TJGC Group Announces Receipt of Nasdaq Notification Letter Regarding Minimum Bid Price Deficiency
Globenewswire·2026-03-30 14:11

Core Viewpoint - TJGC Group Limited has received a letter of noncompliance from Nasdaq due to its closing bid price falling below the required minimum of $1 per share for the last 30 consecutive business days [1]. Group 1: Compliance and Listing Requirements - The company has a compliance period of 180 calendar days to regain compliance with Nasdaq's minimum bid price requirement [2]. - If the closing bid price reaches at least $1 for a minimum of ten consecutive business days during this period, Nasdaq will confirm compliance and close the matter [2]. - Should the company fail to regain compliance, it may be eligible for an additional compliance period, provided it meets other listing requirements and notifies Nasdaq of its intention to cure the deficiency [3]. Group 2: Current Trading Status - The notification from Nasdaq does not result in immediate delisting, and TJGC's shares will continue to trade under the symbol "TJGC" [4]. - The company is actively evaluating options to regain compliance and intends to meet Nasdaq's continued listing requirements [4]. Group 3: Company Overview - TJGC Group Limited, through its subsidiary Ctrl Media Limited, provides integrated marketing and advertising services in Hong Kong, primarily targeting mobile game developers [5]. - The company utilizes various digital media platforms for advertising campaigns and collaborates with influencers and local celebrities for promotional content [5]. - TJGC was incorporated in 2022 and rebranded from Ctrl Group Limited in November 2025 [5].

TJGC Group Announces Receipt of Nasdaq Notification Letter Regarding Minimum Bid Price Deficiency - Reportify