Verde Resources, Inc.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $57.4M
- Price
- $0.044
- % Change (Daily % change from the live per-ticker quote feed.)
- 0.00%
- Volume
- 61.5K
About
Verde Resources, Inc. operates as a road construction and building materials company in the United States, and Malaysia. It offers Verde V24 a licensed proprietary cold mix biochar asphalt emulsifying agent. The company offers engineered biochar; cold mix biochar asphalt, a stable form of carbon derived from organic waste, and formulated with a proprietary emulsifying agent; as well as terraZyme enzyme-based oil stabilization, a proprietary enzyme-based catalyst engineered to improve the strength, durability, and moisture resistance of native soils. It also provides BioAsphalt, a powerful carbon sequestering material. In addition, it offers digital innovation, marketing and consulting services, PR, branding, influencer marketing, event management, and media relations services. It serves road construction and infrastructure development, as well as governmental entities. The company was formerly known as Gold Billion Global Limited and changed its name to Verde Resources, Inc. in February 2014. Verde Resources, Inc. was incorporated in 2010 and is headquartered in Saint Louis, Missouri.
Quick stats
Shares outstanding1.3B
Computed float784.8M
Float / shares60.2%
Cash runway (months)11
Key info
SectorBasic Materials
IndustryAgricultural Inputs
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001506929
AI Summary
AI-generated1/13
minorneutraloffering
Verde Resources Withdraws Form S-1, Reaffirms Nasdaq Uplisting Plans
Verde Resources filed a request with the SEC to withdraw its Form S-1 registration statement (File No. 333-292386), stating it no longer intends to pursue a public offering under that registration at this time.
The S-1 was never declared effective and no securities were sold under it, so the withdrawal itself has no direct financing or dilution consequence.
Management reaffirmed its commitment to uplisting to Nasdaq, subject to meeting listing requirements and approvals, while continuing its commercial strategy in sustainable infrastructure and biochar technologies.
Red flags
- withdrawn S-1 may signal difficulty accessing equity capital markets
- Nasdaq uplisting remains subject to satisfaction of listing requirements and is not assured