Taoping Gets Nasdaq Bid-Price Notice, Has Until April 2027 to Comply
Tianjin -- Taoping Inc. (Nasdaq: TAOP) has until April 12, 2027, to lift its share price back to US$1.00 after Nasdaq notified the company on October 13, 2026, that it fails the minimum bid price requirement under Listing Rule 5550(a)(2).
Nasdaq based the notice on the closing bid price of Taoping's ordinary shares over the 30 consecutive business days from August 31, 2026 through October 12, 2026. Under Listing Rule 5810(c)(3)(A), a deficiency lasting 30 consecutive business days constitutes a failure to meet the requirement. Taoping disclosed the letter under Listing Rule 5810(b), which requires prompt disclosure.
Taoping must close at US$1.00 or higher for ten consecutive business days to regain compliance
The company has a 180-calendar-day compliance period. If the closing bid price reaches at least US$1.00 for a minimum of ten consecutive business days within that window, Nasdaq will confirm compliance in writing and close the matter.