Warrantee Inc. Regains Compliance with Nasdaq Filing Requirements
February 05 2024 - 8:00AM
Warrantee Inc. (Nasdaq: WRNT) (the "Company" or "Warrantee"), a
Japanese marketing and market research technology company, today
announced that it had received a letter from the Nasdaq Office of
General Office dated February 1, 2024, confirming that the Company
had regained compliance with Nasdaq's filing requirement set forth
in Listing Rule 5250(c)(1), since the Company filed its Form 20-F
for the period ended March 31, 2023 on January 31, 2024. As a
result, the scheduled hearing before the Hearings Panel on February
8, 2024 relating to the delisting determination resulting from the
failure to file such Form 20-F had been cancelled and the matter
was closed. The Company’s American Depositary Shares will continue
to be listed and traded on the Nasdaq Capital Market under the
symbol “WRNT.”
About Warrantee Inc.
Founded in Japan in 2013, Warrantee is a
Japanese marketing and market research technology company that
helps corporate sponsors unlock value through targeted marketing
campaigns while providing its corporate sponsors' potential
customers who participate in its campaigns with extended warranty
coverage on durables or certain healthcare benefits sponsored by
its corporate sponsors. Warrantee focuses on developing a suite of
specialized marketing and market research services and these
services are designed to collect and leverage targeted and
specialty data of its corporate sponsors' potential customers to
provide proprietary market insights to its corporate sponsors and
promote the sales of their products. At the core of Warrantee's
current business of providing marketing campaign services is its
trinity model, which connects three stakeholders: corporate
sponsors, campaign participants, whom Warrantee also refers to as
users, and Warrantee, and is designed to benefit all three
stakeholders. For more information, please visit the Company's
website: https://warrantee.com/ir/.
Forward-Looking
Statements
Certain statements in this announcement are
forward-looking statements. These forward-looking statements
involve known and unknown risks and uncertainties and are based on
the Company's current expectations and projections about future
events that the Company believes may affect its financial
condition, results of operations, business strategy and financial
needs. Investors can find many (but not all) of these statements by
the use of words such as "may," "will," "should," "believe,"
"expect," "could," "intend," "plan," "anticipate," "estimate,"
"continue," "predict," "project," "potential," "target," "goal," or
other similar expressions in this prospectus. The Company
undertakes no obligation to update or revise publicly any
forward-looking statements to reflect subsequent occurring events
or circumstances, or changes in its expectations, except as may be
required by law. Although the Company believes that the
expectations expressed in these forward-looking statements are
reasonable, it cannot assure you that such expectations will turn
out to be correct, and the Company cautions investors that actual
results may differ materially from the anticipated results and
encourages investors to review other factors that may affect its
future results in the Company's registration statement and other
filings with the U.S. Securities and Exchange Commission.
For investor and media inquiries, please
contact:
Warrantee Inc.
Investor Relations Department
Email: info@warrantee.co.jp
Ascent Investor Relations
LLC
Tina Xiao
Phone: +1-646-932-7242
Email: investors@ascent-ir.com
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