BEIJING, April 29, 2021 /PRNewswire/ -- TIAN RUIXIANG
Holdings Ltd (Nasdaq: TIRX) (the "Company"), a China-based insurance broker, announced today
that it received a notice from the Nasdaq Stock Market LLC
("Nasdaq"), indicating that the Company has regained compliance
with the Nasdaq Listing Rule 5250(c)(1), which requires the timely
filing of periodic reports with the U.S. Securities and Exchange
Commission ("SEC").
On April 26, 2021, the Company
filed its Annual Report on Form 20-F for the fiscal year ended
October 31, 2020 with the SEC.
Accordingly, the Company received a close-out letter from Nasdaq on
April 27, 2021, which informed the
Company that it had regained compliance with the Nasdaq Listing
5250(c)(1).
About TIAN RUIXIANG Holdings Ltd
TIAN RUIXIANG Holdings Ltd, headquartered in Beijing, China, is an insurance broker
operating in China. It distributes
a wide range of insurance products, which are categorized into two
major groups: (1) property and casualty insurance, such as
automobile insurance, commercial property insurance, liability
insurance; accidental insurance, and (2) life insurance, such as
individual and group life insurances. For more information, visit
the company's website at http://ir.tianrx.com/.
Forward-Looking Statements
All statements other than statements of historical fact 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 other factors that may affect its
future results in the Company's registration statement and in its
other filings with the SEC.
For more information, please contact:
Sherry Zheng
Weitian Group LLC
Phone: 718-213-7386
Email: shunyu.zheng@weitian-ir.com
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SOURCE TIAN RUIXIANG Holdings Ltd
