Vestand shares face Nasdaq delisting over reporting lapses - VSTD News | RalliesVestand shares face Nasdaq delisting over reporting lapses
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VSTD• Review option remains available
- The company has 15 days from the July 23 decision to seek review by Nasdaq’s Listing and Hearing Review Council.
Shares move to OTC Pink Limited Market
- Shares started trading on the OTC Pink Limited Market on July 27, 2026 under symbol VSTD.
Nasdaq orders delisting after filing and bid-price lapses
- Nasdaq hearings panel ordered Vestand’s Nasdaq Capital Market delisting effective July 27, 2026.
- The decision cited missed SEC periodic filings, including the Sept. 30, 2025 10-Q, the 2025 10-K, and the March 31, 2026 10-Q.
- Nasdaq also flagged a breach of the $1 minimum bid price rule, adding pressure on continued listing eligibility.
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