regulatory
confidence high
sentiment negative
materiality 0.75
Vestand receives Nasdaq bid price deficiency notice; has until June 10, 2026 to regain compliance
Vestand Inc.
- Nasdaq notified Vestand on Dec 12, 2025 that its stock closed below $1.00 for 30 consecutive business days, violating Listing Rule 5550(a)(2).
- Company has 180 calendar days, until June 10, 2026, to regain compliance by closing at $1.00+ for at least 10 consecutive business days.
- If not cured, Vestand may qualify for an additional 180-day compliance period if it meets other initial listing standards and intends to reverse split.
- If bid price falls to or below $0.10 for 10 consecutive trading days, Nasdaq will immediately issue a delisting determination.
- The company is evaluating potential actions but has not made any decisions regarding a response.
item 3.01item 9.01