VirTra receives Nasdaq delinquency notice for delayed 2021 10-K; must submit compliance plan within 60 days

VirTra, Inc

Nasdaq notified VirTra on April 5, 2022, of non-compliance with Listing Rule 5250(c)(1) due to late 2020 10-K filing.
Company has 60 calendar days to submit a plan to regain compliance; Nasdaq may grant up to 180 days extension.
CEO Bob Ferris attributed delay to ERP system implementation and COVID-related personnel limitations.
If compliance not regained, VirTra's common stock (VTSI) is subject to delisting from Nasdaq.

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