Virtuix gets Nasdaq notice for failing $50 million market value requirement
VTIX•Virtuix received a Nasdaq notice after its market value of listed securities fell below $50 million for 30 consecutive business days. It has until March 29, 2027, to comply by meeting the threshold for 10 straight days.
1. Compliance window granted
Nasdaq gave Virtuix 180 days, through March 29, 2027, to regain compliance with the $50 million market value of listed securities requirement. The deficiency followed market value levels below the threshold from Aug. 18 to Sept. 29, 2026.
2. Possible next steps
If Virtuix does not regain compliance by the deadline, Nasdaq could issue a delisting notice, which the company could appeal to a Nasdaq hearings panel. Management is evaluating remedies, including a possible transfer to the Nasdaq Capital Market, subject to Nasdaq approval.
