Taoping Inc. Announces 1-for-30 Reverse Stock Split to Maintain Nasdaq Listing

Reuters

05-27

Taoping Inc. Announces 1-for-30 Reverse Stock Split to Maintain Nasdaq Listing

Taoping Inc. announced a one-for-thirty reverse stock split of its Ordinary Shares, effective May 29, 2025. This move aims to raise the per share trading price to meet Nasdaq's $1.00 minimum bid price requirement. Post-split, Taoping will have approximately 0.89 million Ordinary Shares outstanding, with no change to the total number of authorized shares. The shares will continue trading under the symbol "TAOP" with a new CUSIP number, G8675V135.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Taoping Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: CN96023) on May 27, 2025, and is solely responsible for the information contained therein.

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Announces 1-for-30 Reverse Stock Split to Maintain Nasdaq Listing","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Taoping Inc. Announces 1-for-30 Reverse Stock Split to Maintain Nasdaq Listing\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Taoping Inc. announced a one-for-thirty reverse stock split of its Ordinary Shares, effective May 29, 2025. This move aims to raise the per share trading price to meet Nasdaq's $1.00 minimum bid price requirement. Post-split, Taoping will have approximately 0.89 million Ordinary Shares outstanding, with no change to the total number of authorized shares. 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Announces 1-for-30 Reverse Stock Split to Maintain Nasdaq Listing\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-05-27 20:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Taoping Inc. Announces 1-for-30 Reverse Stock Split to Maintain Nasdaq Listing\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Taoping Inc. announced a one-for-thirty reverse stock split of its Ordinary Shares, effective May 29, 2025. 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ID: CN96023) on May 27, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TAOP","symbol_name":"淘屏","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250527:nNDL4NM5pC:1","article_id":"2538660544","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2538660544","pubTimestamp":1748349044,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Taoping Inc. announced a one-for-thirty reverse stock split of its Ordinary Shares, effective May 29, 2025. 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