Versus Systems (VS) has released an update.
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Versus Systems Inc. has been notified by NASDAQ of its insufficient stockholders’ equity, falling below the required minimum for continued listing on the Capital Market. The company has until October 7, 2024 to propose a plan to regain compliance, with the possibility of a 180-day extension. Versus Systems is actively working on strategies to increase equity and meet NASDAQ’s standards.
For further insights into VS stock, check out TipRanks’ Stock Analysis page.