---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-028108"
form_type: "8-K"
ticker: "VSTD"
cik: "0001898604"
company_name: "Vestand Inc."
filed_at: "2025-12-17T23:59:59+00:00"
generated_at: "2026-05-16T12:57:07.909816+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Vestand receives Nasdaq bid price deficiency notice; has until June 10, 2026 to regain compliance

## Summary
- 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.

## SEC filing metadata
- accession: 0001493152-25-028108
- form_type: 8-K
- ticker: VSTD
- cik: 0001898604
- company_name: Vestand Inc.
- filed_at: 2025-12-17T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1898604/000149315225028108/0001493152-25-028108-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1898604/000149315225028108/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-028108
- JSON: https://secwatch.observer/filing/0001493152-25-028108.json
- Plain text: https://secwatch.observer/filing/0001493152-25-028108.txt

## Key facts
- Listing & Compliance Notices
  Vestand Inc. received a nasdaq noncompliance notice notice regarding minimum bid price (rules 5550(a)(2)).
  - Exchange: nasdaq
  - Notice: noncompliance notice
  - Deficiency: minimum bid price
  - Rules: 5550(a)(2)
  source text: December 12, 2025, Vestand Inc. (the “Company”) received a written notice (the “Bid Price Notice”) from the Nasdaq Listing Qualifications Department (the “Nasdaq Staff”) indicating that the Company is not in compliance with the $1.00 minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Requirement”) for continued listing on the Nasdaq Capital Market. The notification of noncompliance has no immediate effect on the listing or trading of the Company’s Class A Common Stock on the Nasdaq Capital Market under the symbol “VSTD.” The Company is currently m
  evidence_url: https://www.sec.gov/Archives/edgar/data/1898604/000149315225028108/0001493152-25-028108-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.