---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-025277"
form_type: "8-K"
ticker: "VSTD"
cik: "0001898604"
company_name: "Vestand Inc."
filed_at: "2026-05-26T21:18:59+00:00"
generated_at: "2026-05-26T21:21:25.622130+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Vestand receives Nasdaq delisting notice for late quarterly and annual filings

## Summary
- Nasdaq Staff Determination on May 19, 2026 for failure to file 10-Q (Sep 2025), 10-K (2025), and 10-Q (Mar 2026).
- Company filed hearing request on May 22, 2026; hearing typically scheduled 30-45 days after request.
- Automatic 15-day stay from suspension granted with hearing request; further stay requested pending hearing.
- If appeal fails, Class A common stock may be delisted from Nasdaq and become eligible for OTC trading.
- Delinquent reports: 10-Q for Sep 2025, 10-K for 2025, and 10-Q for Mar 2026 remain unfiled.

## SEC filing metadata
- accession: 0001493152-26-025277
- form_type: 8-K
- ticker: VSTD
- cik: 0001898604
- company_name: Vestand Inc.
- filed_at: 2026-05-26T21:18:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.85
- confidence: high
- sec_items: 3.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1898604/000149315226025277/0001493152-26-025277-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1898604/000149315226025277/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-025277
- JSON: https://secwatch.observer/filing/0001493152-26-025277.json
- Plain text: https://secwatch.observer/filing/0001493152-26-025277.txt

## Source-grounded claims
- claim_id: 686d151672507d231ed419248dd9a7e169147fe6
  claim: Vestand Inc. received a nasdaq hearing update notice regarding late filing (rules 5250(c)(1)).
  evidence_excerpt: May 22, 2026, the Company submitted a request for a hearing before the Nasdaq Hearings Panel (the “Hearings Panel”) to appeal the Staff Determination (the “Hearing Request”). The Hearing Request will automatically stay t
  evidence_url: https://www.sec.gov/Archives/edgar/data/1898604/000149315226025277/0001493152-26-025277-index.htm
- claim_id: ab2cf4d07859b38d48cfa05c197175fcd5475d65
  claim: Vestand Inc. received a nasdaq delisting notice notice regarding late filing (rules 5250(c)(1)).
  evidence_excerpt: May 19, 2026, the Company received a Staff Delisting Determination letter (the “Staff Determination”) from Nasdaq notifying it that Nasdaq has initiated a process which could result in the delisting of the Company’s secu
  evidence_url: https://www.sec.gov/Archives/edgar/data/1898604/000149315226025277/0001493152-26-025277-index.htm

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