TechTarget, Inc. (NASDAQ: TTGT) has announced that it received a notice from the Nasdaq Stock Market LLC on May 27, 2025, indicating non-compliance with Nasdaq listing rule 5250(c)(1). The company had not timely filed its quarterly report on Form 10-Q for the fiscal quarter ended March 31, 2025, or its annual report on Form 10-K for the fiscal year ended December 31, 2024. However, the notice has no immediate effect on the listing or trading of the company's securities on the Nasdaq Global Select Market.
The company then 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 it is no longer non-compliant with the rule with respect to its Form 10-K. The company is now diligently working to file the Form 10-Q as soon as practicably possible to regain compliance with the rule.
TechTarget, Inc. highlights a vast reach of over 220 highly targeted technology-specific websites and over 50 million permissioned first-party audience members. The company offers various services underpinned by these audiences and their data, including trusted information, intelligence and advice, advertising, custom content, and intent and demand generation.
This story reflects TechTarget's efforts to address non-compliance issues and move towards regaining compliance with Nasdaq listing rules, demonstrating the company's commitment to transparency and regulatory obligations. The market has reacted to these announcements by moving the company's shares 3.19% to a price of $8.09. If you want to know more, read the company's complete 8-K report here.