regulatory
confidence high
sentiment negative
materiality 0.70
VSee Health receives Nasdaq delisting notice for late 10-Q filing
VSEE HEALTH, INC.
- Nasdaq staff notified VSEE on May 23, 2025 of non-compliance with Listing Rule 5250(c)(1) due to failure to timely file Form 10-Q for period ended March 31, 2025.
- Company has 60 calendar days to submit a compliance plan; if accepted, Nasdaq may grant up to 180 days from the original due date (until October 13, 2025) to file the Form 10-Q.
- No immediate effect on listing of common stock (VSEE) or warrants (VSEEW); trading continues normally pending compliance process.
- Management intends to submit a compliance plan and file the Form 10-Q within the 60-day period, but no assurance is given that Nasdaq will grant an exception or that compliance will be achieved.
item 3.01