06:31 AM EDT, 03/26/2024 (MT Newswires) -- Tian Ruixiang Holdings ( TIRX ) said Monday it has been notified that it is not in compliance with Nasdaq's listing requirements for failure to timely file its annual report on Form 20-F for the fiscal year ending Oct. 31, 2023, with the US Securities and Exchange Commission.

Under Nasdaq's rules, the Chinese insurance brokerage has until May 20 to submit a plan to regain compliance. If its plan is accepted, Nasdaq can grant an extension until Sept. 10 to regain compliance.