Warrantee Inc. Announces Receipt of Nasdaq Delisting Determination; Plans to Appeal
Tokyo, Japan, Nov. 02, 2023 (GLOBE NEWSWIRE) — Warrantee Inc. (Nasdaq:WRNT) (the “Company” or “Warrantee”), a Japanese marketing and market research technology company, today announced that it received a staff determination letter (the “Letter”), on October 27, 2023, from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company of the determination from the Nasdaq staff (the “Staff”) to delist the Company’s securities from The Nasdaq Stock Market because it had not filed its Form 20-F for the period ended March 31, 2023 and is not in compliance with Nasdaq’s filing requirements for continued inclusion set forth in Nasdaq Listing Rule 5250(c)(1). Nasdaq explained in the Letter that the Company’s noncompliance with the first required periodic report after listing raised questions regarding the Company’s ability and readiness to be a Nasdaq listed company. This announcement is made in compliance with Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of a deficiency notification.