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VS - Versus Systems gets Nasdaq notification on minimum bid price requirement
Versus Systems Inc.
Versus Systems (NASDAQ:VS) on Friday said that it had got a notification from Nasdaq that the company was not in compliance with a listing rule on minimum bid price requirement. The bid price of the company's shares was below $1 per share for 30 consecutive days from May 2 to June 13. The company said the notice does not impact its listing on the Nasdaq at this time. VS has 180 days, or until Dec. 12, to regain compliance. VS stock earlier closed +7.7% at $0.58.