TIAN RUIXIANG Holdings Ltd. Announces Receipt of Nasdaq Suspension and Delisting Notification

TIAN RUIXIANG Holdings (Nasdaq:TIRX) received a Nasdaq notice after its shares closed at $0.10 or less for ten consecutive trading days as of February 27, 2026.

Rhea-AI Summary

TIAN RUIXIANG Holdings (Nasdaq:TIRX) received a Nasdaq notice after its shares closed at $0.10 or less for ten consecutive trading days as of February 27, 2026. Nasdaq determined this triggers Listing Rule 5810(c)(3)(A)(iii) and an additional basis for delisting.

Trading will be suspended at market open on March 5, 2026, a Form 25-NSE will be filed to remove listing/registration, and the Nasdaq Hearings Panel will consider the Company’s continued listing. The Company may submit written views by March 10, 2026 and is pursuing an appeal and a 1-for-50 reverse stock split to address capitalization concerns, but outcomes are not guaranteed.

Positive

• Company can submit written appeal by March 10, 2026
• Implementing a 1-for-50 reverse split to remedy low price

Negative

• Trading suspended at open on March 5, 2026
• Shares closed at $0.10 or less for ten consecutive days
• Nasdaq to file Form 25-NSE to remove listing and registration

Argus Mar 4 session

-48.64% close to close Open Argus

Details

News Market Reaction – TIRX

On Mar 4, the day this news came out, TIRX closed 48.64% below the previous close.

Data tracked by StockTitan Argus for the Mar 4 session.

Key Figures

Low-priced threshold: $0.10 closing bid Low-price duration: 10 consecutive trading days Trading suspension date: March 5, 2026 +5 more

Low-priced threshold

$0.10 closing bid

Nasdaq low-priced stocks rule trigger level

Low-price duration

10 consecutive trading days

Period with bid at or below $0.10

Trading suspension date

March 5, 2026

Nasdaq suspension of TIRX shares

Panel response deadline

March 10, 2026

Deadline to present views to Nasdaq Panel

Reverse split ratio

1-for-50

Ordinary share reverse stock split implementation

Current share price

$0.059

Price before Nasdaq suspension announcement

52-week high

$10.75

Pre-news trading range high

52-week low

$0.0416

Pre-news trading range low

Historical Context

5 past events · Latest: Mar 03

5 events

1. Mar 03

   Reverse split & deals

   24h Move

   +2.1%

   Announced 1:50 reverse split and due diligence on Bitcoin and AI brokerage deals.

2. Feb 27

   Reverse split timing

   24h Move

   -15.3%

   Set expected effective week for 1-for-50 reverse split on Nasdaq Capital Market.

3. Feb 26

   Expanded BTC plan

   24h Move

   +11.0%

   Increased planned Bitcoin injection to 30,000 BTC to bolster strategy and products.

4. Feb 23

   InsurTech talks & BTC

   24h Move

   +72.7%

   Advanced talks to combine with leading InsurTech and continue 15,000 BTC strategy.

5. Feb 18

   AGM & reverse split

   24h Move

   -18.8%

   Shareholders approved capital increase and authorized 1-for-50 reverse share split.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

form 25-nse, suspended at the opening of business, reverse stock split

3 terms

form 25-nse regulatory

"a Form 25-NSE will be filed with the Securities and Exchange Commission"

Form 25‑NSE is an official filing used to notify the stock exchange that a company’s securities are being removed from trading on that exchange, similar to handing in a key when a shop closes. Investors care because removal ends public trading on that venue, often cutting liquidity and making it harder to buy or sell shares, which can affect a stock’s price and how quickly investors can access cash or exit positions.

suspended at the opening of business regulatory

"trading of the Company’s shares will be suspended at the opening of business on March 5, 2026"

“Suspended at the opening of business” means trading in a security is blocked from beginning when the market opens, so buy and sell orders cannot be executed until regulators or the exchange lift the suspension. Investors are affected because they cannot adjust positions, creating uncertainty and the risk of a sharp price change when trading resumes—similar to a store locking its doors at opening due to an unexpected problem, forcing customers to wait and accept whatever happens when it reopens.

reverse stock split financial

"implementing the 1-for-50 reverse stock split (the “Reverse Split”) of its ordinary shares"

A reverse stock split reduces a company's number of outstanding shares while raising the price per share proportionally, so the total value of each investor's holding is unchanged; a 1-for-10 split turns 100 shares worth $1 each into 10 shares worth $10 each. Companies often do this to regain compliance with an exchange's minimum price rule or to attract investors who avoid very low-priced stocks.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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BEIJING, March 04, 2026 (GLOBE NEWSWIRE) -- TIAN RUIXIANG Holdings Ltd. (Nasdaq: TIRX) (the “Company” or “TRX”) today announced that it received notification from Nasdaq Staff which determined that as of February 27, 2026, the Company’s securities had a closing bid price of $0.10 or less for ten consecutive trading days. Accordingly, the Company is subject to the provisions contemplated under Listing Rule 5810(c)(3)(A)(iii) (the “Low Priced Stocks Rule”) and this matter serves as an additional basis for delisting the Company’s securities from The Nasdaq Stock Market.

Pursuant to Listing Rule 5815(a)(1)(B)(ii)(e), the Company’s securities will be delisted from the Capital Market. In that regard, trading of the Company’s shares will be suspended at the opening of business on March 5, 2026, and a Form 25-NSE will be filed with the Securities and Exchange Commission (the “SEC”), which will remove the Company’s securities from listing and registration on The Nasdaq Stock Market.

The Nasdaq Hearings Panel (the “Panel”) will consider this matter in their decision regarding the Company’s continued listing on The Nasdaq Capital Market. The Company is able to present its views with respect to this additional deficiency to the Panel in writing no later than March 10, 2026.

The Company is currently working together with its advisors to appeal for a stay of the suspension of trading of its securities on Nasdaq or reinstate such trading as soon as possible. The Company will submit its response to Nasdaq prior to the March 10, 2026 deadline. There is no guarantee that the Company will be able to stay such suspension or reinstate such trading, or that the Company’s shares will remain listed on Nasdaq. The Company is presently in the process of implementing the 1-for-50 reverse stock split (the “Reverse Split”) of its ordinary shares.

About TIAN RUIXIANG Holdings Ltd

TIAN RUIXIANG Holdings Ltd, headquartered in Beijing, China, is an insurance broker operating in China through its China-based variable interest entity. It distributes a wide range of insurance products, which are categorized into two major groups: (1) property and casualty insurance, such as commercial property insurance, liability insurance, accidental insurance, and automobile insurance; and (2) other types of insurance, such as health insurance, life insurance, and other miscellaneous insurance.

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements. These include statements regarding future plans, objectives, expectations and intentions, and involve known and unknown risks and uncertainties. Words such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “continue,” or similar expressions identify these statements. These forward-looking statements are based on current expectations and assumptions and are not guarantees of future performance; actual results may differ materially. TIAN RUIXIANG Holdings Ltd. undertakes no obligation to update these statements for subsequent events or circumstances, except as required by law.

For investor and media enquiries, please contact: 
TIAN RUIXIANG Holdings Ltd 
Investor Relations Department
Email: ir@tianrx.com

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Why did Nasdaq notify TIRX of suspension and potential delisting on March 4, 2026?

Because TIRX shares closed at $0.10 or less for ten consecutive trading days, triggering Nasdaq’s Low Priced Stocks Rule. According to the company, Nasdaq cited Listing Rule 5810(c)(3)(A)(iii) and listed delisting as an additional basis under Listing Rule 5815(a)(1)(B)(ii)(e).

When will trading of TIRX common shares be suspended on Nasdaq?

Trading will be suspended at the opening of business on March 5, 2026. According to the company, a Form 25-NSE will be filed to remove the company’s securities from Nasdaq listing and registration.

What deadlines does TIRX have to respond to Nasdaq and appeal the suspension?

The company may present written views to the Nasdaq Hearings Panel no later than March 10, 2026. According to the company, it is preparing a response and seeking a stay or reinstatement but outcome is uncertain.

How does the announced 1-for-50 reverse split affect TIRX shareholders?

The 1-for-50 reverse split consolidates every fifty ordinary shares into one share, reducing share count. According to the company, the Reverse Split is being implemented to address the low share price and comply with listing requirements.

Can TIRX regain Nasdaq listing after suspension and delisting notification?

Possibly, but not guaranteed; reinstatement depends on the Nasdaq Hearings Panel and corrective actions. According to the company, it is appealing for a stay and will submit its response prior to March 10, 2026.