ESX) w

      6/26/25 9:05:00 AM ET
      $CETX
      Electrical Products
      Technology
    • Cemtrex Accelerates Growth Strategy After Strong First Half with Targeted Acquisitions

      Hauppauge, NY, June 12, 2025 (GLOBE NEWSWIRE) -- Cemtrex Inc. (NASDAQ:CETX), a diversified industrial and technology company, today announced a renewed focus on accelerating operating income growth through targeted acquisitions, following a breakout first half of fiscal 2025. Cemtrex reported over $2.3 million in operating income for the first six months of the year, a major shift from the prior year and a clear signal that the Company's core businesses, particularly Vicon Security, are now generating sustainable profitability. First-half revenue grew to $41 million, up more than 20% year-over-year, driven by strong execution and continued demand across its industrial and security platfo

      6/12/25 9:15:00 AM ET
      $CETX
      Electrical Products
      Technology
    • Cemtrex Regains Compliance with NASDAQ Stockholders' Equity Requirement

      Hauppauge, NY, June 09, 2025 (GLOBE NEWSWIRE) --  Cemtrex Inc. (NASDAQ:CETX, CETXP)), an advanced security technology and industrial services company, today announced that it has received a notification letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that it has regained compliance with the minimum stockholders' equity requirement under Nasdaq Listing Rule 5550(b)(1). The Company's security will continue to be listed and traded on The Nasdaq Stock Market. Cemtrex previously received a notification letter from the Nasdaq Listing Qualifications Department on February 21, 2025, notifying the Company that, because the stockhold

      6/9/25 9:00:00 AM ET
      $CETX
      Electrical Products
      Technology