TJGC GROUP Ltd

TJGC Group Limited has announced that it has regained compliance with The Nasdaq Stock Market LLC's minimum bid price requirement. The company previously received a notice on March 26, 2026, indicating non-compliance as its shares traded below $1.00 for 30 consecutive business days. On July 1, 2026, Nasdaq confirmed that TJGC Group had met the requirement, with its closing bid price at or above $1.00 for at least 10 consecutive business days between June 16 and June 30, 2026, officially closing the matter.

TJGC GROUP Ltd announced changes to its Board of Directors and committee compositions. Effective June 30, 2026, CHAN KA MAN and LAI HO YIN resigned from their director positions. Concurrently, Ms. Tian Ke and Mr. Lin Junteng were appointed as new independent directors. The company also reconstituted its Audit, Compensation, and Nominating and Governance Committees, with the new directors taking on key roles, including chairmanships.

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.

TJGC Group announced that trading in its ordinary shares on Nasdaq will resume on June 3, 2026, after being halted since May 15, 2026. The halt was imposed by Nasdaq's Listing Qualifications Department due to requests for additional information regarding recent trading activity and the Company's follow-on offering. TJGC responded to all inquiries, and Nasdaq has confirmed it has no further questions. The Company also clarified that a 1-for-3 reverse stock split, announced on May 21, 2026, was initiated to address a Nasdaq minimum bid price deficiency, independent of the trading activity.

TJGC Group Limited's Board of Directors approved a 1-for-3 share consolidation of its issued ordinary shares. This corporate action, effective for trading on the Nasdaq Capital Market starting May 26, 2026, will reduce the total number of issued ordinary shares from 30,300,000 to 10,100,000. No shareholder approval was required, and fractional shares will be rounded up to the next whole share.