Company: VSA
Filing Date: 2025-01-15
Form Type: F-3
Source: 0001104659-25-003808
Chunk: 17

Company: VisionSys AI Inc
Filing Date: 2025-01-15
Form: F-3
Chunk 17
---
 to a nationwide network of learning centers since our inception, or professional education business. In December 2023, we entered into an equity transfer agreement to dispose of our equity interests in the professional education business (the “Divestiture”). The Divestiture was consummated at the end of March 2024. Upon the consummation of the Divestiture, the professional education business, including the business operated by the former VIE, had been divested. In 2021, 2022 and 2023, revenues generated from our professional education business represented a large portion of our total revenues.

#### Recent Developments
On January 3, 2025, we received a letter (the “Nasdaq Letter”) from the Nasdaq Listing Qualifications staff (the “Staff”) of Nasdaq stating that, based upon the closing bid price of the ADSs for the last 30 consecutive business days, we were not in compliance with the requirement to maintain a minimum bid

<div align='center'>5</div>

TABLE OF CONTENTS

price of $1.00 per share of our ADSs, as set forth in Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Requirement”). The Nasdaq Letter has no immediate effect on the listing of the ADSs, which will continue to trade on the Nasdaq under the symbol “TCTM” at this time. Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), we have been given 180 calendar days, or until July 2, 2025, to regain compliance with the Minimum Bid Price Requirement. If at any time before July 2, 2025, the bid price of the ADSs closes at $1.00 per share or more for a minimum of 10 consecutive business days, the Staff will provide written confirmation that we have regained compliance with the Minimum Bid Price Requirement and the matter will be closed.

If we do not regain compliance with the Minimum Bid Price Requirement, we may be eligible for an additional 180-calendar day grace period. To qualify, we will be required to meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for the Nasdaq, with the exception of the Minimum Bid Price Requirement, and will need to provide written notice of its intention to cure the deficiency during the second compliance period. If we fail to meet the Minimum Bid Price Requirement or minimum market value of publicly held shares requirement in the future, our ADSs