Taitron Components (TAIT) stock plummeted on Monday after the electronic components company announced the voluntary delisting of its shares from the Nasdaq. The company said that it will file Form 25 with the Securities and Exchange Commission on or about November 24, 2025. Following this, shares of TAIT stock will be delisted from the exchange on or about December 4, 2025.
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Taitron Components decided to delist its shares for a few reasons. The first was its number of shareholders, which is below 300. It also cited the costs and time spent maintaining a public listing on the exchange as other reasons for the delisting. According to it, the benefits of delisting outweigh the cons.
Taitron Components also announced the resignation of Chief Financial Officer David Vanderhorst, who will remain at the company as its Controller. In light of this, CEO Stewart Wang will take over the duties of the CFO.
What’s Next for Taitron Components Stock?
Taitron Components noted that its stock likely won’t stop trading completely after the delisting. Instead, investors will likely find it on the Pink tier of OTC Markets Group. However, it doesn’t ensure this will happen and said shares will only continue to trade if market makers commit to making a market for them.
Taitron Components Stock Movement Today
Taitron Components stock was down 35.25% in pre-market trading on Monday, following a slight gain on Friday. The stock has fallen 12.13% year-to-date and 24.19% over the past 12 months.
Today’s delisting news brings with it muted trading of TAIT stock. As of this writing, more than 114,000 shares have changed hands, compared to a three-month daily average of about 844,000 units.
