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TIAN RUIXIANG Holdings Ltd Regains Compliance with Nasdaq’s Periodic Filing Requirement

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TIAN RUIXIANG Holdings (Nasdaq: TIRX), a China-based insurance broker, has regained compliance with Nasdaq's periodic filing requirement. The company received written notification from Nasdaq on July 18, 2024, confirming its compliance with Listing Rule 5250(c)(1). This follows the company's filing of its annual report on Form 20-F for the period ended October 31, 2023, which was submitted on July 17, 2024. The announcement marks an important step for TIRX in maintaining its listing status on the Nasdaq Stock Market.

TIAN RUIXIANG Holdings (Nasdaq: TIRX), un broker assicurativo con sede in Cina, ha recuperato la conformità ai requisiti di presentazione periodica di Nasdaq. L'azienda ha ricevuto una comunicazione scritta da Nasdaq il 18 luglio 2024, che conferma la sua conformità alla Regola di Quotazione 5250(c)(1). Questo seguito alla presentazione del rapporto annuale sul Modulo 20-F per il periodo conclusosi il 31 ottobre 2023, presentato il 17 luglio 2024. L'annuncio rappresenta un passo importante per TIRX nel mantenere il suo stato di quotazione sul Nasdaq Stock Market.

TIAN RUIXIANG Holdings (Nasdaq: TIRX), un corredor de seguros con sede en China, ha recuperado la conformidad con los requisitos de presentación periódica de Nasdaq. La compañía recibió una notificación por escrito de Nasdaq el 18 de julio de 2024, confirmando su conformidad con la Regla de Cotización 5250(c)(1). Esto sigue a la presentación de su informe anual en el Formulario 20-F para el período terminado el 31 de octubre de 2023, que fue enviado el 17 de julio de 2024. El anuncio marca un paso importante para TIRX en el mantenimiento de su estado de cotización en el Nasdaq Stock Market.

TIAN RUIXIANG Holdings (Nasdaq: TIRX)는 중국에 본사를 둔 보험 중개업체로서 Nasdaq의 정기 제출 요건을 재확인했습니다. 회사는 2024년 7월 18일 Nasdaq로부터 Listing Rule 5250(c)(1)에 대한 준수를 확인하는 서면 통지를 받았습니다. 이는 2024년 7월 17일 제출한 2023년 10월 31일 종료된 20-F 양식의 연례 보고서에 따른 결과입니다. 이 발표는 TIRX가 Nasdaq 증권 시장에서 상장 상태를 유지하기 위한 중요한 단계입니다.

TIAN RUIXIANG Holdings (Nasdaq: TIRX), un courtier en assurance basé en Chine, a récupéré sa conformité avec l'exigence de dépôt périodique de Nasdaq. La société a reçu une notification écrite de Nasdaq le 18 juillet 2024, confirmant sa conformité à la Règle d'Inscription 5250(c)(1). Cela fait suite à la soumission de son rapport annuel sur le Formulaire 20-F pour la période se terminant le 31 octobre 2023, qui a été soumis le 17 juillet 2024. L'annonce constitue une étape importante pour TIRX dans le maintien de son statut de cotation sur le marché boursier Nasdaq.

TIAN RUIXIANG Holdings (Nasdaq: TIRX), ein in China ansässiger Versicherungsbroker, hat die Einhaltung der regelmäßigen Einreichungsanforderungen von Nasdaq wiedererlangt. Das Unternehmen erhielt am 18. Juli 2024 eine schriftliche Mitteilung von Nasdaq, die seine Einhaltung der Listing-Regel 5250(c)(1) bestätigt. Dies folgt auf die Einreichung seines Jahresberichts im Formular 20-F für den Zeitraum, der am 31. Oktober 2023 endete, und der am 17. Juli 2024 eingereicht wurde. Die Bekanntgabe ist ein wichtiger Schritt für TIRX, um seinen Status an der Nasdaq-Börse aufrechtzuerhalten.

Positive
  • Regained compliance with Nasdaq's periodic filing requirement
  • Successfully filed annual report on Form 20-F
  • Maintained listing status on Nasdaq Stock Market
Negative
  • Delayed filing of annual report (submitted in July 2024 for period ended October 31, 2023)

BEIJING, July 23, 2024 (GLOBE NEWSWIRE) -- TIAN RUIXIANG Holdings Ltd (Nasdaq: TIRX) (the "Company"), a China-based insurance broker conducting business through its variable interest entity in China, today announced that the Company received a written notification from the Nasdaq Stock Market LLC ("Nasdaq") on July 18, 2024, informing the Company that it has regained compliance with Nasdaq's periodic filing requirement set forth under Listing Rule 5250(c)(1), because the Company had filed its annual report on Form 20-F for the period ended October 31, 2023 on July 17, 2024.

About TIAN RUIXIANG Holdings Ltd

TIAN RUIXIANG Holdings Ltd, headquartered in Beijing, China, is an insurance broker operating in China through its China-based variable interest entity. It distributes a wide range of insurance products, which are categorized into two major groups: (1) property and casualty insurance, such as commercial property insurance, liability insurance, accidental insurance, and automobile insurance; and (2) other types of insurance, such as health insurance, life insurance, and other miscellaneous insurance. For more information, visit the company's website at http://ir.tianrx.com/.

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review risk factors that may affect its future results in the Company's registration statement and in its other filings with the U.S. Securities and Exchange Commission.

For investor and media enquiries, please contact:
TIAN RUIXIANG Holdings Ltd
Investor Relations Department
Email: ir@tianrx.com

Wealth Financial Services LLC
Connie Kang
Partner
Email: ckang@wealthfsllc.com
Tel: +86 1381 185 7742 (CN)


FAQ

When did TIAN RUIXIANG Holdings (TIRX) regain compliance with Nasdaq's filing requirement?

TIAN RUIXIANG Holdings (TIRX) regained compliance with Nasdaq's periodic filing requirement on July 18, 2024, as confirmed by a written notification from Nasdaq.

What specific Nasdaq rule did TIRX comply with by filing its annual report?

TIRX complied with Nasdaq Listing Rule 5250(c)(1) by filing its annual report on Form 20-F for the period ended October 31, 2023.

When did TIAN RUIXIANG Holdings (TIRX) file its annual report for the period ended October 31, 2023?

TIAN RUIXIANG Holdings (TIRX) filed its annual report on Form 20-F for the period ended October 31, 2023 on July 17, 2024.

TIAN RUIXIANG Holdings Ltd

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