regulatory
confidence high
sentiment negative
materiality 0.75
VSEE HEALTH, INC. (VSEE): Nasdaq/NYSE listing notice — Digital Health Acquisition Corp. receives Nasdaq delisting notice for MVLS below $50M
VSEE HEALTH, INC.
- Received Nasdaq letter on March 31, 2023 for failing to meet $50M Market Value of Listed Securities requirement.
- Securities (common stock, units, warrants) traded below threshold for 30 consecutive trading days.
- Has 180 days until September 27, 2023 to regain compliance by closing at $50M+ for 10 consecutive business days.
- May transfer to Nasdaq Capital Market if unable to regain compliance by the deadline.
- Company states no assurance it can regain or maintain compliance with Nasdaq Global listing standards.