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TAOP

Taoping Sets 1-for-30 Reverse Stock Split To Satisfy Minimum Bid Price Requirement

May 27, 2025 — 08:50 am EDT

Written by RTTNews.com for RTTNews->

(RTTNews) - Taoping Inc. (TAOP), a provider of cloud platform services and solutions, Tuesday announced one-for-thirty reverse stock split effective May 29.

The reverse stock split is intended to satisfy the $1.00 minimum bid price requirement for continued listing on the Nasdaq Stock Market.

Following the reverse stock split, the company will have about 0.89 million shares outstanding.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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