Global Solutions for People, Programs & Process
Versar provides exceptional value to any project because of our active process management, effective communication, and advanced quality control methods. Customer satisfaction is our top priority. We understand that every client has unique needs and we tailor our services accordingly. All client deliverables are custom designed to service the specific requirements of each task. We ensure on time and on-budget delivery.
Having a Global footprint is a huge advantage to Versar customers no matter where they work. From the harshest environments to the most dangerous regions, Versar maintains a robust database of experts across all services that is constantly updated and expanded. Versar human resource and database management are vital elements of your success.
August 15, 2017
Springfield, VA - August 15, 2017 - Versar, Inc. (NYSE American: VSR) announced today that the Company received a letter dated August 11, 2017, from NYSE American LLC (the "Exchange") stating that the Exchange has extended the period for implementation of the Company's plan to restore compliance with Section 1003(a)(i) of the Exchange Company Guide (the "Company Guide") and has granted a plan period through September 15, 2017, subject to extensions. In April 2017, Versar received a letter from the Exchange stating that the Company was not in compliance with that provision of the Company Guide because the stockholders' equity was below $2 million.
July 7, 2017
Springfield, VA - July 7, 2017 - Versar, Inc. (NYSE MKT: VSR) announced today that the Company received a letter dated June 30, 2017, from NYSE MKT LLC (the "Exchange") stating that the Exchange has accepted the Company?s plan to restore compliance with Section 1003(a)(i) of the Exchange Company Guide (the "Company Guide") and has granted a plan period through August 15, 2017, subject to extensions. The staff of the Exchange will review the Company periodically for compliance with the initiatives outlined in its plan. If the Company is not in compliance with the continued listing standards by August 15, 2017 or if the Company does not make progress consistent with the plan during the plan period, the Exchange staff has indicated that it would initiate delisting proceedings as appropriate.