TJGC Group Limited Announces Resumption of Trading on Nasdaq

Rhea-AI Summary

TJGC Group (Nasdaq:TJGC) announced that trading in its ordinary shares will resume on Nasdaq at a time after 10:00 a.m. ET on June 3, 2026, following a halt imposed May 15, 2026.

The halt related to Nasdaq information requests on recent trading and the April 16, 2026 follow-on offering. Nasdaq staff, having reviewed TJGC’s written responses and details of a 1-for-3 reverse stock split disclosed on May 21, 2026, advised it has no further questions. According to the company, it sees no undisclosed corporate event behind the recent price and volume increase, which it links to publicly available information on the follow-on offering and SEC effectiveness. The reverse split was initiated after a March 26, 2026 minimum bid price deficiency notice and was intended to support lasting compliance with Nasdaq’s bid requirement.

Positive

• Nasdaq trading to resume after 10:00 a.m. ET on June 3, 2026
• Nasdaq staff reports having no further questions after company responses
• Company completed 1-for-3 reverse stock split to support bid price compliance
• Company reports no undisclosed corporate developments tied to recent trading

Negative

• Nasdaq trading halt in TJGC shares began May 15, 2026
• Company received Nasdaq minimum bid price deficiency letter on March 26, 2026

News Market Reaction – TJGC

-7.00% 7.0x vol

15 alerts

-7.00% Session close to close

+200.9% Peak in 1 hr 11 min

$71.41M Market Cap

7.0x Rel. Volume

In the Jun 3 session, TJGC declined 7.00%, reflecting a notable negative market reaction. Argus tracked a peak move of +200.9% during that session. Our momentum scanner triggered 15 alerts that day, indicating notable trading interest and price volatility. Trading volume was exceptionally heavy at 7.0x the daily average, suggesting significant selling pressure.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock moved -7.0% in the session following this news. A negative reaction despite trading resump...

Analysis

The stock moved -7.0% in the session following this news. A negative reaction despite trading resumption would fit a pattern where investors reassessed regulatory and listing risks, even as the company clarified events. The stock had traded below its $3.14 200-day MA, and past news around a bid-price deficiency, despite a +4.04% move then, still underscored compliance pressure. With a float of only 1,350,000 shares, liquidity constraints could have amplified any downside move following the halt resolution.

Key Figures

Current price: $2.19 Today’s volume: 1,097,066 shares Reverse stock split ratio: 1-for-3 +5 more

8 metrics

Current price $2.19 TJGC pre-news market context

Today’s volume 1,097,066 shares Versus 20-day average volume of 256,806 shares

Reverse stock split ratio 1-for-3 Reverse Stock Split of ordinary shares

Minimum bid price $1.00 Nasdaq Listing Rule 5550(a)(2) requirement

Compliance period 180 calendar days Window to regain $1 closing bid per Nasdaq notice

Prior news reaction +4.04% 24h move after Mar 30, 2026 Nasdaq notice

Short interest 4.66% Pre-news short interest as share of float

Float 1,350,000 shares Shares in public float per risk context

Historical Context

1 past event · Latest: Mar 30 (Negative)

Pattern 1 events

Date	Event	Sentiment	24h Move	Catalyst
Mar 30	Nasdaq bid deficiency	Negative	+4.0%	Disclosure of Nasdaq minimum bid price deficiency and 180-day cure period.

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

Pattern Detected

On the prior Nasdaq compliance notice, shares rose despite negative regulatory news, showing a divergence between headline tone and price reaction.

Recent Company History

On Mar 30, 2026, TJGC disclosed a Nasdaq notice dated Mar 26, 2026 for failing the $1 minimum bid price requirement after 30 consecutive business days under Rule 5550(a)(2). The company received a 180-day window to regain compliance. That disclosure saw a +4.04% move, suggesting investors previously reacted constructively to listing-compliance communications, which is relevant to today’s update on the halt resolution and reverse split rationale.

Key Terms

follow-on offering, reverse stock split, form 6-k, registration statement, +3 more

7 terms

follow-on offering financial

"the Company's registered follow-on offering that closed on April 16, 2026"

A follow-on offering is when a company sells additional shares to the public after its initial stock listing to raise more cash. For investors it matters because the new shares increase the total number of shares outstanding, which can reduce each existing shareholder’s ownership share and earnings per share—similar to baking more loaves of bread after the first batch, which means each slice represents a slightly smaller piece of the whole; the funds raised can also support growth or pay debt.

reverse stock split financial

"announcing the 1-for-3 reverse stock 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.

form 6-k regulatory

"After the Company furnished its Report on Form 6-K dated May 21, 2026"

A Form 6-K is a report that companies listed in certain countries file to provide important updates, such as financial results, corporate changes, or other significant information, to regulators and investors. It functions like an official company update or news release, helping investors stay informed about developments that could affect their investment decisions.

registration statement regulatory

"the SEC's declaration of effectiveness of the Company's registration statement on Form F-1"

A registration statement is a formal document that companies file with a government agency to offer new shares of stock to the public. It provides essential information about the company's finances, operations, and risks, helping investors make informed decisions. Think of it as a detailed product description that ensures transparency and trust before buying into a company.

form f-1 regulatory

"declaration of effectiveness of the Company's registration statement on Form F-1"

A Form F-1 is the document a non-U.S. company files with U.S. regulators when it wants to sell stock or other securities to U.S. investors. It lays out the company’s business, finances, risks and how the offering will work, acting like a product manual and ingredient list so investors can judge what they’re buying. For investors, it’s a key source of verified information used to compare opportunities and assess potential reward and risk.

nasdaq listing rule 5250(a) regulatory

"imposed by the Nasdaq Listing Qualifications Department under Nasdaq Listing Rule 5250(a)"

Nasdaq Listing Rule 5250(a) requires companies listed on the Nasdaq exchange to file required public reports with the U.S. securities regulator on time and to promptly tell Nasdaq if they miss a deadline. For investors, this rule matters because timely filings are the main way to get up-to-date, standardized information about a company’s finances and operations; missing filings can signal disclosure problems and may lead to warnings or removal from the exchange, increasing investment risk.

minimum bid price financial

"in response to a minimum bid price deficiency letter received by the Company"

The minimum bid price is the lowest share price that a market, regulator, or specific offering will accept for a trade, listing, or auction—think of it as a reserve or floor that a stock must meet to qualify for certain actions. It matters to investors because falling below that floor can limit trading options, trigger compliance measures or delisting risks, and affect liquidity and the perceived value of a holding, much like a reserve price in an auction sets the baseline for a sale.

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

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HONG KONG, June 03, 2026 (GLOBE NEWSWIRE) -- TJGC Group Limited (Nasdaq: TJGC) (the "Company") today announced that The Nasdaq Stock Market LLC ("Nasdaq") has advised the Company that trading in its ordinary shares, which was halted on May 15, 2026 under halt code "T12 — Additional Information Requested by Nasdaq," will resume at certain time after 10:00 a.m. Eastern Time on June 3, 2026.

The halt was imposed by the Nasdaq Listing Qualifications Department (the "Staff") under Nasdaq Listing Rule 5250(a) pending the Company's response to information requests relating to recent trading activity in the Company's ordinary shares and to the Company's registered follow-on offering that closed on April 16, 2026 (the "Follow-On Offering"). The Company submitted written responses to the Staff on May 18, 2026 and May 19, 2026. After the Company furnished its Report on Form 6-K dated May 21, 2026 announcing the 1-for-3 reverse stock split of its ordinary shares (the "Reverse Stock Split"), the Staff issued a further information request, to which the Company responded on May 26, 2026. Following its review of the Company's responses, the Staff has advised the Company that it has no further questions at this time.

Recent trading activity and the Follow-On Offering. Based on its internal review, the Company is not aware of any undisclosed corporate development, material non-public information, or other Company-specific event that would explain the recent trading activity in its ordinary shares. The Company believes the increase in price and volume that began on or around April 15, 2026 most likely reflects publicly available information regarding the Follow-On Offering, including the U.S. Securities and Exchange Commission's declaration of effectiveness of the Company's registration statement on Form F-1 and the Company's announcement of the entry into related securities purchase agreement and closing of the Follow-on Offering.

Rationale for the Reverse Stock Split. The Reverse Stock Split was initiated in response to a minimum bid price deficiency letter received by the Company from the Staff on March 26, 2026 under Nasdaq Listing Rule 5550(a)(2), and its implementation timetable was prepared by U.S. counsel independently of, and unrelated to, the Follow-On Offering or the subsequent trading activity in the Company's ordinary shares. Although the trading price of the ordinary shares had risen above US$1.00 by the time the Reverse Stock Split was finalized, the Company's board of directors determined to proceed with the Reverse Stock Split in order to provide durable compliance with the minimum bid price requirement, and to avoid the costs and disruption of having to recommence the same action in the future.

About TJGC Group Limited

TJGC Group Limited, through its subsidiary, Ctrl Media Limited provides integrated marketing and advertising services in Hong Kong. The company offers services to mobile game developers, principally developers of mobile gaming applications that gamers download from the developers’ websites and applicable mobile operating systems, such as Apple Store or Android Google Play Store. It also uses digital media, such as online social media platforms, websites, and search engines over the Internet to broadcast the advertising campaigns. In addition, the company undertakes contracts with YouTuber, KOL, and local celebrities to film introductory gaming videos for broadcast in their personal blogs and social media platforms; offers physical media, including podium platforms with transportation terminals and public venues to broadcast advertising campaigns; and assists clients to plan and prepare their exhibition booths in the animation-comic-game and other offline marketing events. The company was formerly known as Ctrl Group Limited and change its name to TJGC Group Limited in November 2025. TJGC Group Limited was incorporated in 2022 and is based in Hung Hom, Hong Kong.

Forward Looking-Statements

Certain statements contained in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995.These statements include, but are not limited to, statements relating to the expected trading commencement and closing dates. The words “anticipate,""believe,""continue,""could,""estimate,"“expect,""intend,""may,""plan,"“potential,”“predict,""project,""should,” "target," "will," “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: the uncertainties related to market conditions and other factors discussed in the “Risk Factors” section of the final prospectus filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Any forward-looking statements contained in this press release speak only as of the date hereof, and TJGC specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law.

For more information, please contact:

Investor Relations

Ctrl Media Limited

Phone: +852-3107-4887

Email: project@ctrl-media.com

FAQ

When will trading in TJGC stock resume on Nasdaq after the 2026 halt?

Trading in TJGC ordinary shares will resume at a time after 10:00 a.m. Eastern Time on June 3, 2026. According to the company, this follows Nasdaq’s review of its responses to information requests about trading activity and a recent follow-on offering.

Why was TJGC (Nasdaq:TJGC) stock halted on May 15, 2026?

TJGC shares were halted on May 15, 2026 under halt code T12 for additional information requested by Nasdaq. According to the company, Nasdaq sought details about recent trading activity and the registered follow-on offering that closed on April 16, 2026.

What did Nasdaq conclude after reviewing TJGC’s responses about recent trading activity?

Nasdaq’s Listing Qualifications staff advised TJGC that it has no further questions at this time. According to the company, this followed written responses submitted on May 18, 19, and 26, 2026 and disclosure of its 1-for-3 reverse stock split on Form 6-K.

What is the reason for TJGC’s 1-for-3 reverse stock split in 2026?

TJGC’s 1-for-3 reverse stock split was initiated after a minimum bid price deficiency letter on March 26, 2026. According to the company, its board proceeded to help ensure durable compliance with Nasdaq’s US$1.00 minimum bid requirement and avoid repeating the process later.

How does TJGC explain the April 2026 price and volume spike in its shares?

TJGC believes the trading increase from around April 15, 2026 reflects publicly available information on its follow-on offering. According to the company, this includes SEC effectiveness of its Form F-1 and announcements of the securities purchase agreement and offering closing.

Did TJGC identify any undisclosed events behind the unusual 2026 trading in its stock?

TJGC reports it is not aware of undisclosed corporate developments or material non-public information explaining recent trading activity. According to the company, its internal review did not find company-specific events beyond public details of the April 16, 2026 follow-on offering.

Was TJGC’s 2026 reverse stock split related to its follow-on offering?

TJGC states the reverse stock split timetable was prepared independently of its April 16, 2026 follow-on offering and subsequent trading activity. According to the company, the action was instead driven by Nasdaq’s March 26, 2026 minimum bid price deficiency notice.