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TJGC Group (Nasdaq: TJGC) warned by Nasdaq over $1 minimum bid price

Filing Impact
(Neutral)
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(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

TJGC Group Limited has received a Nasdaq notice that its ordinary shares failed to meet the $1.00 minimum bid price requirement for 30 consecutive business days under Nasdaq Listing Rule 5550(a)(2). The notification does not immediately delist the shares, which continue trading under the symbol TJGC.

The company has 180 calendar days, until September 22, 2026, to regain compliance by having a closing bid price of at least $1.00 for a minimum of ten consecutive business days. TJGC may qualify for an additional 180-day grace period and is evaluating options, including a potential reverse stock split, but there is no assurance it will regain or maintain compliance.

Positive

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Insights

Nasdaq bid-price deficiency puts TJGC’s listing status at risk.

TJGC Group Limited has fallen below Nasdaq’s $1.00 minimum bid price for 30 straight business days, triggering a formal noncompliance notice. While trading continues under the TJGC symbol, the company’s status on the Nasdaq Capital Market is now contingent on curing this deficiency.

The company has a 180-day compliance window, until September 22, 2026, to lift its closing bid price to at least $1.00 for ten consecutive business days. It may receive a second 180-day period if it meets other listing standards, including the market value of publicly held shares.

TJGC is evaluating options such as a possible reverse stock split, which must be completed at least ten business days before the end of any compliance period. Future company communications and filings will clarify whether it regains compliance or faces a potential delisting process.

Minimum bid price threshold $1.00 per share Nasdaq Listing Rule 5550(a)(2) requirement
Noncompliance period 30 consecutive business days Closing bid price below $1.00 trigger for notice
Initial compliance window 180 calendar days From notice to September 22, 2026
Potential extended window Additional 180 days If other Nasdaq Capital Market standards are met
Trading symbol TJGC Shares continue trading despite deficiency notice
Reverse split timing 10 business days before period end Latest date to complete any reverse stock split
minimum bid price requirement financial
"the minimum bid price per share of its ordinary shares was below $1.00 for a period of 30 consecutive business days"
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.
Nasdaq Listing Rule 5550(a)(2) regulatory
"did not meet the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2)"
Nasdaq Listing Rule 5810(c)(3)(A) regulatory
"Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company has a compliance period of one hundred eighty (180) calendar days"
reverse stock split financial
"including by effecting a reverse stock split, if necessary"
A reverse stock split is when a company reduces the number of its shares outstanding, making each share more valuable. For example, if you own 100 shares worth $1 each, a 1-for-10 reverse split would turn your 100 shares into 10 shares worth $10 each. Companies often do this to boost their stock price and appear more stable to investors.
market value of publicly held shares financial
"required to meet the continued listing requirement for market value of publicly held shares and all other initial listing standards"
The market value of publicly held shares is the total dollar worth of a company’s shares that are available to outside investors, calculated by multiplying the current market price by the number of shares held by the public (the “float”). It matters because it tells investors how much of the company is actually tradable and how the market is pricing that tradable portion—like a price tag on the items on a store shelf, it affects liquidity, volatility and how easy it is to buy or sell a meaningful stake.
forward-looking statements regulatory
"may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

 

Form 6-K

 

 

 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of March 2026.

 

Commission File Number 001-42483

 

TJGC GROUP LIMITED

(Translation of registrant’s name into English)

 

Unit F, 12/F

Kaiser Estate

Phase 1

41 Man Yue Street

Hunghom, Kowloon, Hong Kong

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F Form 40-F

 

 

 

 

 

 

INFORMATION CONTAINED IN THIS REPORT ON FORM 6-K

 

Nasdaq Minimum Bid Price Deficiency Letter

 

TJGC Group Limited (the “Company”) received a notice dated March 26, 2026, from the Listings Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that the minimum bid price per share of its ordinary shares was below $1.00 for a period of 30 consecutive business days and that the Company did not meet the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Rule”). The Nasdaq notification letter does not result in the immediate delisting of the Company’s ordinary shares, and the shares will continue to trade uninterrupted under the symbol “TJGC.”

 

Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company has a compliance period of one hundred eighty (180) calendar days, or until September 22, 2026 (the “Compliance Period”), to regain compliance with Nasdaq’s minimum bid price requirement. If at any time during the Compliance Period, the closing bid price per share of the Company’s ordinary shares is at least $1.00 for a minimum of ten (10) consecutive business days, Nasdaq will provide the Company a written confirmation of compliance and the matter will be closed.

 

In the event the Company does not regain compliance by September 22, 2026, the Company may be eligible for an additional 180 calendar day grace period. To qualify, the Company will be required to meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for the Nasdaq Capital Market, with the exception of the bid price requirement, and will need to provide written notice of its intention to cure the deficiency during the second compliance period, including by effecting a reverse stock split, if necessary. If the Company chooses to implement a reverse stock split, it must complete the split no later than ten (10) business days prior to September 22, 2026, or the expiration of the second compliance period if granted.

 

The Company is currently evaluating options to regain compliance and intends to timely regain compliance with Nasdaq’s continued listing requirement. There can be no assurance that the Company will be able to satisfy the Nasdaq’s continued listing requirements, regain compliance with the Minimum Bid Price Rule, and maintain compliance with other Nasdaq listing requirements.

 

This information is being provided solely to comply with NASDAQ Listing Rules requiring public announcement of the Company’s receipt of the letter from NASDAQ.

 

On March 30, 2026, the Company issued a press release entitled “TJGC Group Announces Receipt of Nasdaq Notification Letter Regarding Minimum Bid Price Deficiency” A copy of the press release is furnished herewith as Exhibit 99.1 and is incorporated herein by reference

 

EXHIBIT INDEX

 

Exhibit No.   Description
99.1   Press Release dated March 30, 2026

 

1

 

 

SIGNATURES

 

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

 

Date: March 30, 2026 TJGC Group Limited
   
  By: /s/Guo Bin
  Name:  Guo Bin
  Title:   Chief Executive Officer

 

2

 

Exhibit 99.1

 

TJGC Group Announces Receipt of Nasdaq Notification Letter

Regarding Minimum Bid Price Deficiency

 

Hong Kong, March 30, 2026 (GLOBE NEWSWIRE) -- TJGC Group Limited (Nasdaq: TJGC) ("TJGC" or the “Company”),an integrated marketing and advertising services provider in Hong Kong, today announced it has received a letter of noncompliance from The Nasdaq Stock Market LLC ("Nasdaq”), dated March 26 ,2026, notifying the Company that based on TJGC's closing bid price for the last 30 consecutive business days, the Company no longer meets the continued listing requirement of Nasdaq, under Nasdaq Listing Rules 5550(a)(2),to maintain a minimum bid price of $1 per share.

 

However, pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company has a compliance period of 180 calendar days in which to regain compliance. If at any time during this 180-day period the closing bid price of the Company's security is at least $1 for a minimum of ten consecutive business days, Nasdaq will provide TJGC with written confirmation of compliance and this matter will be closed.

 

In the event the Company does not regain compliance, TJGC may be eligible for additional time. To qualify, the Company will be required to meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for The Nasdaq Capital Market, with the exception of the bid price requirement, and will need to provide written notice of its intention to cure the deficiency during the second compliance period, by effecting a reverse stock split, if necessary. If TJGC meets these requirements, Nasdaq will inform the Company that it has been granted an additional 180 calendar days. However, if it appears to Nasdaq that the Company will not be able to cure the deficiency, or if the Company is otherwise not eligible, Nasdaq will provide notice that its securities will be subject to delisting.

 

The Nasdaq notification letter does not result in the immediate delisting of the Company's ordinary shares, and the shares will continue to trade uninterrupted under the symbol “TJGC.”

 

The company is currently evaluating options to regain compliance and intends to timely regain compliance with Nasdaq's continued listing requirement. Although TJGC will use all reasonable efforts to achieve compliance with Rule 5550(a)(2), there can be no assurance that the Company will be able to regain compliance with that rule or will otherwise be in compliance with other Nasdaq continued listing requirement.

 

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

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TJGC Group Limited

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