DelistingMay 4, 2026, 04:03 PM
Visionary Holdings Receives Nasdaq Delisting Notice, Pays Fees
AI Summary
Visionary Holdings Inc. announced it received a staff determination letter from Nasdaq on April 29, 2026, notifying the company of non-compliance with Nasdaq Listing Rule 5250(f) due to delinquent listing fees of approximately US$35,000. Nasdaq threatened to delist the company's securities and suspend trading by May 8, 2026, if a hearing was not requested by May 6, 2026. Following the notice, Visionary Holdings paid the outstanding fees and is now working with Nasdaq to resolve the matter and maintain compliance with listing requirements.
Key Highlights
- Visionary Holdings Inc. received a Nasdaq staff determination letter on April 29, 2026.
- The company was notified of non-compliance with Nasdaq Listing Rule 5250(f) due to delinquent listing fees.
- The outstanding fee balance was approximately US$35,000 related to annual listing fees.
- Nasdaq determined to delist the company's securities unless a hearing was requested by May 6, 2026.
- Trading of common shares would be suspended on May 8, 2026, if no hearing was requested.
- The company has since paid the outstanding Nasdaq listing fee balance.
- Visionary Holdings is working with Nasdaq to resolve the matter and maintain compliance.
Price Impact