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Nasdaq notifies Medirom Healthcare of non-compliance with the $1.00 minimum bid price requirement
MRMMedirom Healthcare Technologies Inc.
Medirom Healthcare Technologies Inc. received a notification from Nasdaq on October 6, 2026, stating its American Depositary Shares failed to maintain the required minimum closing bid price of $1.00 for 31 consecutive business days ending October 5, 2026. The company has until April 5, 2027, to regain compliance by achieving a closing price of at least $1.00 for ten consecutive trading days; failure to do so may result in delisting proceedings or an extension request. Medirom operates wellness salons under the Re.Ra.Ku brand and provides HealthTech solutions including remote monitoring systems.