• Nasdaq issued Versus Systems a deficiency letter on April 29, 2026, citing failure to meet Listing Rule 5550(b)(1) minimum stockholders’ equity requirement as of Dec. 31, 2025.
• Stockholders’ equity stood at $1.92 million versus $2.5 million minimum, with company also failing Nasdaq alternative continued-listing tests tied to market value of listed securities or net income from continuing operations.
• Nasdaq set June 13, 2026 deadline to submit compliance plan; acceptance could extend compliance window to Oct. 26, 2026.
• Compliance plan includes stock sale to ASPIS Cyber Technologies under April 15, 2026 agreement for $1.7 million cash at $1.12 per share, totaling 1,513,128 shares, with closing expected by May 14, 2026.

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. Versus Systems 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: 0001213900-26-052173), on May 05, 2026, and is solely responsible for the information contained therein.