Core Viewpoint - TIAN RUIXIANG Holdings Ltd. is facing potential delisting from Nasdaq due to its securities trading at a closing bid price of $0.10 or less for ten consecutive trading days, which is in violation of Nasdaq's Listing Rule 5810(c)(3)(A)(iii) [1][2] Group 1: Delisting Notification - The Company received notification from Nasdaq that its securities are subject to delisting due to low trading prices [1] - Trading of the Company's shares will be suspended starting March 5, 2026, and a Form 25-NSE will be filed with the SEC to remove the Company's securities from listing [2] Group 2: Appeal Process - The Nasdaq Hearings Panel will review the Company's case regarding its continued listing, and the Company can present its views in writing by March 10, 2026 [3] - The Company is working with advisors to appeal for a stay of the trading suspension or to reinstate trading as soon as possible [4] Group 3: Company Overview - TIAN RUIXIANG Holdings Ltd. is an insurance broker based in Beijing, China, offering a variety of insurance products, including property and casualty insurance, health insurance, and life insurance [5]
TIAN RUIXIANG Holdings Ltd. Announces Receipt of Nasdaq Suspension and Delisting Notification