TechTarget (TTGT) Receives Nasdaq Non-compliance Notice
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TechTarget, Inc. (Nasdaq: TTGT) (“Informa TechTarget” or the “Company”) today announced that the Company received a notice (the “Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) on May 27, 2025 notifying the Company that it is not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Rule”), because the Company had not yet timely filed its Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2025 (the “Form 10-Q”) or, at the time of receipt of the Notice, its Annual Report on Form 10-K for the fiscal year ended December 31, 2024 (the “Form 10-K”).
The Notice has no immediate effect on the listing or trading of the Company’s securities on the Nasdaq Global Select Market. The Notice stated that the Company has until June 16, 2025 to submit a plan to regain compliance with the Rule with respect to the Form 10-K and the Form 10-Q. If Nasdaq accepts the Company’s plan to regain compliance, then Nasdaq may grant the Company until October 13, 2025 to file the Form 10-K and the Form 10-Q to regain compliance with the Rule.
The Company filed its Form 10-K with the Securities and Exchange Commission on May 28, 2025 and subsequently received a letter from Nasdaq on May 29, 2025 informing the Company that, as a result of filing of its Form 10-K, it is no longer noncompliant with the Rule with respect to its Form 10-K.
The Company is working diligently to file the Form 10-Q as soon as practicably possible to regain compliance with the Rule.
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