Warrantee Inc. Regains Compliance With Nasdaq Filing Requirements
Portfolio Pulse from Benzinga Newsdesk
Warrantee Inc. (NASDAQ:WRNT), a Japanese marketing and market research technology company, announced it has regained compliance with Nasdaq's filing requirements by filing its Form 20-F for the period ended March 31, 2023. Consequently, the scheduled delisting hearing has been cancelled, and its American Depositary Shares will continue to be listed on the Nasdaq Capital Market.
February 05, 2024 | 1:00 pm
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Warrantee Inc. has successfully regained compliance with Nasdaq's filing requirements, avoiding delisting and ensuring its shares remain traded on the Nasdaq Capital Market.
Regaining compliance with Nasdaq's filing requirements is a significant positive development for Warrantee Inc. It removes the immediate risk of delisting, which can severely impact a company's stock price and investor confidence. This news is likely to be viewed positively by investors, potentially leading to a short-term increase in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100