regulatory
confidence high
sentiment negative
materiality 0.75
VSee Health receives Nasdaq bid price deficiency letter; faces multiple listing non-compliance issues
VSEE HEALTH, INC.
- Nasdaq staff notified VSee on Sep 24, 2025 that common stock bid price closed below $1.00 for 30 consecutive business days.
- Company has 180 calendar days, until March 23, 2026, to regain compliance by closing at $1.00+ for 10 consecutive days.
- Also not in compliance with timely filing of Q1 and Q2 2025 10-Qs and minimum stockholders' equity of $2.5M.
- Company intends to monitor bid price and consider options, including a potential reverse stock split.
- If not cured, VSee's common stock and public warrants may be delisted from Nasdaq.
item 3.01