Tian Ruixiang Holdings Faces Nasdaq Delisting Risk

Tian Ruixiang Holdings Ltd's stock surged 86.95% in pre-market trading, crossing above the 5-day SMA, amid concerns over its Nasdaq delisting risk.

The company received a delisting notice from Nasdaq due to non-compliance with Listing Rule 5550(a)(2), as its stock closed below $1 for 30 consecutive business days. This situation is exacerbated by the company's ineligibility for the usual compliance period due to a reverse stock split, leading to an immediate delisting decision. Tian Ruixiang has requested a hearing to contest this decision, scheduled for February 17, 2026, allowing its shares to continue trading during the appeal process, but uncertainty remains regarding the outcome and its impact on investor confidence.

The implications of this situation are significant, as the delisting risk could severely affect the company's fundraising capabilities and overall market performance. Investors are likely to remain cautious as they await the hearing results, which will determine the company's future on the Nasdaq.