Vislink voluntarily delists from Nasdaq, plans OTC trading citing cost savings and inactive market

Vislink Technologies, Inc.

Notified Nasdaq of voluntary delisting; expects to file Form 25 on/about Feb 10, 2025.
Delisting effective 10 days after Form 25 filing; common stock to trade on OTC Markets if possible.
Board cites lack of active trading, high regulatory costs, and management burden as reasons.
Company may file Form 15 later to deregister and suspend SEC reporting obligations.
CEO Mickey Miller says delisting will reduce costs and allow focus on product development.

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