TRX will leave the Nasdaq by the end of this month partly because of its inability to meet requirements for a minimum $1 share price and $2.5 million in equity

. "After considering a number of factors, including the expenditure of resources necessary to seek to regain compliance with Nasdaq's listing rules within Nasdaq's timeframe and then attempting to maintain its Nasdaq listing, the company has decided not to undertake potentially expensive and dilutive efforts to regain compliance with Nasdaq's minimum equity rule or minimum bid price rule, which may or may not be successful," TRX announced Friday in a Securities and Exchange Commission filing. "Rather, the company has decided to voluntarily delist from the Nasdaq Capital Market."