Vestand Receives Nasdaq Notification Regarding Late 10-Q Filing and Continued Listing Requirements

Core Viewpoint - Vestand Incorporated has received a notice from Nasdaq regarding non-compliance with listing rules due to the failure to file its Quarterly Report on Form 10-Q for the period ended September 30, 2025 [1][2]. Group 1: Compliance and Regulatory Actions - The company has 60 calendar days to submit a plan to regain compliance with Nasdaq Listing Rule 5250(c)(1) [2]. - If the plan is accepted, Nasdaq may grant an extension of up to 180 calendar days, allowing compliance until May 18, 2026 [2]. - The notice does not have an immediate effect on the listing of the company's Class A Common Stock [2]. Group 2: Company Intentions and Future Steps - The company intends to take necessary steps to regain compliance with Nasdaq Listing Rules as soon as practicable [3]. - There is no assurance that the Form 10-Q will be filed within the required timeframe or that Nasdaq will grant an extension [3]. Group 3: Company Overview - Vestand is a U.S. Nasdaq-listed company that integrates traditional real-world assets with next-generation crypto treasury strategies [4]. - The company aims to connect global capital markets through its U.S. and Korean subsidiaries, focusing on a growth model that combines real estate, security technology, and blockchain innovation [4].