- Medirom Healthcare (NASDAQ:MRM) said on Friday it had received a written notification from the Nasdaq that it was not in compliance with the minimum market value requirement.
- Nasdaq requires companies to maintain a minimum market value of US$35M and a failure to meet the minimum market value requirement exists if the deficiency continues for a period of 30 days.
- The Company has 180 days, or until December 27 to regain compliance.
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