VS Media Holdings Limited Announces Delay in Effective Date of Reverse Split to January 12, 2026
VS Media Holdings (NASDAQ: VSME) said it is amending the effective date of its Class A ordinary shares reverse stock split to Monday, January 12, 2026.
Rhea-AI Summary
VS Media Holdings (NASDAQ: VSME) said it is amending the effective date of its Class A ordinary shares reverse stock split to Monday, January 12, 2026. Trading will begin on a split-adjusted basis when markets open on that date.
The company cited an unanticipated delay in obtaining necessary regulatory clearances as the reason for moving the original planned effective date from Friday, January 9, 2026 to January 12, 2026.
Positive
- Reverse split will take effect on January 12, 2026
- Shares will trade on a split-adjusted basis at market open on that date
Negative
- Original effective date moved from January 9, 2026 to January 12, 2026
- Delay caused by unanticipated regulatory clearance timing
Details
News Market Reaction – VSME
On Jan 5, the day this news came out, VSME closed 6.98% below the previous close.
Data tracked by StockTitan Argus for the Jan 5 session.
Key Figures
- Reverse split date (new)
- January 12, 2026
- Revised effective date for Class A reverse stock split
- Reverse split date (prior)
- January 9, 2026
- Original effective date for split-adjusted trading
- Share combination ratio
- 1-for-20
- Class A and Class B ordinary share combination
- Nasdaq minimum bid
- $1.00
- Required closing bid to meet Rule 5550(a)(2)
- Initial cure period
- 180 calendar days
- Period granted to regain $1.00 bid price
- Revenue
- $3,259,037
- Six months ended June 30, 2025, down 19% YoY
- Net loss
- $4,444,519
- Six months ended June 30, 2025, up 33%
- Convertible note
- $3.8M at 12%
- One-year convertible note with 70% of fair value conversion price
Historical Context
-
Announced 1-for-20 share combination to support Nasdaq bid price compliance.
-
Adjourned AGM for lack of quorum and reset to December 31, 2025.
-
Nasdaq notified company of sub-$1 bid price over 30 consecutive business days.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
reverse stock split financial
minimum bid price regulatory
convertible note financial
equity incentive plan financial
public offering financial
nasdaq marketplace rule 5550(a)(2) regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
HONG KONG, Jan. 05, 2026 (GLOBE NEWSWIRE) -- VS Media Holdings Limited (NASDAQ: VSME, the "Company"), a leader in managing a global network of digital creators, today announced that the Company is amending the effective date for its Class A ordinary shares reverse stock split to Monday, January 12, 2026 to begin trading on a split-adjusted basis when the market opens, due to an unanticipated delay in obtaining necessary regulatory clearances.
Previously, the Company had planned for the reverse split of its Class A ordinary shares to become effective and begin trading on a split-adjusted basis when the market opened Friday, January 9, 2026.
About VS Media
VS Media Holdings Limited (NASDAQ: VSME) manages a network of leading digital creators across Asia Pacific that powers content-driven social commerce and offers local and effective marketing services to brands. Founded in 2013, VSME partners with over 1,500 creators and over 1,000 brands to promote and merchandise their products and services. The Company is currently growing internationally across Hong Kong, China, Taiwan, Singapore, and beyond. For more information, visit https://www.vs-media.com.
Forward-Looking Statements
Certain statements in this announcement are forward-looking statements, including, for example, statements about potential activity under share repurchase plan. 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. These forward-looking statements are also based on assumptions regarding the Company's present and future business strategies and the environment in which the Company will operate in the future. Investors can find many (but not all) of these statements by the use of words such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "likely to" or other 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 other filings with the SEC.
Contact information:
VS Media Holdings Limited
ir@vs-media.com
FAQ
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