RegulatoryJun 2, 2026, 08:32 AM
Triller Group Gets Nasdaq Exception to Regain Bid Price Compliance
AI Summary
Triller Group Inc. announced it has received an exception from the Nasdaq Hearings Panel to regain compliance with the Bid Price Rule. The company has until June 30, 2026, to achieve a minimum closing bid price of $1.00 for ten consecutive business days. This follows a period where the company's securities resumed trading after addressing prior non-compliance with the Periodic Filing Rule. The CEO expressed appreciation for the extended timeframe, emphasizing the company's focus on business growth and regulatory compliance.
Key Highlights
- Triller Group Inc. received an exception from Nasdaq Hearings Panel until June 30, 2026, to regain compliance with the Bid Price Rule.
- The company must achieve a closing bid price of $1.00 or more for ten consecutive business days by June 30, 2026.
- Triller's securities resumed trading on April 16, 2026, after previously being delisted for non-compliance with the Periodic Filing Rule.
- Nasdaq Staff sought to assert non-compliance with the Bid Price Rule, leading to the matter being remanded to the Panel.
- The company's CEO expressed gratitude for the additional time and commitment to business growth and shareholder expectations.
Price Impact
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