TryHard Holdings Limited Regains Compliance with Nasdaq Minimum Bid Price Requirement
TryHard Holdings (Nasdaq: THH) announced it has regained compliance with Nasdaq’s minimum bid price requirement under Listing Rule 5550(a)(2), following a Nasdaq notification letter dated August 28, 2026.
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Rhea-AI Summary
TryHard Holdings (Nasdaq: THH) announced it has regained compliance with Nasdaq’s minimum bid price requirement under Listing Rule 5550(a)(2), following a Nasdaq notification letter dated August 28, 2026.
The company previously received a deficiency notice on March 11, 2026, and subsequently implemented a 10-for-1 reverse stock split of its ordinary shares, approved by shareholders and the board on July 6, 2026 and made effective on August 10, 2026 on the Nasdaq Capital Market. Nasdaq determined that from August 14–27, 2026, TryHard’s closing bid price met or exceeded $1.00 for 10 consecutive business days, and confirmed the compliance matter is now closed.
Positive
- Regained Nasdaq minimum bid price compliance on August 28, 2026
- 10-for-1 reverse stock split effective August 10, 2026 on Nasdaq Capital Market
- Closing bid at or above $1.00 for 10 consecutive business days (Aug 14–27, 2026)
- Nasdaq confirmed Listing Rule 5550(a)(2) deficiency matter is closed
Negative
- Previously received Nasdaq bid price deficiency notice on March 11, 2026 for trading below $1.00
News Explained
The 10-for-1 reverse stock split, effective
Details
Market move: THH +3.90% in the Aug 31 session. Nasdaq listing compliance
On Aug 31, the day this news came out, THH closed 3.90% above the previous close. Argus tracked a peak move of +3.7% during that session. Our momentum scanner recorded 4 alerts for this stock that day. Relative volume reached 3.1x the daily average during tracking.
Data tracked by StockTitan Argus for the Aug 31 session.
Key Figures
- Minimum bid price
- $1.00 per share
- Nasdaq Listing Rule 5550(a)(2) requirement
- Prior deficiency period
- 30 consecutive business days
- Period below Nasdaq’s minimum bid price requirement
- Reverse stock split
- 10-for-1
- Approved by shareholders and the Board on July 6, 2026
- Split effective date
- August 10, 2026
- Nasdaq Capital Market effective date
- Compliance test period
- 10 consecutive business days
- August 14, 2026 to August 27, 2026
- Compliance status
- August 28, 2026
- Nasdaq confirmed compliance and closed the matter
Historical Context
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MOU connected TryHard’s event platform with drone technology and local implementation expertise.
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Company delivered a record-setting 4,000-drone light show at a Japanese festival.
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TryHard Japan produced a festival that drew about 13,000 attendees with digital engagement gains.
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Company scheduled shareholder voting on a proposed 10-for-1 share consolidation.
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TryHard expanded nationwide cultural programming with strategic support from SBI Holdings.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
reverse stock split financial
minimum bid price requirement regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
OSAKA, Japan, Aug. 31, 2026 (GLOBE NEWSWIRE) -- TryHard Holdings Limited (“TryHard” or the “Company”) (Nasdaq: THH), a lifestyle entertainment platform in Japan, today announced that it received a notification letter from The Nasdaq Stock Market LLC ("Nasdaq") dated August 28, 2026, notifying the Company has regained compliance with Nasdaq’s minimum bid price requirement under Listing Rule 5550(a)(2).
Previously on March 11, 2026, the Company was notified by Nasdaq that its Ordinary Shares failed to maintain a minimum bid price of
On August 28, 2026, Nasdaq determined that for the 10 consecutive business days, from August 14, 2026 to August 27, 2026, the closing bid price of the Company’s Ordinary Shares has been at
Rakuyo Otsuki, Chief Executive Officer of TryHard, commented, “We are pleased to have received the notification of regaining compliance with Nasdaq’s minimum bid price requirement. Moving forward, TryHard is dedicated to executing its core business objectives, driving operational excellence, and pursuing strategic collaborations to unlock business opportunities that build intrinsic value and ultimately reflect in our market valuation.”
About TryHard Holdings Limited
TryHard Holdings Limited is a lifestyle entertainment company in Japan with operations spanning nightclub management, event production and consulting, subleasing and entertainment venue management.
Through its wholly owned subsidiary, TryHard Japan Co., Ltd., the Company plans, produces and operates large-scale music festivals, live entertainment events and cultural programs across Japan. The Company continues to expand its entertainment platform through differentiated content, strategic collaborations and technology-driven audience experiences.
IR Contact:
HBK Strategy Limited
ir@hbkstrategy.com
+852 2156 0223
Disclaimer
Safe Harbor Statement
This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident,” “potential,” “continue,” or other similar expressions. Among other things, business outlook discussed in this press release, as well as TryHard’s statements regarding estimates and forecasts of other performance metrics and projections of market opportunity. TryHard may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in its interim and annual reports to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including but not limited to statements about TryHard’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: TryHard’s goals and strategies; TryHard’s future business development, financial conditions, and results of operations; the expected outlook of the lifestyle entertainment business in Japan; TryHard’s expectations regarding demand for and market acceptance of its entertainment offerings and services; TryHard’s expectations regarding its relationships with its customers and other stakeholders; competition in TryHard’s industry; and relevant government policies and regulations relating to TryHard’s industry, and general economic and business conditions in Japan and assumptions underlying or related to any of the foregoing. All information provided in this announcement and in the attachments is as of the date of the announcement, and the Company undertakes no duty to update such information, except as required under applicable law.
Investors are advised to refer to the Company’s filings made with the U.S. Securities and Exchange Commission when making investment decisions, which are available for review at www.sec.gov.
This release does not constitute an offer to sell or solicit an offer to buy any securities, nor does it represent a public offering under Financial Instruments and Exchange Act of Japan.
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