STOCK TITAN

Nasdaq sends Triller Group (NASDAQ: ILLR) Minimum Bid Price delisting notice

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Triller Group Inc. reported receiving a Nasdaq Staff Delisting Determination letter for not meeting the Nasdaq Minimum Bid Price Requirement under Listing Rule 5550(a)(2) as of December 29, 2025. The company had previously received a deficiency notice on June 30, 2025 after its shares closed below $1 per share for 30 consecutive business days and did not regain compliance within the 180-day cure period ending December 29, 2025.

The letter does not immediately delist the stock or specify a suspension date. Triller plans to respond to a Nasdaq Hearings Panel on April 24, 2026, requesting a new exception period under Listing Rule 5815(c)(1)(A) and outlining its plan to regain compliance. The filing notes there can be no assurance the company will succeed in restoring compliance.

Positive

  • None.

Negative

  • Nasdaq issued a Staff Delisting Determination based on Triller Group Inc.'s failure to meet the $1 Minimum Bid Price Requirement by December 29, 2025, creating a significant ongoing listing risk.

Insights

Nasdaq bid-price noncompliance now escalated to a formal delisting risk.

Triller Group Inc. confirms it has a Nasdaq Staff Delisting Determination tied to failing the $1 Minimum Bid Price Requirement by December 29, 2025. This follows an earlier 180-day cure window that expired without the stock closing at or above $1 for at least 10 consecutive business days.

The letter does not trigger immediate delisting, but it moves the issue into a more serious procedural phase. The company intends to ask a Nasdaq Hearings Panel on April 24, 2026 for a new exception period under Listing Rule 5815(c)(1)(A) and to present a compliance plan. Actual outcomes will depend on the panel’s decision and the company’s ability to lift its bid price.

Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing Securities
The company received a delisting notice or transferred its listing to a different exchange.
Minimum Bid Price Requirement $1 per share Required closing bid to maintain Nasdaq compliance
Cure period length 180 calendar days Initial bid-price cure period ending December 29, 2025
Compliance observation window 10–20 business days Consecutive days Nasdaq may monitor for $1 bid-price compliance
Key noncompliance date December 29, 2025 Date company remained below $1 and lost eligibility for an additional 180 days
Hearing response date April 24, 2026 Planned date to submit response and request new exception period
Prior trading suspension period start December 30, 2025 Start of Nasdaq trading suspension for periodic filing noncompliance
Prior trading resumption date April 15, 2026 Trading resumed after regaining compliance with Periodic Filing Rule
Minimum Bid Price Requirement financial
"non-compliance with Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Requirement”)"
A minimum bid price requirement is a rule that a stock must trade above a set price for a specified period to stay listed on an exchange. It matters to investors because falling below that threshold can trigger warnings or removal from the exchange, which can cut liquidity, reduce visibility, and often lead to sharper declines in share value—think of it like a venue’s minimum dress code that, if not met, can bar a performer from the stage.
Staff Delisting Determination letter regulatory
"Staff did not issue a delisting determination letter immediately after the Company’s common stock closed"
Nasdaq Listing Rule 5810(c)(3)(A) regulatory
"in accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company had been provided a period of 180 calendar days"
Nasdaq Hearings Panel regulatory
"the Company will submit its response to the Nasdaq Hearings Panel on April 24, 2026"
A Nasdaq hearings panel is a group of experts that reviews cases when a company's stock listing is at risk of being removed from the exchange. They evaluate whether the company has met certain standards and determine if it can keep trading on Nasdaq. This process matters to investors because it can affect a company's ability to raise money and maintain credibility in the market.
Nasdaq Stock Market Listing and Hearing Review Council regulatory
"the Nasdaq Stock Market Listing and Hearing Review Council (the “Listing Council”) issued a decision"
Periodic Filing Rule regulatory
"for non-compliance with Nasdaq Listing Rule 5250(c)(1) (the “Periodic Filing Rule”)"
A periodic filing rule is a regulatory requirement that publicly traded companies deliver regular financial and operational reports—typically quarterly and annually—to securities regulators and the public. These routine updates act like a company’s report card or regular vehicle inspection, giving investors timely, standardized information about revenue, expenses, cash flow and risks so they can monitor performance, compare peers and make informed buy-or-sell decisions.
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UNITED STATES 

SECURITIES AND EXCHANGE COMMISSION 

Washington, D.C. 20549

 

Form 8-K

 

Current Report 

Pursuant to Section 13 or 15(d) of the 

Securities Exchange Act of 1934

 

April 23, 2026 

Date of Report (Date of earliest event reported)

 

TRILLER GROUP INC. 

(Exact Name of Registrant as Specified in its Charter)

 

Delaware   001-38909   33-1473901
(State or other jurisdiction   (Commission File Number)   (I.R.S. Employer
of incorporation)       Identification No.)

 

7119 West Sunset Boulevard, Suite 782    
Los Angeles, CA   90046
(Address of Principal Executive Offices)   (Zip Code)

 

Registrant’s telephone number, including area code: (310) 893-5090

 

N/A 

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock, $0.001 par value   ILLR   NASDAQ Capital Market
Warrants, each warrant exercisable for one-quarter of one share of Common Stock for $23.00 per full share   ILLRW   NASDAQ Capital Market

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 

 

 

 

 

Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard

 

As previously disclosed, on March 24, 2026, pursuant to an appeal by Triller Group Inc. (the “Company”), the Nasdaq Stock Market Listing and Hearing Review Council (the “Listing Council”) issued a decision (the “Listing Council Decision”) to modify a previous December 26, 2025 decision by a Nasdaq Hearings Panel to delist the securities of the Company and suspend trading of the Company’s shares, effective at the opening of trading on December 30, 2025, for non-compliance with Nasdaq Listing Rule 5250(c)(1) (the “Periodic Filing Rule”). Pursuant to the December 26, 2025 Hearings Panel decision, trading of the Company’s securities on the Nasdaq Capital Market was suspended from December 30, 2025 to April 15, 2026—the day after the Company satisfied the conditions of the Listing Council Decision to resume trading by demonstrating its current compliance with the Periodic Filing Rule by filing with the Securities and Exchange Commission the Company’s Annual Report on Form 10-K for the year-ended December 31, 2025.

 

On April 17, 2026, the Company received a delisting determination letter (the “Determination Letter”) from the Listing Qualifications Staff (the “Staff”) of the Nasdaq Stock Market LLC (“Nasdaq”) based on the Company’s non-compliance with Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Requirement”) as of December 29, 2025. The Delisting Letter does not result in the immediate delisting of the Company’s common stock from Nasdaq or state a date on which Staff intends a delisting or suspension to occur.

 

As previously disclosed, on June 30, 2025, the Company received a letter (the “Deficiency Notice”) from the Staff notifying the Company that, based on the closing bid price of the Company’s common stock for the prior 30 consecutive business days, the Company no longer met the Minimum Bid Price Requirement. The Deficiency Notice further notified the Company that, in accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company had been provided a period of 180 calendar days, or until December 29, 2025, in which to regain Minimum Bid Price Requirement compliance by maintaining a closing bid price of the Company’s common stock of at least $1 per share for at least 10 consecutive business days during this 180-day period (Staff has the discretion to monitor the bid price for period up to 20 business days, but generally not more than 20 business days). The Company did not regain compliance during that period, and its common stock did not close at a bid price of at least $1 per share on December 29, 2025, rendering the Company ineligible for an additional 180-day period in which to regain compliance.

 

Nasdaq Listing Rule 5810(c)(3) provides that: “If the Company does not regain compliance within the specified cure or compliance period, [then] the Listing Qualifications Department will immediately issue a Staff Delisting Determination letter.” Staff did not issue a delisting determination letter immediately after the Company’s common stock closed at a bid price below $1 per share on December 29, 2025.

 

Under Nasdaq Listing Rule 5810(d), Staff issued the Determination Letter as an additional deficiency notification and notified the Listing Council. Staff issued the Determination Letter while Staff’s April 6, 2026 request “seeking guidance” from the Listing Council relating to bid price compliance was pending before the Listing Council and prior to the resumption of trading of the Company’s securities on April 17, 2026. On April 20, 2026, the Company filed with the Listing Council the Company’s response to Staff’s request “seeking guidance.” On April 21, 2026, the Listing Council, after reviewing the Staff’s and the Company’s submissions, notified Staff and the Company that:

 

1.The Council believed that it is up to the Hearings Panel to adjudicate the Company’s Bid Price Rule noncompliance. Therefore, the Council remanded this matter to the Hearings Panel.

 

2.Considering the Council’s remand, Staff’s instruction to the Company to respond to Staff’s April 17 submission by making a submission by April 24 addressed to the Listing Council, should instead be construed as directing the Company to make a submission addressed to the Hearings Panel.

 

3.The Listing Council understands from Staff’s April 17 submission that it is the view of Staff that the Company “is ineligible for any further compliance or cure period” to come into compliance with the Bid Price Rule. Due to the unusual procedural history of this matter, if the Panel agrees with Staff’s view and issues a delisting decision without affording the Company more time to come into compliance with the Bid Price Rule, then the Listing Council will call the matter for review and stay such Hearings Panel delisting decision.

 

The Company will submit its response to the Nasdaq Hearings Panel on April 24, 2026. The Company’s request will include a request for a new exception period, pursuant to Nasdaq Listing Rule 5815(c)(1)(A), to regain compliance with the Minimum Bid Price Requirement. The Company also will inform the Nasdaq Hearings Panel of its plan to demonstrate its ability to regain compliance with the Minimum Bid Price Requirement. There can be no assurance that the Company will be able to regain compliance with the Minimum Bid Price Requirement.

 

1

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  TRILLER GROUP INC.
   
  By: /s/ Shu Pei Huang, Desmond
    Name: Shu Pei Huang, Desmond
    Title: Acting Chief Financial Officer

 

Dated: April 24, 2026

 

2

FAQ

What Nasdaq issue does Triller Group Inc. (ILLR) report in this 8-K?

Triller Group Inc. reports receiving a Nasdaq Staff Delisting Determination for failing to meet the Minimum Bid Price Requirement under Listing Rule 5550(a)(2). The company’s stock did not maintain a $1 closing bid for the required period ending December 29, 2025.

What is Nasdaq’s Minimum Bid Price Requirement affecting Triller Group (ILLR)?

Nasdaq’s Minimum Bid Price Requirement requires a closing bid of at least $1 per share. Triller Group’s stock stayed below $1 for 30 consecutive business days, then did not achieve at least $1 for 10 consecutive business days during its 180-day cure period ending December 29, 2025.

Does the Nasdaq delisting letter immediately remove Triller Group (ILLR) from trading?

No, the Staff Delisting Determination does not immediately delist Triller Group’s stock or set a specific delisting date. It formally notifies the company of noncompliance and starts a process that can involve hearings and potential exception periods before any delisting occurs.

How is Triller Group Inc. (ILLR) responding to Nasdaq’s delisting determination?

Triller Group plans to submit a response to a Nasdaq Hearings Panel on April 24, 2026. The company will request a new exception period under Listing Rule 5815(c)(1)(A) and describe its plan to regain compliance with the $1 Minimum Bid Price Requirement.

What other Nasdaq compliance issue did Triller Group (ILLR) recently address?

Triller Group previously faced noncompliance with Nasdaq’s Periodic Filing Rule 5250(c)(1). Trading in its securities was suspended from December 30, 2025 to April 15, 2026, and resumed after the company filed its Form 10-K for the year ended December 31, 2025, restoring periodic filing compliance.

Is there any assurance Triller Group (ILLR) will regain Nasdaq bid-price compliance?

The filing explicitly states there can be no assurance that Triller Group will regain compliance with the Minimum Bid Price Requirement. Future Nasdaq panel decisions and the company’s ability to sustain a $1 bid price will determine the eventual listing outcome.

Filing Exhibits & Attachments

4 documents