Bloomz announces receipt of nasdaq notification letter regarding minimum bid price deficiency

Tokyo, japan / accesswire / december 6, 2024 / bloomz inc. (nasdaq:blmz) ("bloomz" or the "company"), a cayman islands holding company with an 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.
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