Taoping Inc. received a notification from Nasdaq on October 13, 2026, stating it is not in compliance with the minimum bid price requirement because its ordinary shares closed below $1.00 for 30 consecutive business days ending October 12, 2026. The company has an initial compliance period of 180 calendar days, until April 12, 2027, to regain compliance by maintaining a closing bid price of at least $1.00 for ten consecutive trading days. If the share price falls to $0.10 or less for ten consecutive days during this period, Nasdaq will issue a delisting determination. The company may also consider implementing a reverse stock split to meet requirements. Taoping Inc. operates in the smart city and Internet of Things sector, providing cloud-based intelligent infrastructure solutions.
