regulatory
confidence high
sentiment negative
materiality 0.75
VSee Health receives Nasdaq delinquency notice for late Q2 2024 10-Q filing; has 60 days to submit compliance plan
VSEE HEALTH, INC.
- Received Nasdaq notice on Sept 6, 2024 due to missing Q2 2024 Form 10-Q deadline; must respond by Nov 5, 2024.
- If compliance plan is accepted, Nasdaq may grant extension until Feb 18, 2025 to file the overdue 10-Q.
- Notice has no immediate effect on trading; VSEE common stock and VSEEW warrants continue listed on Nasdaq.
- Delay caused by valuations related to de-SPAC acquisition of iDoc Virtual Telehealth Solutions completed in June 2024.
- Company intends to file Form 10-Q as soon as practicable and regain compliance with Nasdaq listing rules.