RegulatoryJun 3, 2026, 09:31 AM
TJGC Group trading to resume on Nasdaq after halt resolution
AI Summary
TJGC Group announced that trading in its ordinary shares on the Nasdaq Capital Market is expected to resume after 10:00 a.m. ET on June 3, 2026. Trading was halted on May 15, 2026, by Nasdaq due to inquiries regarding recent trading activity and the company's follow-on offering. TJGC responded to Nasdaq's information requests, including one related to its 1-for-3 reverse stock split, and Nasdaq has confirmed it has no further questions. The company believes recent trading activity likely reflects public information about the follow-on offering.
Key Highlights
- TJGC Group's ordinary shares trading on Nasdaq to resume after 10:00 a.m. ET on June 3, 2026.
- Trading was halted on May 15, 2026, by Nasdaq due to inquiries on recent trading activity and a follow-on offering.
- TJGC submitted multiple responses to Nasdaq's information requests between May 18 and May 26, 2026.
- Nasdaq has confirmed it has no further questions regarding the inquiries.
- The 1-for-3 reverse stock split was initiated due to a minimum bid price deficiency letter from Nasdaq.
- The company is unaware of any undisclosed corporate development explaining recent trading activity.
Price Impact
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