ST. LOUIS, Oct. 26, 2026 (GLOBE NEWSWIRE) -- Verde Resources, Inc. (OTCQB: VRDR) ("Verde" or the "Company"), an emerging leader in sustainable infrastructure technologies, today announced that it has filed with the U.S. Securities and Exchange Commission (the “SEC”) a request for withdrawal of the Company’s Registration Statement on Form S-1 (File No. 333-292386), initially filed with the SEC on December 23, 2025 and last amended on August 5, 2026 (the “Registration Statement”), as the Company no longer intends to pursue a public offering under the Registration Statement at this time.
The Registration Statement has not been declared effective, and no securities of the Company were sold in connection with the offering contemplated by the Registration Statement.
The Company emphasizes that this decision does not alter its commitment to uplisting to the Nasdaq Stock Market (“Nasdaq”). The Company remains focused on advancing this objective while continuing to execute its commercial strategy, pursue key growth initiatives, and create long-term shareholder value.
Verde remains firmly committed to its Nasdaq uplisting objective, subject to satisfying all applicable listing requirements and obtaining the necessary approvals. The Company looks forward to providing shareholders with further updates as meaningful milestones are achieved.
About Verde Resources Inc.
Verde Resources Inc. (OTCQB: VRDR) is an emerging leader in environmentally sustainable infrastructure products and technologies, specializing in innovative and cost-effective solutions designed to help the industry seamlessly #TransitionToZero®.
Through its engineered biochar, sustainable road-material technologies and Net Zero Blueprint, Verde is developing solutions designed to reduce greenhouse gas emissions, sequester carbon dioxide, expand the use of recycled and locally available materials, and transform conventional infrastructure into a platform for measurable carbon storage.
For more information, please visit www.verderesources.com.
Cautionary Note Regarding Forward-Looking Statements
This press release and statements of Verde’s management made in connection with the matters addressed by this press release contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding Verde’s expectations, projections, and potential future developments. Statements attributed to Verde reflects its views as of the date hereof and are not intended as guarantees of future performance. All forward-looking statements are subject to the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934.
Forward-looking statements involve significant known and unknown risks, uncertainties, and other factors that could cause actual results to differ materially and adversely from those expressed or implied. In some cases, forward-looking statements can be identified by words such as “may,” “will,” “expect,” “plan,” “believe,” “estimate,” “anticipate,” “project,” “seek,” “propose,” “intend,” “aim,” “goal,” “potential,” “explore” or derivations of such words or similar expressions regarding the future, although forward-looking statements may be denoted by other terms. In this press release, forward-looking statements include those related to Verde's product potential, commercialization strategy, commercial collaborations, capital markets strategies, growth initiatives, and creation of shareholder value. These and other statements are based on current expectations and speak only as of the date of this release.
A non-exclusive list of risks and uncertainties that could cause the forward-looking statements herein to differ from future results includes, without limitation: (i) the risk that Verde will not be successful in its attempt to meet the initial listing qualifications or receive approval to uplist to Nasdaq or another national securities exchange, (ii) the risk that Verde’s capital markets strategies will be less successful than currently contemplated, if at all, and (iii) risks related to Verde’s executing on its commercial strategy, advancing its growth initiatives, and creating long-term shareholder value as currently contemplated, to a lesser degree, or at all. Other important factors that could cause actual results to differ materially from those in the forward-looking statements include those contained in the Verde’s filings with the SEC, which can be accessed here.
Accordingly, readers are cautioned not to place undue reliance on the forward-looking statements contained herein. Except as required by applicable law, Verde does not plan to publicly update or revise any forward-looking statements contained herein, whether because of any new information, future events, changed circumstances, or otherwise.
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Verde Resources, Inc.
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