Triller receives Nasdaq letter confirming suspension of trading

Triller (ILLR) Group received a determination letter from a Nasdaq Hearings Panel on December 26, confirming the suspension of trading on the Nasdaq Stock Market effective at the open of the market on December 30 and delisting of the Company’s securities. This decision stems from the Company not having been able to file two periodic reports by a deadline of December 24, set by the Hearings Panel. The company said, “The Company’s operations have been progressing in a normal manner, and no deficiencies or irregularities have been identified that materially affect the Company’s financial position or operational integrity. The filing delay is attributable primarily to one remaining technical matter involving the consolidation of accounts for a U.S.-based operation within Triller Group. Management is highly confident that the Company will regain full filing compliance within weeks, positioning the Company for robust revenue growth, product development, and expansion in 2026. The imposed timeline does not account fully for the substantial remediation efforts that the Company has already achieved in resolving non-recurring integration challenges following the October 2024 business combination with legacy Triller Corp. The Company’s team, in collaboration with its advisors and auditors, has spent more than a year addressing all accounting and audit matters related to legacy Triller Group’s pre-merger operations. Prior to the merger’s closing, the Company was in full compliance with all Nasdaq listing requirements. The Company is also in the final stages of implementing a comprehensive upgrade to its accounting systems and processes in partnership with a leading accounting and finance consulting firm in Los Angeles. Triller Group is fully committed to exhausting all available appeal avenues. We intend to pursue an appeal through the Nasdaq process, and to the Securities and Exchange Commission and United States Court of Appeals if necessary. We expect to regain full filing compliance and return to regular trading on a major Exchange soon.”

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