Virtuix gets Nasdaq notice for failing $50 million market value of listed securities requirement
Bitget2026/10/06 20:31Virtuix received a Nasdaq notice for failing the $50 million market value of listed securities requirement on the Nasdaq Global Market. The deficiency was triggered by MVLS levels over 30 consecutive business days from Aug. 18, 2026 to Sept. 29, 2026. Nasdaq granted a 180-day compliance window through March 29, 2027; compliance requires MVLS at or above $50 million for 10 straight days. Failure to regain compliance by the deadline could lead to a delisting notice, with an option to appeal to a Nasdaq hearings panel. Management is evaluating remedies, including a possible transfer to the Nasdaq Capital Market, subject to Nasdaq approval. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Virtuix Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-107239), on October 06, 2026, and is solely responsible for the information contained therein.
- Virtuix received a Nasdaq notice for failing the $50 million market value of listed securities requirement on the Nasdaq Global Market.
- The deficiency was triggered by MVLS levels over 30 consecutive business days from Aug. 18, 2026 to Sept. 29, 2026.
- Nasdaq granted a 180-day compliance window through March 29, 2027; compliance requires MVLS at or above $50 million for 10 straight days.
- Failure to regain compliance by the deadline could lead to a delisting notice, with an option to appeal to a Nasdaq hearings panel.
- Management is evaluating remedies, including a possible transfer to the Nasdaq Capital Market, subject to Nasdaq approval.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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