TORONTO, April 07, 2026 (GLOBE NEWSWIRE) — Visionary Holdings Inc. (Nasdaq: GV) (the “Company”) nowadays introduced that it won a notification letter (the “Deficiency Letter”) from the Nasdaq List {Qualifications} Division on April 2, 2026, indicating that the Corporate isn’t in compliance with the continuing list necessities set forth in Nasdaq List Rule 5250(c)(1).
As described within the Deficiency Letter, the Corporate has no longer well timed filed a Shape 6-Ok containing its period in-between monetary statements, together with an unaudited stability sheet and source of revenue observation as of the top of its 2d fiscal quarter (the “Required Filing”). Consequently, the Corporate isn’t these days in compliance with Nasdaq’s periodic reporting necessities for persevered list.
In keeping with Nasdaq List Laws, the Corporate has been granted a duration of sixty (60) calendar days, or till June 1, 2026, to post a plan to regain compliance. If Nasdaq accepts the Corporate’s compliance plan, Nasdaq would possibly grant an exception of as much as 100 80 (180) calendar days from the unique submitting due date, or till September 28, 2026, for the Corporate to regain compliance.
The Corporate intends to post its compliance plan inside the prescribed time-frame and is actively operating to finish the Required Submitting and any next periodic reviews that can develop into due right through the compliance duration.
The Deficiency Letter has no speedy impact at the list or buying and selling of the Corporate’s not unusual stocks, which can proceed to industry at the Nasdaq Capital Marketplace below the emblem “GV,” matter to the Corporate’s persevered compliance with different list necessities. On the other hand, if the Corporate fails to post a compliance plan, if Nasdaq does no longer settle for the plan, or if the Corporate fails to regain compliance inside any extension duration granted, Nasdaq would possibly begin delisting complaints.In keeping with Nasdaq List Rule 5810(b), the Corporate is needed to publicly reveal the receipt of the Deficiency Letter and can post this press unlock to Nasdaq’s MarketWatch Division as required. Nasdaq additionally indicated that the Corporate will likely be integrated on its checklist of non-compliant issuers starting 5 (5) trade days from the date of the Deficiency Letter, and that a trademark of non-compliance will likely be disseminated thru Nasdaq’s marketplace information programs.The Corporate is taking all important steps to finish its monetary reporting responsibilities as promptly as practicable. Control stays dedicated to keeping up compliance with Nasdaq list requirements and to protective the pursuits of its shareholders.
About Visionary Holdings Inc.Visionary Holdings Inc. (Nasdaq: GV) is a technology-driven multinational endeavor interested by AI packages, and high-tech healthcare answers. Headquartered in Toronto, Canada, the Corporate operates thru its subsidiaries throughout North The united states and Asia, riding technological development, cross-border innovation, and world well being transformation.
Cautionary Observe Referring to Ahead-Having a look StatementsThis press unlock accommodates forward-looking statements inside the which means of Phase 21E of the Securities Alternate Act of 1934 and as outlined within the U.S. Personal Securities Litigation Reform Act of 1995. Those forward-looking statements may also be recognized by way of terminology comparable to “will”, “expects”, “anticipates”, “future”, “intends”, “plans”, “believes”, “estimates”, “target”, “going forward”, “outlook,” “objective” and an identical phrases. Such statements are primarily based upon control’s present expectancies and present marketplace and running prerequisites, and relate to occasions that contain recognized or unknown dangers, uncertainties and different elements, all of which might be tricky to are expecting and which might be past GV’s keep watch over, which would possibly reason GV’s exact effects, efficiency or achievements (together with the RMB/USD worth of its expected get advantages to GV as described herein) to range materially and in an antagonistic method from expected effects contained or implied within the forward-looking statements. Additional knowledge relating to those and different dangers, uncertainties or elements is integrated in GV’s filings with the U.S. Securities and Alternate Fee, which might be to be had at www.sec.gov. GV does no longer adopt any legal responsibility to replace any forward-looking observation because of new knowledge, long run occasions or another way, excluding as required below legislation.
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