Vestand Inc. Faces Nasdaq Delisting Risk Over $1 Minimum Bid Price Compliance
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Vestand Inc. faces a risk of delisting from Nasdaq as its Class A Common Stock has closed below the $1.00 minimum bid price for 30 consecutive business days. The company has until June 10, 2026, to regain compliance by maintaining a closing bid price of at least $1.00 per share for ten consecutive business days. Failure to comply could lead to delisting, though an additional 180-day compliance period may be granted if other listing standards are met.
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