{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-034885","form_type":"8-K","ticker":"VSTD","cik":"0001898604","company_name":"Vestand Inc.","filed_at":"2026-07-27T23:54:50+00:00","discovered_at":"2026-07-28T10:05:00.380547+00:00","generated_at":"2026-07-28T10:05:30.481321+00:00","sec_items":["3.01","9.01"],"event_type":"regulatory","sentiment":"negative","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Vestand receives Nasdaq delist decision; stock moves to OTC Pink","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-034885","json":"https://secwatch.observer/filing/0001493152-26-034885.json","markdown":"https://secwatch.observer/filing/0001493152-26-034885.md","text":"https://secwatch.observer/filing/0001493152-26-034885.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1898604/000149315226034885/0001493152-26-034885-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1898604/000149315226034885/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-07-28T10:05:30.481321+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}