Recent Updates — LUCY

Innovative Eyewear received a notice from Nasdaq indicating its common stock failed to meet the Minimum Bid Requirement, having closed below $1.00 per share for 30 consecutive business days. The company has until April 7, 2027, to regain compliance by maintaining a closing bid price of at least $1.00 for ten consecutive business days. Failure to comply may result in delisting proceedings. Innovative Eyewear operates in the eyewear industry.

Innovative Eyewear announced preliminary unaudited third-quarter 2026 net sales of approximately $1.04 million, representing a 55% increase from the prior year period and marking the highest quarterly revenue in the company's history. This growth follows a 163% year-over-year increase in Q3 2025 and extends to thirteen consecutive quarters of annual revenue growth. For the first nine months of 2026, net sales reached approximately $2.8 million, up 66% compared to the same period last year, already exceeding full-year 2025 sales of $2.66 million. The company also highlighted expansion into new wholesale channels, including a major U.S. big-box retailer and partnerships in Canada and Australia/New Zealand. Innovative Eyewear is a developer and manufacturer of smart eyewear under brands such as Lucyd, Reebok, Nautica, and Eddie Bauer.