• Vestand received Nasdaq notice on April 23, 2026 for failing to file annual Form 10-K for fiscal 2025, triggering noncompliance with Listing Rule 5250(c)(1).
• Notice has no immediate effect on listing of Vestand Class A common stock.
• Delinquent 10-K adds to existing Nasdaq deficiency tied to missing Form 10-Q for quarter ended Sept. 30, 2025.
• Company expects to submit updated compliance plan to regain periodic filing compliance by May 18, 2026.
• Nasdaq could deny extension, raising risk of losing continued listing status if filings are not brought current.

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. Vestand 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: 0001493152-26-019609), on April 29, 2026, and is solely responsible for the information contained therein.