Versus Systems Receives NASDAQ Notification Regarding Minimum Stockholders' Equity Deficiency

Core Viewpoint - Versus Systems, Inc. has been notified by NASDAQ that its stockholders' equity of $1,797,764 is below the required minimum of$2,500,000 for continued listing on the NASDAQ Capital Market [1] Group 1 - The company has until October 7, 2024, to submit a plan to regain compliance with the minimum stockholders' equity standard [2] - If the plan is accepted, NASDAQ may grant an extension of up to 180 calendar days to demonstrate compliance [2] - The company is developing options to increase stockholder equity and aims to file the plan by the deadline [3] Group 2 - Versus Systems has developed a proprietary in-game prizing and promotions engine that allows game developers to offer real-world rewards to players [4] - The company is headquartered in Los Angeles, California [4]