Medirom Healthcare gets Nasdaq notice for breaching $1 minimum bid price rule
Bitget2026/10/13 20:31- Medirom received a Nasdaq notice for noncompliance with the $1.00 minimum bid price rule after 31 straight business days below $1.00.
- Nasdaq set an April 5, 2027 deadline to regain compliance; ADS must close at or above $1.00 for 10 consecutive business days.
- Failure to cure by the deadline could trigger an additional 180-day extension or lead to delisting from the Nasdaq Capital Market.
- Separately, Nasdaq granted time until Nov. 11, 2026 to regain compliance for a late Form 20-F filing.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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