TAOP Announces Closing of Private Placement of Convertible Note
Taoping Inc. - Ordinary Shares (TAOP)
Company Research
Source: GlobeNewswire
SHENZHEN, China, Oct. 29, 2019 (GLOBE NEWSWIRE) -- Taoping Inc. (NASDAQ: TAOP, the “Company”), a leading provider of internet-based smart display screens, and a new-media ecosystem that enable targeted advertising and online retails, today announced the closing of its previously announced convertible note transaction pursuant to a securities purchase agreement (the “Purchase Agreement”) signed with an investor (the “Investor”) on September 30, 2019. The Company issued to the Investor a $1,040,000 principal amount of 5% Convertible Promissory Note (the “Note”) and warrants to purchase 160,000 ordinary shares at $1.5 per share within three years, for a purchase price of $1,000,000. As previously disclosed, the Note matures in 12 months from the issue date, bearing interest at a rate of 5.0% per annum and the outstanding balance of the Note may be converted into the Company’s ordinary shares at different prices under various circumstances. The Note, warrants and the securities issuab
Show less
Read more
Impact Snapshot
Event Time:
TAOP
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TAOP alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TAOP alerts
High impacting Taoping Inc. - Ordinary Shares news events
Weekly update
A roundup of the hottest topics
TAOP
News
- Taoping's (NASDAQ:TAOP) Shareholders Should Assess Earnings With Caution [Yahoo! Finance]Yahoo! Finance
- Investors Will Want Taoping's (NASDAQ:TAOP) Growth In ROCE To Persist [Yahoo! Finance]Yahoo! Finance
- Taoping Reports 28.4% Increase in Revenue for the First Six Months of 2024, with EPS of $0.13 Per Diluted Share Compared to a Loss of $1.10 in the Corresponding Period of 2023PR Newswire
TAOP
Sec Filings
- 9/5/24 - Form 424B3
- 9/5/24 - Form 6-K
- TAOP's page on the SEC website