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Vestand Inc. received a notification from Nasdaq on June 12, 2026, stating the company failed to regain compliance…
VSTDVestand Inc.
Vestand Inc. received a notification from Nasdaq on June 12, 2026, stating the company failed to regain compliance with the Minimum Bid Price Requirement of $1.00 per share. The initial 180-day compliance period ended on June 10, 2026, and the company is ineligible for further extensions. The deficiency will be reviewed by the Nasdaq Hearings Panel. Separately, the company is appealing a Staff Delisting Determination regarding its failure to file periodic reports, including its 2025 Annual Report and several quarterly reports. While a request to stay the suspension and delisting of its Class A Common Stock was granted, there is no guarantee the Panel will accept the company's compliance plan. Vestand Inc. is a company whose specific business operations are not detailed in this filing.