Vicon Announces NYSE American LLC Notification Pf Failure To Comply With Continuing Listing Standard

HAUPPAUGE, N.Y.--(BUSINESS WIRE)-- On June 14, 2018, Vicon Industries, Inc. (the "Company") received a letter from NYSE American LLC (the “Exchange”) stating that the Company is not in compliance with the stockholders’ equity continued listing standards set forth in Section 1003(a)(ii) of the NYSE American Company Guide (the “Company Guide”). In order to maintain its listing, the Company must submit a plan of compliance by July 16, 2018 addressing how it intends to regain compliance with Section 1003(a)(ii) of the Company Guide by December 16, 2019. The Company's management is pursuing options to address the deficiency and intends to submit a compliance plan on or before the deadline set by the Exchange.