Core Viewpoint - Triller Group Inc. has received a determination letter from a Nasdaq Hearings Panel confirming the suspension of trading and delisting of its securities due to the failure to file two periodic reports by the deadline of December 24, 2025 [1] Group 1: Company Operations and Compliance - The company's operations are progressing normally, with no identified deficiencies affecting its financial position or operational integrity [2] - The filing delay is primarily due to a technical matter involving the consolidation of accounts for a U.S.-based operation [2] - Management is confident in regaining full filing compliance within weeks, which is expected to position the company for robust revenue growth and expansion in 2026 [2] Group 2: Remediation Efforts - The timeline imposed by Nasdaq does not fully account for the substantial remediation efforts already achieved in resolving integration challenges following the October 2024 business combination with legacy Triller Corp [3] - The company has spent over a year addressing all accounting and audit matters related to legacy operations, and was in full compliance with Nasdaq listing requirements prior to the merger [3] Group 3: Accounting System Upgrades - The company is in the final stages of implementing a comprehensive upgrade to its accounting systems and processes in partnership with a leading accounting and finance consulting firm [4] Group 4: Legal Actions and Appeals - Triller Group is committed to exhausting all available appeal avenues, including pursuing an appeal through the Nasdaq process and potentially to the SEC and U.S. Court of Appeals [5] - The company has retained legal counsel to appeal the Hearings Panel's decision and has filed an emergency application with the SEC to stay the trading suspension [5] Group 5: Future Outlook - The procedural issue does not impact the company's ongoing operations, strategic priorities, or underlying financial strength [6] - The company anticipates achieving key growth milestones in 2026 and will provide updates on its financial filings and the Nasdaq appeal process [6]
ILLR Remains Confident in Nasdaq Appeal and Imminent Filing Compliance