TechTarget, Inc. (NASDAQ: TTGT), also known as Informa TechTarget, has recently announced some key financial updates. The company received a notice from the Listing Qualifications Department of the NASDAQ on May 27, 2025, stating that it was not in compliance with NASDAQ Listing Rule 5250(c)(1) due to the untimely filing of its quarterly report on Form 10-Q for the fiscal quarter ended March 31, 2025, as well as its annual report on Form 10-K for the fiscal year ended December 31, 2024.
TechTarget had until June 16, 2025, to submit a plan to regain compliance, and if accepted by NASDAQ, it could have been granted until October 13, 2025, to file the Form 10-K and the Form 10-Q to regain compliance with the rule.
However, on May 28, 2025, the company filed its Form 10-K with the Securities and Exchange Commission, and subsequently received a letter from NASDAQ on May 29, 2025, stating that it was no longer noncompliant with the rule regarding the Form 10-K. The company is now focused on filing the Form 10-Q as soon as practicably possible to regain compliance with the rule.
In terms of its financial performance, TechTarget is a significant player in the technology market, with over 220 highly targeted technology-specific websites and a permissioned first-party audience of over 50 million. The company's offerings include trusted information, intelligence, advertising, custom content, and intent and demand generation services, all of which are underpinned by expert-led, data-driven, and digitally enabled solutions.
With its headquarters in Boston, MA, and offices in 19 global locations, TechTarget continues to inform, influence, and connect the world's technology buyers and sellers, aiming to accelerate growth from research and development to return on investment. Following these announcements, the company's shares moved 3.19%, and are now trading at a price of $8.09. For the full picture, make sure to review TechTarget's 8-K report.