Jun. 17 at 7:06 PM
$INHD Historical Examples of T12 Resumptions After 16:00 EST
TOP Financial Group (
$TOP): In Spring 2023, this Chinese small-cap surged from around
$6 to over
$250 within days before Nasdaq pulled the plug with a T12 regulatory halt due to manipulative trading behavior. After the company submitted the required documentation, the halt was lifted during the post-market session at 16:15 EST. Due to the extremely thin after-hours liquidity, the price experienced brutal, violent swings in both directions upon resumption.
Addentax Group (
$ATXG): A similar case involving a brutal, hyper-volatile IPO squeeze. Following a multi-day T12 regulatory halt, Nasdaq finally cleared the stock for resumption deep into the US after-hours session. The 5-minute quoting period (T2 status) and subsequent resumption of trading (T3 status) triggered around 16:45 EST.