secwatch.observer — SEC 8-K summary
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Issuer:     VirTra, Inc (VTSI)
CIK:        0001085243
Form:       8-K
Filed at:   2022-04-07T23:59:59+00:00
Accession:  0001493152-22-009312
Event type: regulatory
Sentiment:  negative
Materiality: 0.85
Item codes: 3.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1085243/000149315222009312/0001493152-22-009312-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1085243/000149315222009312/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-009312

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