secwatch.observer — SEC 8-K summary
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Issuer:     VirTra, Inc (VTSI)
CIK:        0001085243
Form:       8-K
Filed at:   2022-05-19T23:59:59+00:00
Accession:  0001493152-22-014405
Event type: regulatory
Sentiment:  negative
Materiality: 0.70
Item codes: 3.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

VirTra receives Nasdaq delisting notice for late Q1 2022 Form 10-Q
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- Nasdaq notified VirTra on May 17, 2022, for non-compliance with Listing Rule 5250(c)(1) due to untimely filing.
- Company's common stock listing on Nasdaq is not immediately affected, but delisting risk exists if compliance not regained.
- VirTra has 60 calendar days to submit a plan to Nasdaq to regain compliance.
- If plan accepted, Nasdaq may grant up to 180 days from the Form 10-Q due date to file.
- Co-CEO Bob Ferris stated company is working with auditor to finalize both 10-K for 2021 and 10-Q for Q1 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1085243/000149315222014405/0001493152-22-014405-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1085243/000149315222014405/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-014405

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