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BIO-key International, Inc. - $BKYI STOCK NEWS

Welcome to our dedicated page for BIO-key International news (Ticker: $BKYI), a resource for investors and traders seeking the latest updates and insights on BIO-key International stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect BIO-key International's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of BIO-key International's position in the market.

Rhea-AI Summary

BIO-key, a provider of Identity and Access Management (IAM) and Identity-Bound Biometric (IBB) solutions, will participate in the 2024 Virtual Tech Conference Series on June 4-5, presented by Maxim Group and hosted by M-Vest. CEO Mike DePasquale will join a Fireside chat on June 4th from 9:00 to 9:30 a.m. ET. The conference will feature discussions on how emerging growth companies leverage new technologies like AI. Investors can engage with management and submit questions during the event. Maxim Group, a full-service investment bank, will facilitate the conference, focusing on technological impacts on business growth.

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End-of-Day
2.02%
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Rhea-AI Summary

BIO-key International (Nasdaq: BKYI), a provider of identity and access management solutions, received a non-compliance notice from Nasdaq on May 22, 2024.

The company failed to timely file its Quarterly Report on Form 10-Q for the quarter ended March 31, 2024. This delay is attributed to the ongoing restatement of financial statements for various periods in 2023. The company also remains delinquent in filing its Form 10-K for the period ended December 31, 2023.

BIO-key has until June 17, 2024, to submit a compliance plan to Nasdaq. If accepted, an extension until October 14, 2024, may be granted to regain compliance. The company intends to file the delayed reports soon to meet Nasdaq's listing requirements.

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-1.05%
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Rhea-AI Summary

BIO-key International (Nasdaq: BKYI), a provider of Identity and Access Management (IAM) solutions, announced plans to file audited 2023 results and report Q1 2024 results next week. The company will also hold an investor call. Details will be provided once confirmed. BIO-key engaged Bush & Associates CPA on April 23, 2024, as its new independent registered public accounting firm.

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4.32%
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Rhea-AI Summary

BIO-key International, Inc. (NASDAQ: BKYI) has won the Hot Company Multi-Factor Authentication award at the 12th Annual Global InfoSec Awards at #RSAC 2024. The company's IAM platform PortalGuard® offers innovative authentication solutions, including biometric options for maximum security.

Rhea-AI Impact
Rhea-AI Sentiment
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-4.57%
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Rhea-AI Summary
BIO-key International, Inc. received a notice of non-compliance from Nasdaq for failing to timely file its Annual Report on Form 10-K for the fiscal year ended December 31, 2023. The company has 60 days to submit a plan to regain compliance with Nasdaq's listing requirements. If accepted, an extension of up to 180 days may be granted. BIO-key plans to file the Form 10-K promptly to meet Nasdaq's requirements.
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-1.2%
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Rhea-AI Summary
BIO-key International, Inc. partners with Asecus AG to implement AuthControl Sentry login solution for Ticino, Switzerland, enhancing digital security. The collaboration strengthens Office365 login protection and overall digital communications integrity.
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8.29%
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Rhea-AI Summary
BIO-key International, Inc. announces preliminary results for Q4'23 and 2023, showcasing revenue growth, cost-cutting measures, and strategic outlook for 2024.
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End-of-Day
-7.41%
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Rhea-AI Summary
BIO-key International, Inc. (BKYI) announces its Q4 2023 investor call with key executives. The company specializes in Identity and Access Management solutions. The recent stock price is $2.00 with a TTM revenue of $8.6M and a market cap of $3.9M. TTM revenue growth is at +39%.
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5%
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Rhea-AI Summary
Humanity International Investments (HII) and BIO-key® International, Inc. (NASDAQ: BKYI) announce significant milestones in the Humanity Protocol initiative, with over 40,000 NFTs claimed to date. The partnership aims to revolutionize digital identity through biometric technology and blockchain integration, empowering individuals in Africa and beyond. The Community Staking program enhances financial inclusivity, with 40,000 registered users across 94 countries benefiting from this innovative approach.
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End-of-Day
9.26%
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partnership
Rhea-AI Summary
BIO-key International, Inc. announces a $1.5 million agreement with a financial services customer for biometric customer identification technology, serving over 25 million clients. The agreement anticipates 12% annual growth in users, showcasing the client's continued strong growth in enrollments over eight years.
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Rhea-AI Sentiment
End-of-Day
7.03%
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BIO-key International, Inc.

Nasdaq:BKYI

BKYI Rankings

BKYI Stock Data

3.52M
622.85k
4.93%
5.47%
1.04%
Software Publishers
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United States of America
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About BKYI

bio-key international, inc. (otcqb: bkyi), is a trusted provider of enterprise and consumer biometric software and hardware authentication solutions. established in 1993 customers include the fortune 500, government agencies, healthcare organizations, call centers, schools, retailers, and oem partners. in 2016, the company introduced a line of compact fingerprint readers that have been tested and qualified for use with windows hello. these affordable and easy to install / easy to use readers are available through amazon, microsoft, dell.com and other leading retailers. at the consumer electronic show 2017, bio-key launched a series of biometric padlocks. touchlock won top product and was featured on more than 30+ morning television shows. looking into the future bio-key remains committed to developing the biometric of things (bot) a series of biometrically enabled consumer friendly products. all inspired by the power of a touch.