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zSpace Receives Nasdaq Approval to Transfer Listing to Nasdaq Capital Market and Regains Compliance with Nasdaq Listing Requirements

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zSpace (NASDAQ: ZSPC) announced Nasdaq Listing Qualifications approved a transfer of its common stock from the Nasdaq Global Market to the Nasdaq Capital Market, effective at market open on October 16, 2025. Nasdaq confirmed zSpace has regained compliance with all applicable continued listing requirements and that the prior noncompliance period is fully resolved.

The company said the transfer aligns with its current business profile and market capitalization, preserves the ZSPC ticker, and aims to support sustained listing eligibility while it pursues international expansion and growth initiatives.

zSpace (NASDAQ: ZSPC) ha annunciato che le Listing Qualifications di Nasdaq hanno approvato il trasferimento delle sue azioni ordinarie dal Nasdaq Global Market al Nasdaq Capital Market, effettivo all'apertura del mercato il 16 ottobre 2025. Nasdaq ha confermato che zSpace ha riacquistato la conformità con tutti i requisiti di quotazione continua applicabili e che il periodo di non conformità precedente è stato completamente risolto.

La società ha detto che il trasferimento è in linea con l'attuale profilo aziendale e la capitalizzazione di mercato, preserva il ticker ZSPC e mira a supportare l'idoneità continua alla quotazione mentre persegue l'espansione internazionale e iniziative di crescita.

zSpace (NASDAQ: ZSPC) anunció que Nasdaq Listing Qualifications aprobó una transferencia de sus acciones comunes desde el Nasdaq Global Market al Nasdaq Capital Market, con efecto al inicio de la sesión del 16 de octubre de 2025. Nasdaq confirmó que zSpace ha recuperado el cumplimiento de todos los requisitos de listing continuado aplicables y que el periodo previo de incumplimiento se ha resuelto por completo.

La compañía dijo que la transferencia se alinea con su perfil comercial actual y la capitalización de mercado, conserva el ticker ZSPC y tiene como objetivo apoyar la elegibilidad continua de cotización mientras persigue la expansión internacional y las iniciativas de crecimiento.

zSpace (NASDAQ: ZSPC)는 Nasdaq Listing Qualifications가 보통주를 Nasdaq Global Market에서 Nasdaq Capital Market으로의 이전을 승인했고, 이는 2025년 10월 16일의 시가 개장 시점에 발효됩니다. Nasdaq는 zSpace가 모든 적용 가능한 지속 상장 요건을 재적합했으며 이전의 비적합 기간이 완전히 해결되었다고 확인했습니다.

회사는 이 이전이 현재의 사업 프로필과 시가총액에 부합하며, ZSPC 티커를 유지하고, 국제 확장과 성장 이니셔티브를 추진하는 동시에 지속 가능한 상장 적격성을 지원하는 것을 목표로 한다고 밝혔습니다.

zSpace (NASDAQ: ZSPC) a annoncé que Nasdaq Listing Qualifications a approuvé le transfert de ses actions ordinaires du Nasdaq Global Market vers le Nasdaq Capital Market, effectif à l'ouverture du marché le 16 octobre 2025. Nasdaq a confirmé que zSpace a reconquis sa conformité avec toutes les exigences de cotation continue applicables et que la période de non-conformité précédente est entièrement résolue.

La société a déclaré que le transfert est aligné avec son profil commercial actuel et sa capitalisation boursière, qu'il préserve le ticker ZSPC et qu'il vise à soutenir l'éligibilité à la cotation continue pendant qu'elle poursuit son expansion internationale et ses initiatives de croissance.

zSpace (NASDAQ: ZSPC) gab bekannt, dass Nasdaq Listing Qualifications die Übertragung seiner Stammaktien vom Nasdaq Global Market zum Nasdaq Capital Market genehmigt haben, wirksam mit Handelsbeginn am 16. Oktober 2025. Nasdaq bestätigte, dass zSpace die fortlaufende Listungspflicht erfüllt hat und dass der vorherige Nicht-Compliance-Zeitraum vollständig behoben ist.

Das Unternehmen sagte, dass die Übertragung mit dem aktuellen Geschäftsprofil und der Marktkapitalisierung in Einklang steht, das ZSPC-Wortzeichen beibehält und darauf abzielt, die fortlaufende Listungsfähigkeit zu unterstützen, während es internationale Expansion und Wachstumsinitiativen verfolgt.

zSpace (NASDAQ: ZSPC) أعلنت أن مؤهلات إدراج ناسداك وافقت على نقل أسهمها العادية من سوق ناسداك العالمي إلى سوق ناسداك لرأس المال، ساري المفعول عند افتتاح السوق في 16 أكتوبر 2025. أكدت ناسداك أن zSpace استعادت الامتثال لجميع متطلبات الإدراج المستمر المعمول بها وأن فترة عدم الامتثال السابقة قد حُلت تماماً。

وقالت الشركة إن النقل يتماشى مع ملفها التجاري الحالي ورأس مالها السوقي، ويحافظ على رمز التداول ZSPC، ويهدف إلى دعم أهلية الإدراج المستمر بينما تسعى للتوسع الدولي ومبادرات النمو.

zSpace (NASDAQ: ZSPC)宣布,纳斯达克上市资格委员会已批准将其普通股从纳斯达克全球市场转到 纳斯达克资本市场,自2025年10月16日开市时起生效。纳斯达克确认 zSpace 已 重新符合所有适用的持续上市要求,且之前的违规期已完全解决。

公司表示,该转移符合其当前的业务概况和市值,保留 ZSPC 股票代码,并旨在在寻求国际扩张和增长举措的同时,支持持续上市资格。

Positive
  • Nasdaq transfer to Capital Market effective October 16, 2025
  • Regained compliance with Nasdaq continued listing requirements
  • Company will continue trading under ticker ZSPC
  • Transfer framed as alignment with current market capitalization and growth-stage profile
Negative
  • Company had a prior noncompliance period that required resolution before Oct 16, 2025

Insights

Nasdaq approved transfer to Capital Market and restored listing compliance as of Oct. 16, 2025.

The transfer moves zSpace from the Nasdaq Global Market to the Nasdaq Capital Market, a venue the company says better matches its market capitalization and business profile while preserving the ZSPC ticker and trading continuity.

Regulatory standing now reads as fully compliant and in good standing with Nasdaq as of the effective date; any future non‑compliance will be measured from Oct. 16, 2025. Key near‑term dependencies include maintaining the Capital Market listing standards and demonstrating consistent governance and reporting to avoid renewed notice periods.

Watch for quarterly filings and any Nasdaq notices over the next 12 months to confirm sustained compliance; the effective transfer date Oct. 16, 2025 is the formal reset point for future measurements.

Company regained compliance and chose the Capital Market to align listing rules with its growth stage.

The announcement frames the move as strategic and compliance‑restoring, noting the prior noncompliance period is resolved and the company is now fully compliant with Nasdaq continued listing requirements.

Risks remain administrative: the decision reduces mismatch risk between exchange standards and company size but requires ongoing adherence to Capital Market standards and clear public reporting. Monitor subsequent SEC and Nasdaq filings and quarterly reports over the next four fiscal quarters to verify the company sustains compliance and the stated international expansions and product initiatives remain disclosed.

Strategic move positions Company for sustained listing compliance and better alignment with business profile

SAN JOSE, Calif., Oct. 20, 2025 (GLOBE NEWSWIRE) -- zSpace, Inc. (NASDAQ: ZSPC), a global leader in immersive augmented reality (AR) learning solutions for education, today announced that it has received approval from the Listing Qualifications Department of the Nasdaq Stock Market ("Nasdaq") to transfer the listing of its common stock from the Nasdaq Global Market to the Nasdaq Capital Market. This transfer was effective as of the opening of trading on October 16, 2025.

This announcement has no immediate effect on the listing or trading of the Company's common stock. The Company's shares will continue to trade under the "ZSPC" ticker symbol.

In connection with the transfer, Nasdaq confirmed that zSpace has regained compliance with all applicable listing standards, and the prior noncompliance period has been fully resolved. As of the effective date of the transfer, zSpace is in good standing and considered fully compliant with Nasdaq’s continued listing requirements. Any future non-compliance will be measured from the effective date of the transfer.

The transfer to the Nasdaq Capital Market represents a strategic decision that better aligns with zSpace's current business profile and market capitalization. The Nasdaq Capital Market provides listing standards that are more appropriate for growth-stage companies like zSpace, while maintaining the credibility, transparency, and investor access associated with a major U.S. stock exchange. The Company believes this move positions it to maintain listing eligibility both now and into the future as it executes on its growth initiatives.

"We view this transfer as the right strategic decision for zSpace at this stage of our evolution," said Paul Kellenberger, CEO of zSpace. "The Nasdaq Capital Market provides the appropriate regulatory framework while maintaining our access to institutional and retail investors. This move gives us a solid foundation for sustained compliance as we execute on our exciting growth trajectory, including our recent international expansion into the UAE, Europe, and Middle East markets, and the continued success of our award-winning Career Coach AI platform. We are confident that the Nasdaq Capital Market is the optimal venue for zSpace as we build long-term stockholder value through operational excellence and market expansion."

zSpace remains committed to maintaining its Nasdaq listing and building a sustainable public company that delivers value to stockholders, customers, and employees.

About zSpace

zSpace, Inc. (NASDAQ: ZSPC) delivers innovative augmented and virtual reality (AR/VR) experiences that drive achievement in STEM, CTE, and career readiness programs. Trusted by over 3,500 school districts, technical centers, community colleges, and universities, zSpace enables hands-on "learning by doing" experiences proven to improve engagement and student outcomes. Headquartered in San Jose, California, zSpace holds more than 70 patents, with research published in the Journal of Computer Assisted Learning (2021) validating the impact of 3D virtual reality technologies on student knowledge gains. For more information, visit www.zspace.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements regarding the Company's ability to maintain compliance with Nasdaq listing requirements, the appropriateness of the Nasdaq Capital Market for the Company's business profile, the Company's ability to execute its business and growth strategies, expand into international markets and deliver value to stockholders, customers and employees. These statements are based on current expectations and beliefs and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such forward-looking statements. Factors that could cause such differences include, but are not limited to, market conditions affecting the Company's stock price and market capitalization, the Company's ability to successfully execute its business strategy, changes in listing requirements, competitive pressures, general economic conditions and other factors discussed in the Risk Factors section of the Company’s filings with the SEC. Any forward-looking statements contained in this press release speak only as of the date hereof, and zSpace, Inc. 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

Investor Relations Contact:
Gateway Group
Cody Slach, Greg Robles
+1 949.574.3860
ZSPC@gateway-grp.com

Media Contact:
Amanda Austin
Senior Marketing Director, zSpace, Inc.
pr@zspace.com


FAQ

When did zSpace (ZSPC) transfer its listing to the Nasdaq Capital Market?

The transfer was effective at market open on October 16, 2025.

Does zSpace (ZSPC) remain compliant with Nasdaq after the transfer?

Yes; Nasdaq confirmed zSpace has regained compliance with applicable continued listing requirements as of the transfer effective date.

Will zSpace (ZSPC) ticker or trading change after the Nasdaq move?

No; the company’s common stock will continue to trade under the ZSPC ticker with no immediate change to trading.

Why did zSpace move to the Nasdaq Capital Market for ZSPC?

The company said the Capital Market better aligns with its current business profile and market capitalization and supports sustained listing eligibility.

Does the transfer affect zSpace’s international expansion plans for ZSPC?

The announcement says the move positions the company to maintain listing eligibility while it executes international expansion and growth initiatives.
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