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TIAN RUIXIANG Holdings Ltd Regains Compliance with Nasdaq Minimum Bid Price Requirement and Receives an Extension on Compliance with Nasdaq Filing Requirement
TIAN RUIXIANGTIAN RUIXIANG(US:TIRX) Newsfilterยท2024-06-03 12:30

Core Points - TIAN RUIXIANG Holdings Ltd has regained compliance with Nasdaq's minimum bid price requirement, maintaining a closing bid price of $1.00 per share or greater for ten consecutive business days as of May 28, 2024 [1] - The company received an extension from Nasdaq until August 15, 2024, to comply with filing requirements after a deficiency notice due to a delay in filing its Annual Report on Form 20-F for the fiscal year ended October 31, 2023 [2] - The company is an insurance broker in China, distributing a variety of insurance products, including property and casualty insurance as well as life and health insurance [3]