Bloomz inc. regains compliance with nasdaq continued listing standards

Tokyo, jp / access newswire / february 26, 2025 / bloomz inc. (nasdaq:blmz) ("bloomz" or the "company"), a japanese audio production, vtuber, entertainment, and voice actor management company, today announced that it received formal notification from the nasdaq stock market llc ("nasdaq") on february 19, 2025 that the company has regained compliance with nasdaq listing rule 5550(b), which requires the company to meet at least one of the following standards: (1) stockholders' equity of at least $2.5 million; (2) market value of listed securities of at least $35 million; or (3) net income from continuing operations of $500,000 in the most recently completed fiscal year or in two of the three most recently completed fiscal years. the nasdaq staff made this determination of compliance based on the company's form 20-f for the fiscal year ended september 30, 2024, filed with the u.s. securities and exchange commission (the "sec") on february 14, 2025, reporting the company's stockholders' equity of $3,382,813 (converted from japanese yen as of september 30, 2024).
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