MEDIROM (NASDAQ: MRM) Set for Takeoff: Series A Boost & Altman-Backed ‘Orb’ Deal Fuels 150% Upside
MRM shares surged 22% pre-market Oct. 9 after MOTHER Labs secured Series A funding at a ¥9 billion valuation. In late September, MEDIROM partnered with World to deploy World ID Orb devices in 100 Re.Ra.Ku salons, the largest rollout in Japan. Its REMONY system received Japanese government certification in August and was adopted by the Ground Self-Defense Force. MEDIROM posted 2024 revenue of $52.74M, up 22%.
