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TAOP-News
TAOP-Events
Taoping Receives Nasdaq Compliance Notification
Taoping received a written notification letter from Nasdaq notifying the company that it is currently not in compliance with the minimum bid price requirement set forth under Nasdaq listing rule which requires listed securities to maintain a minimum bid price of US$1.00 per share. The company has a compliance period of 180 calendar days, or until April 12, 2027, to regain compliance with Nasdaq's minimum bid price requirement. If the company chooses to implement a reverse stock split, it must complete the split no later than ten business days prior to April 12, 2027 in order to regain compliance. In the event the company does not regain compliance with the minimum bid price requirement by April 12, 2027, the company may be eligible for an additional 180 calendar day grace period. If the company does not qualify for the second compliance period or fails to regain compliance during the second 180-day period, then the company will have an opportunity to appeal the delisting determination to a Hearings Panel. The Notification Letter has no immediate effect on the listing of the company's ordinary shares, which will continue to trade uninterrupted on Nasdaq under the ticker "TAOP". The company may, if appropriate, consider implementing available options to regain compliance with the minimum bid price requirement.
Taoping's Subsidiary Secures Over $5.5M Elevator Projects
Taoping's wholly owned subsidiary, Skyladder Technology, has secured multiple smart elevator projects with a combined order value exceeding $5.5M. The new awards include a follow-on project in the China-Singapore Tianjin Eco-City. Elevator modernization also represents a meaningful share of the new business. Officials stated that 575,000 residential elevators are expected to be upgraded or installed nationwide during the plan period.
Taoping Secures $5.2M Smart Elevator Project Orders
Taoping announced that its wholly owned subsidiary, Skyladder Technology Development Co., has secured approximately $5.2M in new smart elevator project orders. The new orders represent another important milestone in Taoping's "AI + elevator" growth strategy and further validate the company's expanding role in China's elevator modernization and intelligent infrastructure market. The projects cover a broad range of high-demand use cases, including urban renewal, affordable housing, commercial housing, vocational education parks, emerging industrial bases, and science and education facilities. Taoping believes these new orders strengthen its near-term revenue visibility while also creating valuable reference cases that can support broader market expansion with larger customers, property managers, local platforms, and public-sector-linked projects over time.
Company Terminates Letter of Intent to Acquire Alphalion Holding
In light of accelerating demand across both new smart elevator deployments and recurring maintenance contracts, the company has elected to terminate the previously announced on October 17, 2025, non-binding letter of intent to acquire Alphalion Holding, reflecting a disciplined capital allocation strategy and a clear prioritization of higher-return opportunities within its core business. Pursuant to the LOI, the company may terminate it prior to entering into any definitive agreement for the transaction during the process of conducting due diligence.
Taoping Secures Over $3M Elevator Orders
Taoping announced a significant expansion of its core smart elevator business with the new orders exceeding $3M. The multi-million dollars in new orders won through its wholly-owned subsidiary Skyladder Technology Development Co., Ltd. reflects a rebound in demand in the broader market for highly-reliable, state-of-the-art elevators and services, and further consolidates the company's leading position in Tianjin.
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