Taoping Inc. Notifies Nasdaq of Minimum Bid Price Non-Compliance
1 report, 1 independent
Updated Wed 00:00
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What happened
Taoping Inc. received a notification from Nasdaq because its ordinary shares failed to maintain a minimum bid price of US$1.00 per share. This deficiency was based on the 30 consecutive business days between August 31, 2026, and October 12, 2026.
From prnewswire.com
Why it matters
The failure to meet the minimum bid price requirement means Taoping Inc. is currently not in compliance with Nasdaq Listing Rule 5550(a)(2). The company has a compliance period of 180 calendar days, ending April 12, 2027, to regain compliance.
From prnewswire.com
Who's involved
- NasdaqThe American stock exchange that issued the non-compliance notification.
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The entities involved
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Nasdaq
American fully electronic stock exchange
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