RegulatoryJun 2, 2026, 08:25 AM
Triller Group gets Nasdaq extension to June 30 for bid price compliance
AI Summary
Triller Group Inc. announced that the Nasdaq Hearings Panel granted the company an exception until June 30, 2026, to regain compliance with Nasdaq's Bid Price Rule. The company must achieve a closing bid price of $1.00 or more for ten consecutive business days by the deadline to maintain its listing. CEO Wing-Fai Ng expressed gratitude for the extension, emphasizing the company's commitment to business growth and regulatory compliance, following a previous successful resolution regarding the Periodic Filing Rule.
Key Highlights
- Nasdaq granted Triller Group an exception until June 30, 2026, to regain compliance with the Bid Price Rule.
- Triller must achieve a closing bid price of $1.00 or more for ten consecutive business days by the deadline.
- This marks the third successive successful challenge to Nasdaq in its regulatory oversight process.
- CEO Wing-Fai Ng expressed gratitude and commitment to growing business segments and maintaining compliance.
- Special Counsel Jacob Frenkel praised the team's dedication and successful navigation of Nasdaq processes.
- Triller's securities resumed trading on Nasdaq Capital Market on April 16, 2026, after regaining Periodic Filing Rule compliance.
Price Impact
More from ILLR