04:29 PM EDT, 06/06/2025 (MT Newswires) -- BloomZ ( BLMZ ) said Friday it received a letter from Nasdaq granting the company a second 180-day extension, through Dec. 1, to regain compliance with the exchange's minimum $1-per-share bid price requirement for continued listing.

The company was initially notified in December that it was not in compliance with Nasdaq's listing rules and had until June 2 to meet the requirement. As it did not regain compliance during that initial period, Nasdaq has now determined that BloomZ ( BLMZ ) is eligible for an additional extension.

BloomZ ( BLMZ ) said it will continue to monitor its bid price and will consider all available options to regain compliance.

The company's shares were up nearly 7% in after-hours trading.