TAITRON Confirms NASDAQ Capital Market Listing in 8-K Filing

TL;DR

**TAITRON's 8-K confirms its NASDAQ listing, business as usual.**

AI Summary

TAITRON COMPONENTS INCORPORATED filed an 8-K on February 2, 2024, primarily to disclose that its Class A common stock, trading under the symbol TAIT, is registered on the NASDAQ Capital Market. This filing is a routine disclosure, indicating the company is maintaining its listing status and fulfilling regulatory obligations. For investors, this matters because it confirms the stock's continued liquidity and visibility on a major exchange, which is crucial for trading and valuation.

Why It Matters

This filing confirms TAITRON COMPONENTS INCORPORATED's continued listing on the NASDAQ Capital Market, ensuring the stock remains accessible and liquid for investors.

Risk Assessment

Risk Level: low — This 8-K is a routine regulatory filing with no new material information that would introduce significant risk.

Analyst Insight

This filing is routine and does not present new information that would warrant immediate action. Investors should continue to monitor for more substantive news regarding TAITRON's financial performance or strategic developments.

Key Players & Entities

• TAITRON COMPONENTS INCORPORATED (company) — the registrant filing the 8-K
• NASDAQ Capital Market (company) — the exchange where TAIT's Class A common stock is registered
• TAIT (company) — the trading symbol for TAITRON's Class A common stock
• February 2, 2024 (date) — the date of the earliest event reported in the 8-K

FAQ

Key Financial Figures

• $0.05 — uarterly cash dividend in the amount of $0.05 per share of Class A and Class B issued
• $0.20 — nd to our stockholders in the amount of $0.20 per share per annum, payable in equal $

Filing Documents

• taitron20240131_8k.htm (8-K) — 25KB
• ex_621509.htm (EX-99.1) — 7KB
• logo1.jpg (GRAPHIC) — 6KB
• 0001185185-24-000129.txt ( ) — 175KB
• tait-20240202.xsd (EX-101.SCH) — 3KB
• tait-20240202_def.xml (EX-101.DEF) — 10KB
• tait-20240202_lab.xml (EX-101.LAB) — 19KB
• tait-20240202_pre.xml (EX-101.PRE) — 11KB
• taitron20240131_8k_htm.xml (XML) — 3KB

01 Regulation FD Disclosure

ITEM 7.01 Regulation FD Disclosure On February 2, 2024, the Company's Board of Directors authorized a quarterly cash dividend in the amount of $0.05 per share of Class A and Class B issued and outstanding common stock. The dividend will be paid on February 29, 2024 to stockholders of record as of February 16, 2024. A copy of the press release is furnished herewith as Exhibit 99.1. Under our current dividend policy, the Company will target a cash dividend to our stockholders in the amount of $0.20 per share per annum, payable in equal $0.05 per share quarterly installments. Subsequent dividend declarations and the establishment of record and payment dates for such future dividend payments, if any, are subject to the Board of Directors' continuing determination that the dividend policy is in the best interests of the Company's stockholders. The dividend policy may be suspended or cancelled at the discretion of the Board of Directors at any time. Safe Harbor Statement

01 Financial Statements and Exhibits

ITEM 9.01 Financial Statements and Exhibits (d) Exhibits Exhibit No. Exhibit Description 99.1 Press release dated February 2, 2024 announcing the Company declared a quarterly cash dividend. 104 Cover Page Interactive Data File (formatted as Inline XBRL)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized. TAITRON COMPONENTS INCORPORATED Dated: February 2, 2024 By: /s/ David Vanderhorst David Vanderhorst Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR