TORONTO, June 13,
2024 /PRNewswire/ -- Visionary Holdings Inc.
(the "Company") (NASDAQ: GV), a private education provider with
technology of artificial intelligence and life science on the
cutting edge, with subsidiaries in Canada and market partners in China, today announced the Company received a
letter from the Listing Qualifications Staff (the "Staff') of the
Nasdaq Stock Market LLC ("Nasdaq") on June
12, 2024, which stated that the Company has regained
compliance with Listing Rule 5550(a)(2).
On June 14, 2023, Staff notified
the Company that its common shares failed to maintain a minimum bid
price of $1.00 over the previous 30
consecutive business days as required by the Listing Rules of The
Nasdaq Stock Market.
On June 12, 2024, Nasdaq provided
confirmation to the Company that for the last 10 consecutive
business days from May 29, 2024 to
June 11, 2024, the closing bid price
of the Company's common shares has been at or above US$1.00. Accordingly, the Company has regained
compliance with the minimum bid price requirement and this matter
is now closed.
About Visionary Holdings Inc.
Visionary Holdings Inc. headquartered in Toronto, Canada, is a private education
provider located in Canada, with
subsidiaries in Canada and market
partners in China, that offers
high-quality education resources to students around the globe. The
Company aims to provide access to secondary, college, undergraduate
and graduate and vocational education to students in Canada through technological innovation so
that more people can learn, grow and succeed to their full
potential. As a fully integrated provider of educational programs
and services in Canada, the
Company has been serving and will continue to serve both Canadian
and international students. For more information, visit the
Company's website at https://ir.visiongroupca.com/.
Forward-Looking Statements
All statements other than statements of historical fact in this
announcement are forward-looking statements. These forward-looking
statements involve known and unknown risks and uncertainties and
are based on the Company's current expectations and projections
about future events that the Company believes may affect its
financial condition, results of operations, business strategy and
financial needs. Investors can identify these forward-looking
statements by words or phrases such as "believes," "expects,"
"anticipates," "estimates," "intends," "would," "continue,"
"should," "may," or similar expressions. The Company undertakes no
obligation to update or revise publicly any forward-looking
statements to reflect subsequent occurring events or circumstances,
or changes in its expectations, except as may be required by law.
Although the Company believes that the expectations expressed in
these forward-looking statements are reasonable, it cannot assure
you that such expectations will turn out to be correct, and the
Company cautions investors that actual results may differ
materially from the anticipated results and encourages investors to
review other factors that may affect its future results in the
Company's registration statement and in its other filings with the
SEC.
For more information, please contact:
Visionary Holdings Inc.
Investor Relations Department
Email: ir@farvision.ca
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SOURCE Visionary Holdings Inc.