Taoping Receives Nasdaq Notification Regarding Minimum Bid Price Deficiency
PR Newswire•14/10/2026•16:00 ET
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Key Highlights
- ➤Taoping (TAOP) fails Nasdaq’s $1.00 minimum bid-price requirement after 30 consecutive business days
- ➤Taoping has until April 12, 2027, to regain compliance with Nasdaq’s bid-price rule
- ➤TAOP must trade at least $1.00 for ten consecutive business days to regain compliance
- ➤Nasdaq may issue delisting determination if TAOP trades at $0.10 or less for ten days
- ➤Taoping may pursue a reverse stock split and could qualify for another 180-day grace period
Taoping Receives Nasdaq Notification Regarding Minimum Bid Price Deficiency PR Newswire
TIANJIN, China, Oct. 14, 2026 /PRNewswire/ -- Taoping Inc. (Nasdaq: TAOP, the "Company"), a provider of cloud-based smart city, Internet of Things and intelligent infrastructure solutions, today announced that on October 13, 2026, it received a written notification letter (the "Notification Letter") from The Nasdaq Stock Market LLC ("Nasdaq"), notifying the Company that it is currently not in compliance with the minimum bid price requirement set forth under Nasdaq Listing Rule 5550(a)(2), which requires listed securities to maintain a minimum bid price of US$1.00 per share.
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