regulatory
confidence high
sentiment negative
materiality 0.75
Triller Group Inc. (ILLR): Nasdaq/NYSE listing notice — AGBA Group receives Nasdaq notice for non-compliance with $35M MVLS requirement
Triller Group Inc.
- Received Nasdaq written notice on Jan 3, 2024, for failing minimum Market Value of Listed Securities of $35M.
- Has 180 calendar days (until July 1, 2024) to regain compliance; if MVLS >= $35M for 10 consecutive business days, compliance will be confirmed.
- Failure to regain compliance may result in delisting of ordinary shares; company can appeal to Nasdaq hearings panel.
- Company to monitor MVLS and evaluate options but provides no assurance of regaining compliance.