Versus Systems Regains Compliance with Nasdaq Minimum Bid Price Requirement
Versus Systems Inc. - Common Shares (VS)
Company Research
Source: GlobeNewswire
LOS ANGELES, Jan. 18, 2024 (GLOBE NEWSWIRE) -- Versus Systems Inc. (“Versus” or the “Company”) (Nasdaq: VS) announced that it received notice from The Nasdaq Stock Market LLC ("Nasdaq") on January 16, 2024 informing the Company that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) (the "Rule") for continued listing on the Nasdaq Capital Market. On January 23, 2023, Versus received notice from Nasdaq that the Company was not in compliance with the Rule, as its common shares failed to meet a closing bid price of $1.00 or more for 30 consecutive business days. The Company conducted a 1-for-16 reverse split of its common shares on December 28, 2023 to aid the compliance process. To regain compliance with the Rule, the Company’s common shares were required to maintain a minimum closing bid price of $1.00 or more for at least 10 consecutive business days. This requirement was met on January 12, 2024. About Versus Systems Versus Sys
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News
- Versus Systems Full Year 2023 Earnings: US$10.44 loss per share (vs US$210 loss in FY 2022) [Yahoo! Finance]Yahoo! Finance
- Versus Systems to Participate in the 36th Annual ROTH Conference [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Versus Systems to Participate in the 36th Annual ROTH Conference [Yahoo! Finance]Yahoo! Finance
- Versus Systems to Participate in the 36th Annual ROTH ConferenceGlobeNewswire
- Versus Systems Inc. (NASDAQ: VS) had its price target raised by analysts at HC Wainwright from $0.50 to $2.00. They now have a "neutral" rating on the stock.MarketBeat
VS
Sec Filings
- 4/22/24 - Form S-4/A
- 4/12/24 - Form S-4/A
- 4/1/24 - Form 10-K
- VS's page on the SEC website