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Stock impact report

BloomZ Announces Receipt of Nasdaq Notification Letter Regarding Minimum Bid Price Deficiency [Yahoo! Finance]

BloomZ Inc. - Ordinary Shares (BLMZ) 
Company Research Source: Yahoo! Finance
operating subsidiary, Kabushiki Kaisha BloomZ, in Japan, and a Japanese audio production, and voice actor and VTuber management company, today announced that it has received a deficiency letter (the "Notice") from the Listing Qualifications Department of The Nasdaq Capital Market ("Nasdaq") on December 2, 2024, indicating that the Company was not in compliance with the minimum bid price requirement as set forth under Nasdaq Listing Rule 5550(a)(2) (the "Minimum Bid Price Rule") for continued listing on Nasdaq. The Minimum Bid Price Rule requires listed securities to maintain a minimum bid price of US $1.00 per share, and Listing Rule 5810(c)(3)(A) provides that a failure to meet this requirement exists if the deficiency continues for a period of 30 consecutive business days. Based on the closing bid price of the Company's ordinary shares (the "Ordinary Shares") for over the last 30 consecutive business days from October 18, 2024 to November 29, 2024, the Company no longer meets the Show less Read more
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