Visionary Holdings faces Nasdaq delisting after staff determination letter, hearing deadline June 11

Visionary Holdings Inc.

Visionary Holdings Inc.

GV

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  • Visionary Holdings received a Nasdaq staff delisting determination on June 4, tied to a missed Form 6-K filing for its Q2 interim financial statements.
  • Nasdaq records show the company also failed to submit a compliance plan by the June 1 deadline set during a 60-day cure period.
  • Without a hearing request by 4:00 p.m. ET on June 11, trading is set to be suspended at the June 15 U.S. market open.
  • Nasdaq is expected to file Form 25-NSE with the SEC to start the formal delisting process if the hearing request is not made.
  • A compliance plan was submitted on June 9, with preparations underway for a hearing request and a potential stay extension.


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