VS Media Holdings Limited, a prominent player in the digital media and social commerce sector, announced that it has regained compliance with Nasdaq's continued listing standards. The company received formal notification from Nasdaq on July 2, 2025, confirming that it meets the requirements outlined in Listing Rule 5550(b). This rule mandates that a company must satisfy at least one of the criteria related to stockholders' equity, market value of listed securities, or net income from continuing operations. VS Media achieved compliance by strengthening its balance sheet through recent public offerings, generating gross proceeds of $9,176,100. This development marks the resolution of the company's previous listing deficiency, as confirmed by Nasdaq.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. VS Media Holdings Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001641172-25-017713), on July 03, 2025, and is solely responsible for the information contained therein.
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