---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-095986"
form_type: "8-K"
ticker: "VS"
cik: "0001701963"
company_name: "Versus Systems Inc."
filed_at: "2024-11-08T23:59:59+00:00"
generated_at: "2026-05-30T02:53:36.098020+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Versus Systems discloses Nasdaq non-compliance over audit committee and quorum rules

## Summary
- On Nov 4, 2024, notified Nasdaq of non-compliance with Listing Rules 5605(c)(2)(A) (audit committee) and 5620(c)(i) (quorum).
- Non-compliance triggered by CEO Luis Goldner's appointment; compensation committee compliance regained by removing him from committees on Nov 7.
- To regain audit committee compliance, plans to appoint a new independent director to Board and Audit Committee.
- To fix quorum, will propose bylaw amendments at December 2024 annual shareholder meeting.
- Failure to regain compliance could lead to delisting of VS common shares and VSSYW warrants.

## SEC filing metadata
- accession: 0001213900-24-095986
- form_type: 8-K
- ticker: VS
- cik: 0001701963
- company_name: Versus Systems Inc.
- filed_at: 2024-11-08T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1701963/000121390024095986/0001213900-24-095986-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1701963/000121390024095986/ea0220501-8k_versus.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-095986
- JSON: https://secwatch.observer/filing/0001213900-24-095986.json
- Plain text: https://secwatch.observer/filing/0001213900-24-095986.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.