VS MEDIA Holdings Limited Announces Postponement of its Annual General Meeting of Shareholders

Rhea-AI Summary

VS MEDIA Holdings (Nasdaq: VSME) announced that its Annual General Meeting of Shareholders originally set for December 30, 2025 was adjourned for lack of quorum and rescheduled to 10:00 p.m. local time on December 31, 2025 at the company offices in Kwun Tong, Hong Kong.

The record date remains December 15, 2025. The board unanimously recommends shareholders vote FOR the proxy proposals. Submitted proxies will be counted at the adjourned meeting unless revoked; shareholders who have not filed proxies are urged to do so. A quorum at the adjourned meeting requires at least one third of voting shares present in person or by proxy within one hour of the appointed time.

Argus Dec 30 session

-3.26% close to close Open Argus

Details

News Market Reaction – VSME

On Dec 30, the day this news came out, VSME closed 3.26% below the previous close.

Data tracked by StockTitan Argus for the Dec 30 session.

Market Context

This announcement outlines a procedural delay of the annual general meeting due to lack of quorum, w...

Analysis

This announcement outlines a procedural delay of the annual general meeting due to lack of quorum, with a new date set and quorum threshold of at least one third of voting shares present or by proxy. In context, VS MEDIA has recently dealt with Nasdaq minimum bid price deficiency and sizable operating losses, offset by strengthened liquidity. Investors may focus on how shareholder participation and future governance decisions intersect with ongoing compliance and financing needs.

Key Figures

Revenue: $3,259,037 Gross margin: 27.13% Operating loss: $4,214,875 +5 more

Revenue

$3,259,037

Six months ended June 30, 2025; down 19% year over year

Gross margin

27.13%

Improved from 15.22% for six months ended June 30, 2025

Operating loss

$4,214,875

Six months ended June 30, 2025

Net loss

$4,444,519

Six months ended June 30, 2025; up 33%

Cash balance

$7,401,775

As of June 30, 2025; liquidity strengthened

Working capital

$3,722,952

As of June 30, 2025; turned positive

Public offering proceeds

$9,176,098

Cash inflow from offerings noted in October 31, 2025 filing

Convertible note

$3.8M at 12% for one year

Convertible note with 70% of fair value conversion price

Historical Context

2 past events · Latest: Dec 16

2 events

1. Dec 16

   Nasdaq bid deficiency

   24h Move

   -4.9%

   Nasdaq notified VSME of minimum bid price non-compliance under Rule 5550(a)(2).

2. Jul 03

   Listing compliance

   24h Move

   +2.9%

   Company regained Nasdaq continued listing compliance after public offerings restored equity.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Jargon Translator

convertible note

A convertible note is a type of loan that a company gets from investors, which can later be turned into company shares instead of being paid back in cash. It matters because it helps startups raise money quickly without setting a fixed value for the company right away, making it easier to grow and attract investors.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Hong Kong, Dec. 30, 2025 (GLOBE NEWSWIRE) -- VS MEDIA Holdings Limited (Nasdaq: VSME) (“VS MEDIA” or “the Company”), a company managing a global network of digital Creators who create and publish content to social media platforms such as YouTube, Facebook, Instagram, and TikTok, today announced that the Company’s Annual General Meeting of Shareholders (the “Meeting), which was originally scheduled to be held on Tuesday, December 30, 2025, has been adjourned. The Meeting is now scheduled to be held at 10:00 p.m. local time on Wednesday, December 31, 2025 at the Company’s offices at 6/F, KOHO, 75 Hung To Road, Kwun Tong, Hong Kong (the "Adjourned Meeting"). The record date for the Meeting, December 15, 2025, is unchanged and applies to the Adjourned Meeting.

The Meeting has been postponed due to a lack of quorum in accordance with the provisions of the Amended and Restated Memorandum and Articles of Association of the Company. The Company’s Board of Directors unanimously recommends that you vote FOR the proposals identified in the Company's proxy statement for the Meeting. Shareholders who have already submitted their proxy forms do not need to take any action, unless they wish to change or revoke their prior proxy or voting instructions, and their votes will be counted at the Adjourned Meeting. For shareholders who have not yet submitted their proxy forms, we urge them to submit their proxy forms now, so they can be tabulated prior to the Adjourned Meeting. Pursuant to Article 7.13 of the Amended and Restated Memorandum and Articles of Association of the Company, at the Adjourned Meeting those present in person or by proxy within one hour from the time appointed, holding not less than one third of the votes of the shares of the Company entitled to vote on the business to be considered at the Adjourned Meeting, shall constitute a quorum.

About VS MEDIA Holdings Limited

Founded in 2013, VS MEDIA Holdings Limited manages a global network of digital Creators who create and publish content to social media platforms such as YouTube, Facebook, Instagram, and TikTok. The Creators include influencers, KOLs—Key Opinion Leaders, bloggers, and other content creators who cultivate fanbases on social media platforms. For more information, please visit https://www.vs-media.com.

FORWARD-LOOKING STATEMENTS

Certain statements contained in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements relating to the expected trading commencement and closing dates. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend, “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: the uncertainties related to market conditions and the completion of the public offering on the anticipated terms or at all, and other factors discussed in the “Risk Factors” section of the preliminary prospectus filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Any forward-looking statements contained in this press release speak only as of the date hereof, and VS MEDIA Holdings Limited specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law.

VS MEDIA Holdings Limited Investor Contact:

Investor Relations
6/F, KOHO,
75 Hung To Road
Kwun Tong, Kowloon,
Hong Kong
Email: ir@vs-media.com

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Why was VS MEDIA (VSME) Annual General Meeting postponed from December 30, 2025?

The meeting was adjourned due to a lack of quorum under the company’s Amended and Restated Memorandum and Articles of Association.

When and where is the adjourned VS MEDIA (VSME) Annual General Meeting taking place?

The adjourned meeting is scheduled for 10:00 p.m. local time on December 31, 2025 at the company offices, 6/F KOHO, 75 Hung To Road, Kwun Tong, Hong Kong.

What is the record date for the VS MEDIA (VSME) Annual General Meeting and has it changed?

The record date remains December 15, 2025 and is unchanged for the adjourned meeting.

Do shareholders who already submitted proxies for VS MEDIA (VSME) need to take action after the postponement?

No action is required; previously submitted proxies will be counted at the adjourned meeting unless shareholders choose to revoke or change them.

How is quorum defined for the adjourned VS MEDIA (VSME) Annual General Meeting?

Quorum requires holders present in person or by proxy within one hour of the appointed time holding at least one third of the votes of shares entitled to vote on the business.

What should VS MEDIA (VSME) shareholders who have not filed proxies do before the adjourned meeting?

Shareholders who have not yet submitted proxies are urged to submit their proxy forms now so votes can be tabulated prior to the adjourned meeting.