- Successfully regained Nasdaq listing compliance
- Maintained ADS price above $1.00 for 19 consecutive trading days
- Resolved potential delisting risk
TCTM Kids IT Education Inc. (VSA, Financial), an emerging technology services company, has announced that it successfully regained compliance with Nasdaq's Minimum Bid Price Requirement. The company received formal notification from Nasdaq on July 7, 2025, confirming that VSA's American depositary shares (ADSs) had a closing bid price of at least $1.00 per share for 19 consecutive business days, specifically from June 6 to July 3, 2025.
This development marks the resolution of the non-compliance notice issued earlier on January 3, 2025, when VSA's ADS price had dropped below the required $1.00 minimum for 30 consecutive business days. With this confirmation, Nasdaq has stated that the compliance issue is now officially closed.
TCTM Kids IT Education Inc. specializes in providing technology services with a focus on biomedical applications, research and development, and online education. The company is dedicated to leveraging AI-powered healthcare and biotech solutions to drive innovation and create impactful real-world applications.
