Versus Systems Receives NASDAQ Notification Regarding Minimum Stockholders’ Equity Deficiency
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 27 2024
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Source: Globenewswire
NASDAQ Compliance Notification: Versus Systems, Inc. has been notified by NASDAQ that its stockholders' equity of $1,797,764 is below the required minimum of $2,500,000 for continued listing, and it has until October 7, 2024, to submit a plan to regain compliance.
Company's Future Plans: The company is developing strategies to increase stockholder equity and aims to file its compliance plan with NASDAQ by the deadline, while also warning of potential risks related to delisting if compliance is not achieved.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
