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VS Media Holds Nasdaq Listing Amid Compliance Challenge
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VS Media Holds Nasdaq Listing Amid Compliance Challenge

Story Highlights
  • VS Media Holdings was notified by Nasdaq for not meeting the $2.5 million equity requirement.
  • The company has until March 3, 2025, to submit a compliance plan to maintain its Nasdaq listing.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Invest with Confidence:

VS Media Holdings Limited Class A ( (VSME) ) just unveiled an update.

VS Media Holdings Limited, operating in the media and technology sector, recently received a notice of noncompliance from Nasdaq regarding its failure to meet the minimum stockholders’ equity requirement of $2.5 million for continued listing on the Nasdaq Capital Market as of June 30, 2024. This notice, which has no immediate effect on the company’s listing, gives VS Media Holdings until March 3, 2025, to submit a compliance plan. The company is actively evaluating solutions to address this issue and is committed to regaining compliance within the stipulated timeframe.

More about VS Media Holdings Limited Class A

YTD Price Performance: -22.67%

Average Trading Volume: 382,430

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $3.77M

For an in-depth examination of VSME stock, go to TipRanks’ Stock Analysis page.

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