{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-25-025744","form_type":"8-K","ticker":"VSTD","cik":"0001898604","company_name":"Vestand Inc.","filed_at":"2025-12-02T23:59:59+00:00","discovered_at":"2026-05-14T18:02:41.018080+00:00","generated_at":"2026-05-16T15:47:27.530675+00:00","sec_items":["3.01","7.01","9.01"],"event_type":"regulatory","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Vestand receives Nasdaq delisting notice for late Q3 10-Q filing; has 60 days to submit compliance plan","bullets":["Nasdaq notified Vestand on Nov 25, 2025 for failure to file Form 10-Q for period ended Sep 30, 2025, violating Listing Rule 5250(c)(1).","Company has 60 calendar days to submit a plan; if accepted, Nasdaq may extend compliance until May 18, 2026.","No immediate effect on listing of Class A common stock (VSTD) on the Nasdaq Capital Market.","Vestand intends to regain compliance but warns no assurance filing will be timely or extension granted."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-25-025744","json":"https://secwatch.observer/filing/0001493152-25-025744.json","markdown":"https://secwatch.observer/filing/0001493152-25-025744.md","text":"https://secwatch.observer/filing/0001493152-25-025744.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1898604/000149315225025744/0001493152-25-025744-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1898604/000149315225025744/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T15:47:27.530675+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"fced5c23bd57eb9d9e1d642a77389b03811b4ea9","claim":"Vestand Inc. received a nasdaq deficiency notice notice regarding late filing (rules 5250(c)(1)).","evidence_excerpt":"November 25, 2025, Vestand Inc. (the “Company”) received a notice (the “Notice”) from Nasdaq Listing Qualifications (“Nasdaq”) notifying the Company that as it has not yet filed its Quarterly Report on Form 10-Q for the period ended September 30, 2025 (the “Form 10-Q”), the Company no longer complies with Listing Rule 5250(c)(1) for continued listing on Nasdaq. The Company has 60 calendar days to submit to Nasdaq a plan to regain compliance, and if such plan is accepted, Nasdaq may grant the Company an extension of up to 180 calendar days from the prescribed due date for filing the Form 10-Q","evidence_source":"SEC 8-K Item 3.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1898604/000149315225025744/0001493152-25-025744-index.htm","confidence":0.9,"family_label":"Listing & Compliance Notices","details":[{"label":"Exchange","value":"nasdaq"},{"label":"Notice","value":"deficiency notice"},{"label":"Deficiency","value":"late filing"},{"label":"Rules","value":"5250(c)(1)"}],"fact_type":"exchange_compliance_notice"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}