zSpace, Inc. has announced its intention to voluntarily withdraw its common stock from listing on The Nasdaq Stock Market and to deregister its securities with the U.S. Securities and Exchange Commission. The company provided written notice to Nasdaq on September 15, 2026, stating that it intends to file a Form 25 with the SEC on or about September 25, 2026.
The decision was authorized by the company’s board of directors on September 9, 2026. The board cited several factors in its determination, including the suspension of trading on Nasdaq since April 28, 2026, the conclusion of the company’s appeal process, and the substantial direct and indirect costs associated with maintaining registration and complying with SEC reporting requirements.
According to the filing, the delisting of the Common Stock is expected to become effective ten days after the filing of the Form 25, which is on or about October 5, 2026. The registration of the Common Stock under Section 12(b) of the Exchange Act is expected to terminate 90 days after the filing, on or about December 24, 2026.
Following the delisting, zSpace intends to file a Form 15 with the SEC in early January 2027 to suspend its remaining reporting obligations, including the obligation to file periodic reports such as Forms 10-K, 10-Q, and 8-K. The company’s common stock is currently quoted on the OTC market under the symbol ZSPC and is expected to continue to be quoted following the delisting, though there is no assurance that a market will be maintained.