Lead real estate co., ltd receives notification regarding non-compliance of nasdaq global market minimum market value of publicly held shares requirement

Tokyo, aug. 15, 2024 (globe newswire) -- lead real estate co., ltd. (nasdaq: lre) (“lre” or the “company”), a japanese real estate developer of luxury residential properties, including single-family homes and condominiums across tokyo, kanagawa prefecture and sapporo, today announced that the company received a written notification (the “notice”) from the nasdaq stock market llc (“nasdaq”) on august 12, 2024, notifying the company that it is not in compliance with the minimum market value of publicly held shares ("mvphs") requirement set forth in the nasdaq listing rules for continued listing on the nasdaq global market.
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