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MEDIROM Healthcare Technologies Inc. Regains Compliance with NASDAQ Continued Listing Requirements
MEDIROM Healthcare Technologies Inc. Regains Compliance with NASDAQ Continued Listing Requirements

Yahoo

time4 days ago

  • Business
  • Yahoo

MEDIROM Healthcare Technologies Inc. Regains Compliance with NASDAQ Continued Listing Requirements

NEW YORK, June 05, 2025 (GLOBE NEWSWIRE) -- MEDIROM Healthcare Technologies Inc. (NasdaqCM: MRM), a holistic healthcare company based in Japan ('MEDIROM' or the 'Company'), today announced that on June 4, 2025, it received a written notification from The Nasdaq Stock Market LLC ('Nasdaq') notifying the Company that it has regained compliance with Nasdaq's minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2). On February 27, 2025, the Company received notice from Nasdaq that it was not in compliance with the minimum bid price requirement, which requires listed securities to maintain a minimum closing bid price of $1.00 per share. To regain compliance, the Company's American Depositary Shares, representing common shares of the Company ('ADSs'), were required to maintain a minimum closing bid price of $1.00 or more for at least 10 consecutive business days. The Company was provided 180 calendar days through August 26, 2025, to regain compliance. On June 4, 2025, Nasdaq confirmed that for the last 10 consecutive business days, from May 20, 2025 to June 3, 2025, the closing bid price of the Company's ADSs had been $1.00 per share or greater. Accordingly, Nasdaq informed the Company that the Company has regained compliance with Nasdaq Listing rule 5550(a)(2) and that this matter is now closed. About MEDIROM Healthcare Technologies a holistic healthcare company, operates over 300 wellness salons across Japan, being its leading brand, and provides healthcare services. In 2015, MEDIROM entered the health tech business and launched new healthcare programs using an on-demand training app called 'Lav®', which is developed by the Company. MEDIROM also entered the device business in 2020 and has developed a smart tracker, the 'MOTHER Bracelet®'. In 2023, MEDIROM launched REMONY, a remote monitoring system for corporate clients, and has received orders from a broad range of industries, including nursing care, transportation, construction, and manufacturing, among others. MEDIROM aims to leverage its diverse portfolio of health-related products and services to collect and manage healthcare data from users and customers, positioning itself as a leader in healthcare big data in Japan. For more information, visit Forward-Looking StatementsCertain statements included in this press release relating to MEDIROM are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may include projections and estimates concerning MEDIROM's possible or assumed future results of operations, financial condition, business strategies and plans, market opportunity, competitive position, industry environment, and potential growth opportunities. In some cases, you can identify forward-looking statements by terms such as 'may,' 'will,' 'should,' 'design,' 'target,' 'aim,' 'expect,' 'could,' 'intend,' 'plan,' 'anticipate,' 'estimate,' 'believe,' 'continue,' 'predict,' 'project,' 'potential,' 'goal' or other words that convey the uncertainty of future events or outcomes. You can also identify forward-looking statements by discussions of strategy, plans or intentions. These forward-looking statements include, but are not limited to, forecasts of financial and performance metrics (including key performance indicators), and projections of market size and opportunity. These statements are based on various assumptions and on the current expectations of MEDIROM and its management and are not predictions of actual performance. While MEDIROM's management considers these assumptions and expectations to be reasonable, they are inherently subject to significant business, economic, competitive, regulatory and other risks, contingencies and uncertainties, most of which are difficult to predict and many of which are beyond MEDIROM's control. If the risks materialize or MEDIROM's assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. MEDIROM assumes no obligation to update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ from those anticipated in these forward-looking statements, even if new information becomes available in the future. ContactInvestor Relations Teamir@ in to access your portfolio

Beautiful sun-soaked country with 87p beers and 22C heat in May
Beautiful sun-soaked country with 87p beers and 22C heat in May

Daily Mirror

time03-05-2025

  • Daily Mirror

Beautiful sun-soaked country with 87p beers and 22C heat in May

Serbia offers stunningly cheap prices and incredible sunshine in May that many Brits could consider for a holiday getaway instead of more typical options such as those in the Mediterranean A beautiful country offers beers from as little as 86p and glorious 22C in May if travellers fancy swapping a typical Mediterranean holiday for an underrated gem. Temperatures will be soaring across Europe next month with the mercury regularly tipping past the 20C mark. But with the average cost of a pint in the UK currently sitting at about £4.70, according to the Office for National Statistics, people are searching for other destinations where their hard earned wages can stretch further. ‌ Travel website World Wide Wilbur has suggested the Balkan country of Serbia as a destination for those who fancy a cheaper pint. The website said the nation offers a fantastic selection of beers that will please most Brits looking for a wildcard choice for a holiday break in May. ‌ "Serbia has some outstanding nightlife and delicious beer," the website said. "Belgrade is most famous for its Splavovi, riverside barge nightclubs that blast music till sunrise. "You won't find cheap beer in the Splavs, but on a side street in charming Zemun, you can find a draft Lav for only 120 Dinars (87p). I recommend upgrading to a Niksicko Tamno dark beer. Belgrade is a big, wild city, and I started off my visit by joining the Belgrade Pub Crawl." But it's not just cheaper pints that will have you considering Serbia for a holiday destination with a lovely spell of weather expected in May, according to AccuWeather. Temperatures can hit highs of 27C on May 2 with a more steady 26C being forecast from the middle of the month ahead. Serbia also offers a host of activities and attractions to travellers, with Belgrade being known for its historic fortresses and museums packed with artefacts and culture from the Balkan country. The history of Serbia is long and complex and make for a perfect detour for people wanting to learn more about the region in between pit stops at the city's pubs and bars. ‌ For those wanting to get stuck into the Belgrade nightlife, there are several options that can give you a great tour of the cities bars. The Belgrade Chuggalong on website Get Your Guide offers an experience to "the ultimate taste of Belgrade's vibrant nightlife." Reservations for the pub crawl currently stand at £25.63 per person with free shots and exclusive drink deals being offered "at every bar you visit." Those wanting to jet off to Belgrade next month have a couple of direct options in the UK that they can choose to set off from, including: London Luton Airport London Heathrow Airport Both Air Serbia and Wizz Air offer direct flights with many more options being available for those who do not mind a stopover at another airport.

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