StockNews.AI
VSEE
StockNews.AI
99 days

VSee Health, Inc. Receives Nasdaq Notice Regarding Delayed Form 10-K Filing

1. VSee Health missed its 2024 Form 10-K filing deadline. 2. Nasdaq notified the company of non-compliance with listing rules. 3. VSee has 60 days to submit a compliance plan. 4. Approval may extend compliance deadline to October 2025. 5. Company plans to file the 10-K promptly.

4m saved
Insight
Article

FAQ

Why Bearish?

Missing the Form 10-K filing can lead to investor fears and diminished confidence, historically seen in companies facing similar compliance issues. For example, companies that miss filings often experience stock price declines given increased scrutiny and the potential for delisting.

How important is it?

The article's focus on a missed filing highlights operational challenges for VSEE, influencing investor sentiment and market perception. This type of corporate compliance news generally affects stocks significantly.

Why Short Term?

The immediate deadline of June 24, 2025, creates urgency, likely impacting market perception and stock performance until the compliance plan is filed. Historical cases indicate that uncertainty typically affects stock prices in the short-term.

Related Companies

SAN JOSE, Calif.--(BUSINESS WIRE)--VSee Health, Inc. (the “Company”) (Nasdaq: VSEE), announced today that on April 25, 2025, the Company received a notice from The Nasdaq Stock Market LLC (“Nasdaq”) stating that because the Company had not yet filed its Annual Report on Form 10-K for the year ended December 31, 2024 (the “Form 10-K”), the Company is not in compliance with Nasdaq’s listing rule 5250(c)(1), which requires timely filing of periodic financial reports with the Securities and Exchange Commission (the “SEC”). The Nasdaq notice has no immediate effect on the listing or trading of the Company’s common stock or its public warrants on The Nasdaq Capital Market. According to the notice, the Company has 60 calendar days until June 24, 2025 to submit to Nasdaq a plan to regain compliance. If Nasdaq accepts the Company’s plan, then Nasdaq may grant the Company up to 180 calendar days from the Form 10-K’s original due date, or until October 13, 2025, to regain compliance. The Company intends to take the necessary steps to regain compliance with Nasdaq’s listing rules and file the Form 10-K as soon as practicable. Forward-Looking Statements This press release includes “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Certain of these forward-looking statements can be identified by the use of words such as “believes,” “expects,” “intends,” “plans,” “estimates,” “assumes,” “may,” “should,” “will,” “seeks,” or other similar expressions. Such statements may include, but are not limited to, statements regarding the Company’s ability to regain compliance with Nasdaq’s listing rules within the required timeframe. These statements are based on current expectations on the date of this press release and involve a number of risks and uncertainties that may cause actual results to differ significantly, including those risks set forth in the Company’s most recent Annual Report on Form 10-K and any subsequent Quarterly Reports on Form 10-K and other documents filed with the SEC. Copies of such filings are available on the SEC’s website at www.sec.gov. The Company does not assume any obligation to update or revise any such forward-looking statements, whether as the result of new developments or otherwise. Readers are cautioned not to put undue reliance on forward-looking statements. More News From VSee Health, Inc.

Related News