Medirom Healthcare Technologies Inc. Regains NASDAQ Compliance After Meeting Minimum Bid Price Requirement

Reuters
06-05
Medirom Healthcare Technologies Inc. Regains NASDAQ Compliance After Meeting Minimum Bid Price Requirement

New York, June 5, 2025 - MEDIROM Healthcare Technologies Inc. (NasdaqCM: MRM), a Japan-based holistic healthcare company, has announced that it has regained compliance with Nasdaq's minimum bid price requirement. The company had received a notification from Nasdaq on February 27, 2025, regarding its non-compliance with the rule, which mandates a minimum closing bid price of $1.00 per share for listed securities. MEDIROM was given until August 26, 2025, to meet this requirement. As of June 4, 2025, the company confirmed that its American Depositary Shares had maintained a closing bid price of $1.00 or more for 10 consecutive business days, from May 20 to June 3, 2025. Consequently, Nasdaq has informed MEDIROM that it is now in compliance with the listing rule, closing the matter.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Medirom Healthcare Technologies Inc. published the original content used to generate this news brief on June 05, 2025, and is solely responsible for the information contained therein.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

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