NewsMV
received a formal notice from The Nasdaq Stock Market LLC on September 30, 2026, stating that the company no longer satisfies the minimum market value of listed securities requirement for continued listing on the Nasdaq Global Market.
The notification, issued by Nasdaq's Listing Qualifications Department, highlights that Virtuix failed to meet the $50,000,000 threshold under Nasdaq Listing Rule 5450(b)(2)(A) based on a review of its market value over the 30 consecutive business days from August 18 to September 29, 2026.
The notice also indicates that the company does not meet the alternative total assets and total revenue standard specified in Nasdaq Listing Rule 5450(b)(3)(A).
The development does not immediately affect the trading of Virtuix's Class A common stock, which will continue to trade on the Global Market under the ticker symbol VTIX.
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