Taoping (TAOP) has released an update.
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Taoping Inc., a tech firm listed on Nasdaq, has received a notification of non-compliance due to its share price falling below the minimum bid price requirement of $1 for 30 consecutive days. The company has 180 days to rectify the issue and regain compliance, with the possibility of an additional grace period. Taoping’s shares continue to trade on Nasdaq as they explore options to address the bid price deficiency.
For further insights into TAOP stock, check out TipRanks’ Stock Analysis page.