RegulatoryMay 29, 2026, 04:33 PM
Medirom Healthcare Receives Nasdaq Non-Compliance Notice for Late 20-F
AI Summary
Medirom Healthcare Technologies Inc. announced it received a notice from Nasdaq on May 26, 2026, indicating non-compliance with Listing Rule 5250(c)(1). This is due to the company's failure to timely file its Form 20-F for the fiscal year ended December 31, 2025. The company has 60 calendar days, until July 27, 2026, to submit a plan to regain compliance, with a potential extension of up to 180 days until November 11, 2026. The notice does not immediately affect the trading of its shares, and the company plans to file the Form 20-F or submit a compliance plan by the deadline.
Key Highlights
- Medirom Healthcare Technologies received a notice from Nasdaq on May 26, 2026, regarding non-compliance.
- The non-compliance is due to the failure to timely file its Form 20-F for the fiscal year ended December 31, 2025.
- The company has 60 calendar days, until July 27, 2026, to submit a plan to regain compliance.
- If the plan is accepted, Nasdaq may grant an exception of up to 180 calendar days, until November 11, 2026.
- The notice has no immediate effect on the listing or trading of the company's American Depositary Shares.
- The company intends to file its Form 20-F or provide a compliance plan by July 27, 2026.
Price Impact
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