TAOP Granted 180-Day Extension by NASDAQ to Regain Compliance with Minimum Bid Price Rule
Taoping Inc. - Ordinary Shares (TAOP)
Company Research
Source: GlobeNewswire
SHENZHEN, China, Dec. 19, 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 that on December 17, 2019, it received a notification letter from Nasdaq that the Company has been granted an additional 180-day compliance period, or until June 15, 2020, to regain compliance with minimum bid price rule. Nasdaq's determination is based on the Company meeting the continued listing requirement for market value of publicly held shares and all other applicable requirements for initial listing on the Capital Market with the exception of the bid price requirement, and the Company’s written notice of its intention to cure the deficiency during the second compliance period by effecting a reverse stock split, if necessary. Previously, in a notification letter dated June 18, 2019, Nasdaq had notified the Company that, based
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TAOP
Sec Filings
- 12/9/24 - Form S-8
- 12/9/24 - Form 6-K
- TAOP's page on the SEC website