TJGC Group resumes NASDAQ trading after information review
TJGC Group Limited (NASDAQ: TJGC) announced that trading in its ordinary shares will resume after 10:00 a.m. Eastern Time on June 3, 2026, following a trading halt that began May 15, 2026.
The NASDAQ Stock Market halted trading under code "T12 — Additional Information Requested by NASDAQ" while the Listing Qualifications Department reviewed information related to recent trading activity and the company's follow-on offering that closed April 16, 2026.
The company submitted written responses to NASDAQ staff on May 18 and May 19, 2026. After TJGC filed a Form 6-K on May 21, 2026 announcing a 1-for-3 reverse stock split, staff issued an additional information request, which the company answered on May 26, 2026. NASDAQ staff subsequently advised the company that it has no further questions.
TJGC stated it is not aware of any undisclosed corporate developments or material non-public information that would explain the recent trading activity. The company attributes increased price and volume beginning around April 15, 2026 to publicly available information regarding the follow-on offering, including SEC effectiveness declaration of its Form F-1 registration statement.
The reverse stock split was implemented in response to a minimum bid price deficiency letter received March 26, 2026 under NASDAQ Listing Rule 5550(a)(2). The company said the split's timing was prepared independently of the follow-on offering and subsequent trading activity.
TJGC Group provides integrated marketing and advertising services in Hong Kong through its subsidiary Ctrl Media Limited, primarily serving mobile game developers. The company was formerly known as Ctrl Group Limited before changing its name in November 2025.
