---
title: "Versus Systems regains Nasdaq equity compliance after $1.7M stock sale and $1.485M license revenue"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293737329.md"
description: "Versus Systems regained Nasdaq equity compliance by issuing $1.7M in shares and recognizing $1.485M in license revenue, boosting pro forma stockholders' equity to $3.4M. The company exceeded the $2.5M threshold as of June 30, 2026. However, Nasdaq will continue monitoring compliance, with potential delisting proceedings if future reports fail to demonstrate adherence."
datetime: "2026-07-24T10:03:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293737329.md)
  - [en](https://longbridge.com/en/news/293737329.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293737329.md)
---

# Versus Systems regains Nasdaq equity compliance after $1.7M stock sale and $1.485M license revenue

**Versus Systems regained compliance with Nasdaq's $2.5M stockholders' equity requirement after issuing shares for $1.7M and recognizing $1.485M in license revenue.**

**Key Highlights:**

-   Issued 1,310,969 common shares to ASPIS Cyber Technologies for $1,700,000, boosting cash to $1.36M pro forma.
-   Recognized $1,485,000 of revenue in Q2 2026 from a functional license under ACT's amended Technology License agreement.
-   Pro forma stockholders' equity improved to $3,403,606 as of June 30, 2026, exceeding Nasdaq's $2.5M threshold.
-   Nasdaq will continue to monitor compliance and may commence delisting proceedings if future reports do not evidence compliance.

Original SEC Filing: Versus Systems Inc. \[ VS \] - 8-K - Jul. 23, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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