---
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"
generated_at: "2026-07-28T10:05:30.481321+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Vestand receives Nasdaq delist decision; stock moves to OTC Pink

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 3.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-034885
- JSON: https://secwatch.observer/filing/0001493152-26-034885.json
- Plain text: https://secwatch.observer/filing/0001493152-26-034885.txt

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