VS Media Holdings Limited Announces Delay in Effective Date of Reverse Split to June 18, 2024

Company Overview - VS Media Holdings Limited (NASDAQ: VSME) is a leader in managing a global network of digital creators, focusing on content-driven social commerce and effective marketing services for brands [2] - The company was founded in 2013 and has partnered with over 1,500 creators and more than 1,000 brands, expanding its operations internationally across regions such as Hong Kong, China, Taiwan, and Singapore [2] Recent Developments - The company announced a change in the effective date for its reverse stock split, now set for June 18, 2024, due to an unexpected delay in obtaining necessary regulatory clearances [1] - Initially, the reverse stock split was planned to take effect after the close of business on June 17, 2024, with trading on a split-adjusted basis expected to begin on the same day [1]