BloomZ Regains Compliance with Nasdaq Listing Rules
Tokyo, Japan – In a recent development, BloomZ Inc. (NASDAQ: BLMZ), a leading Japanese audio production, VTuber, entertainment, and voice actor management company, announced on February 26, 2025, that it has regained compliance with the Nasdaq Stock Market LLC’s (Nasdaq) Listing Rule 5550(b). This rule requires companies 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.
Company’s Stockholders’ Equity Reaches $3.38 Million
According to the Company’s Form 20-F for the fiscal year ended September 30, 2024, filed with the U.S. Securities and Exchange Commission (SEC) on February 14, 2025, BloomZ’s stockholders’ equity amounted to $3,382,813 (converted from Japanese Yen as of September 30, 2024). This figure exceeded the minimum requirement of $2.5 million, enabling BloomZ to regain compliance with Nasdaq’s listing rules.
Impact on BloomZ and Its Stakeholders
The regained compliance with Nasdaq’s listing rules is a significant milestone for BloomZ as it reinforces the Company’s financial stability and credibility. This achievement is expected to attract more institutional investors and strengthen BloomZ’s position in the Japanese entertainment industry. Furthermore, it may lead to increased media attention and recognition, potentially resulting in greater business opportunities.
Global Implications of BloomZ’s Regained Compliance
BloomZ’s regained compliance with Nasdaq’s listing rules is not only a triumph for the company but also has broader implications for the global entertainment industry. By meeting the requirements of a major U.S. stock exchange, BloomZ has solidified its position as a reputable player in the international market. This may inspire other Japanese entertainment companies to follow suit and list on U.S. exchanges, fostering a more interconnected and dynamic global entertainment landscape.
Conclusion
In summary, BloomZ Inc.’s regained compliance with Nasdaq’s Listing Rule 5550(b) is a positive development for the Japanese audio production, VTuber, entertainment, and voice actor management company. It underscores BloomZ’s financial strength and credibility, attracts more investors, and solidifies its place in the global entertainment industry. Moreover, it may encourage other Japanese entertainment companies to list on U.S. exchanges, contributing to a more interconnected and dynamic global entertainment market.
- BloomZ Inc. (NASDAQ: BLMZ) regained compliance with Nasdaq’s Listing Rule 5550(b).
- The Company’s stockholders’ equity exceeded the minimum requirement of $2.5 million.
- This achievement strengthens BloomZ’s position in the Japanese entertainment industry.
- It may lead to increased media attention and business opportunities.
- BloomZ’s regained compliance has broader implications for the global entertainment industry.
