Vestand receives Nasdaq delist decision; stock moves to OTC Pink

Vestand Inc.

Received delist decision from Nasdaq on July 23, 2026, effective July 27, 2026.
Delisting due to failure to file periodic reports (10-Q for Sep 2025, 10-K for Dec 2025, 10-Q for Mar 2026) and minimum bid price non-compliance.
Stock began trading on OTC Pink under symbol VSTD on July 27, 2026.
Company has 15 days to request review by Nasdaq Listing and Hearing Review Council; no assurance of reversal.
Panel cited prolonged absence of public disclosure and change in business as reasons.

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