Visionary receives Nasdaq notice for failing US$1 minimum bid price rule

Reuters04-10

Visionary receives Nasdaq notice for failing US$1 minimum bid price rule

Nasdaq notified Visionary Holdings on April 7 that it is out of compliance with Listing Rule 5550(a)(2) minimum bid price requirement.
Closing bid price stayed below US$ 1 for 30 consecutive business days from Feb. 23 to April 6.
Shares keep trading on Nasdaq Capital Market under symbol GV while company works to regain compliance.
Nasdaq set an initial compliance deadline of Oct. 5, 2026; compliance requires a closing bid of at least US$ 1 for 10 consecutive business days.
Company may seek a second 180-day cure period if it meets other listing standards; reverse stock split remains an option.

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. Visionary Holdings Inc published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202604100930PRIMZONEFULLFEED9687391) on April 10, 2026, and is solely responsible for the information contained therein.

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