tiprankstipranks
Company Announcements

MEDIROM Faces Nasdaq Compliance Challenge

Story Highlights
  • MEDIROM received a Nasdaq notification for non-compliance with the $1.00 minimum bid price.
  • The company has until August 26, 2025, to regain compliance without affecting operations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
MEDIROM Faces Nasdaq Compliance Challenge

MEDIROM Healthcare Technologies ( (MRM) ) has issued an announcement.

On February 27, 2025, MEDIROM Healthcare Technologies Inc. received a notification from Nasdaq indicating non-compliance with the minimum bid price requirement for continued listing on the Nasdaq Capital Market. The company’s shares have not met the $1.00 minimum bid price for 31 consecutive business days. MEDIROM has until August 26, 2025, to regain compliance by maintaining a closing bid price of at least $1.00 for 10 consecutive business days. The company’s business operations remain unaffected by this notification, and it is considering measures to address the compliance issue.

More about MEDIROM Healthcare Technologies

MEDIROM Healthcare Technologies Inc. operates in the healthcare industry, focusing on providing wellness services and health management solutions. The company is based in Tokyo, Japan, and is known for its innovative approaches to healthcare technology.

YTD Price Performance: -31.49%

Average Trading Volume: 220,852

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $3.42M

See more data about MRM stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1