regulatory
confidence high
sentiment negative
materiality 0.60
Vestand Inc. (VSTD): Nasdaq/NYSE listing notice — Yoshiharu Global receives Nasdaq delisting notice for insufficient publicly held shares
Vestand Inc.
- Nasdaq notified Company on Dec 1, 2023 that it fails the minimum 500,000 publicly held shares requirement under Listing Rule 5550(a)(4).
- Company has until Jan 16, 2024 to submit a plan to achieve and sustain compliance with Nasdaq listing standards.
- If plan is not accepted, Company may appeal to a Nasdaq Hearings Panel; Company is evaluating options to regain compliance.