Nasdaq confirms TJGC Group (NASDAQ: TJGC) back in bid price compliance
Rhea-AI Filing Summary
TJGC Group Limited has regained compliance with Nasdaq’s minimum bid price requirement. Nasdaq staff confirmed that from June 16, 2026 to June 30, 2026, the closing bid price of TJGC’s ordinary shares was at least $1.00 per share for 10 consecutive business days.
This resolves an earlier notice from March 26, 2026, when the bid price had stayed below $1.00 for 30 consecutive business days. Nasdaq now considers the matter closed, meaning TJGC currently meets Listing Rule 5550(a)(2) for continued listing.
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Key Figures
Key Terms
Minimum Bid Price Rule regulatory
Nasdaq Listing Rule 5550(a)(2) regulatory
foreign private issuer regulatory
Listings Qualifications Department regulatory
FAQ
What did TJGC (TJGC) announce in its July 2026 Form 6-K?
TJGC Group Limited announced that it has regained compliance with Nasdaq’s minimum bid price requirement. Nasdaq staff confirmed the company’s shares traded at or above $1.00 for 10 consecutive business days, closing a previously opened compliance matter.
How did TJGC (TJGC) regain compliance with Nasdaq’s $1.00 minimum bid rule?
TJGC regained compliance because its ordinary shares closed at or above $1.00 per share for at least 10 consecutive business days, from June 16, 2026 to June 30, 2026. Nasdaq confirmed this performance satisfied Listing Rule 5550(a)(2).
Why was TJGC (TJGC) previously out of compliance with Nasdaq listing rules?
The company was previously out of compliance because its minimum bid price stayed below $1.00 per share for 30 consecutive business days. This triggered a Nasdaq notice on March 26, 2026 under Listing Rule 5550(a)(2), known as the Minimum Bid Price Rule.
Is the Nasdaq minimum bid price issue for TJGC (TJGC) now resolved?
Yes. Nasdaq’s Listings Qualifications Department sent a letter on July 1, 2026 confirming TJGC had regained compliance with the Minimum Bid Price Requirement. Nasdaq stated that the matter is now closed, indicating TJGC currently meets the applicable listing standard.
What specific Nasdaq rule did TJGC (TJGC) comply with again?
TJGC regained compliance with Nasdaq Listing Rule 5550(a)(2), the Minimum Bid Price Rule. This rule requires a minimum bid price of $1.00 per share, maintained for a specified period, for companies listed on the Nasdaq Capital Market.