BloomZ Granted 180-Day Extension to Regain Nasdaq Compliance

BloomZ has received a 180-day extension from Nasdaq to regain compliance with the minimum $1.00 per share bid price requirement. The company was initially notified in December 2024 and was given a first compliance period that ended on June 2, 2025. If BloomZ fails to regain compliance by December 1, 2025, its securities will be subject to delisting.

BloomZ (NASDAQ: BLMZ), a Japanese entertainment company, has been granted a 180-day extension by Nasdaq to regain compliance with the minimum $1.00 per share bid price requirement [1]. The company was initially notified of non-compliance on December 2, 2024, with a first compliance period ending on June 2, 2025. To meet the requirement, BloomZ's closing bid price must be at least $1.00 for a minimum of ten consecutive business days before December 1, 2025. Failure to meet this requirement could result in delisting, although the company has the right to appeal to a Nasdaq Hearings Panel. BloomZ has stated it will monitor its bid price and consider all available options to maintain compliance.

References:
[1] https://www.stocktitan.net/news/BLMZ/bloom-z-granted-180-day-extension-by-nasdaq-to-regain-compliance-xvoyssgwc22l.html