TORONTO, April 07, 2026 (GLOBE NEWSWIRE) — Visionary Holdings Inc. (Nasdaq: GV) (the “Company”) at the moment introduced that it acquired a notification letter (the “Deficiency Letter”) from the Nasdaq Itemizing {Qualifications} Division on April 2, 2026, indicating that the Firm isn’t in compliance with the continued itemizing necessities set forth in Nasdaq Itemizing Rule 5250(c)(1).
As described within the Deficiency Letter, the Firm has not well timed filed a Kind 6-Ok containing its interim monetary statements, together with an unaudited stability sheet and earnings assertion as of the top of its second fiscal quarter (the “Required Filing”). Consequently, the Firm isn’t at the moment in compliance with Nasdaq’s periodic reporting necessities for continued itemizing.
In accordance with Nasdaq Itemizing Guidelines, the Firm has been granted a interval of sixty (60) calendar days, or till June 1, 2026, to submit a plan to regain compliance. If Nasdaq accepts the Firm’s compliance plan, Nasdaq might grant an exception of as much as 100 eighty (180) calendar days from the unique submitting due date, or till September 28, 2026, for the Firm to regain compliance.
The Firm intends to submit its compliance plan throughout the prescribed timeframe and is actively working to finish the Required Submitting and any subsequent periodic stories which will grow to be due in the course of the compliance interval.
The Deficiency Letter has no instant impact on the itemizing or buying and selling of the Firm’s frequent shares, which can proceed to commerce on the Nasdaq Capital Market below the image “GV,” topic to the Firm’s continued compliance with different itemizing necessities. Nevertheless, if the Firm fails to submit a compliance plan, if Nasdaq doesn’t settle for the plan, or if the Firm fails to regain compliance inside any extension interval granted, Nasdaq might provoke delisting proceedings.In accordance with Nasdaq Itemizing Rule 5810(b), the Firm is required to publicly disclose the receipt of the Deficiency Letter and can submit this press launch to Nasdaq’s MarketWatch Division as required. Nasdaq additionally indicated that the Firm shall be included on its listing of non-compliant issuers starting 5 (5) enterprise days from the date of the Deficiency Letter, and that an indicator of non-compliance shall be disseminated by means of Nasdaq’s market knowledge programs.The Firm is taking all needed steps to finish its monetary reporting obligations as promptly as practicable. Administration stays dedicated to sustaining compliance with Nasdaq itemizing requirements and to defending the pursuits of its shareholders.
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About Visionary Holdings Inc.Visionary Holdings Inc. (Nasdaq: GV) is a technology-driven multinational enterprise targeted on AI functions, and high-tech healthcare options. Headquartered in Toronto, Canada, the Firm operates by means of its subsidiaries throughout North America and Asia, driving technological development, cross-border innovation, and world well being transformation.
Cautionary Word Relating to Ahead-Trying StatementsThis press launch incorporates forward-looking statements throughout the that means of Part 21E of the Securities Trade Act of 1934 and as outlined within the U.S. Non-public Securities Litigation Reform Act of 1995. These forward-looking statements could be recognized by terminology corresponding to “will”, “expects”, “anticipates”, “future”, “intends”, “plans”, “believes”, “estimates”, “target”, “going forward”, “outlook,” “objective” and comparable phrases. Such statements are primarily based upon administration’s present expectations and present market and working situations, and relate to occasions that contain identified or unknown dangers, uncertainties and different components, all of that are tough to foretell and that are past GV’s management, which can trigger GV’s precise outcomes, efficiency or achievements (together with the RMB/USD worth of its anticipated profit to GV as described herein) to vary materially and in an hostile method from anticipated outcomes contained or implied within the forward-looking statements. Additional data concerning these and different dangers, uncertainties or components is included in GV’s filings with the U.S. Securities and Trade Fee, which can be found at www.sec.gov. GV doesn’t undertake any obligation to replace any forward-looking assertion because of new data, future occasions or in any other case, besides as required below regulation.
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