zSpace, Inc. Announces Voluntary Delisting from Nasdaq

What Happened
zSpace, Inc. announced on September 15, 2026 that it will voluntarily withdraw its common stock from listing on The Nasdaq Capital Market and deregister the shares under Section 12(b) of the Exchange Act. The company’s board authorized the decision on September 9, 2026 and the company plans to file Form 25 (Notification of Removal) with the SEC on or about September 25, 2026. zSpace also issued a press release and posted the notice on its investor website the same day.

Key Details

• Nasdaq suspended trading in zSpace common stock on April 28, 2026 after a delisting determination dated April 21, 2026; zSpace’s appeal was denied by a Nasdaq Hearings Panel on August 6, 2026 and the period for further review expired August 21, 2026.
• Company expects delisting to become effective 10 days after filing Form 25 (on or about October 5, 2026) and termination of registration under Section 12(b) to occur 90 days after Form 25 (on or about December 24, 2026).
• Board cited the concluded appeal, the ongoing trading suspension, the costs and management burden of Exchange Act reporting, and limited benefits of continued listing as reasons for voluntary withdrawal.
• The company furnished a press release dated September 15, 2026 announcing the plan.

Why It Matters
Delisting and deregistration mean zSpace will no longer be listed on Nasdaq and will cease Exchange Act registration after the stated timeline, which ends routine SEC reporting obligations. For investors, that can reduce transparency and may limit where and how the stock trades (often to over‑the‑counter markets), affecting liquidity and access to public market information. The filing provides expected effective dates so shareholders know the timetable for these changes.