Tantech Holdings Fails Nasdaq Filing Rule
Ticker: TANH · Form: 6-K · Filed: May 21, 2024 · CIK: 1588084
| Field | Detail |
|---|---|
| Company | Tantech Holdings Ltd (TANH) |
| Form Type | 6-K |
| Filed Date | May 21, 2024 |
| Risk Level | medium |
| Pages | 1 |
| Reading Time | 1 min |
| Sentiment | bearish |
Sentiment: bearish
Topics: listing-compliance, filing-delinquency, sec-filing
Related Tickers: TANH
TL;DR
Tantech Holdings is at risk of delisting from Nasdaq for missing its 2023 annual report deadline.
AI Summary
Tantech Holdings Ltd received a letter from Nasdaq on May 20, 2024, indicating non-compliance with Listing Rule 5250(c)(1). This is due to the company's failure to file its Form 20-F for the year ended December 31, 2023.
Why It Matters
Failure to meet Nasdaq's listing requirements could lead to delisting, impacting the company's ability to raise capital and its stock's liquidity.
Risk Assessment
Risk Level: medium — Non-compliance with listing rules poses a risk of delisting, which can negatively impact the company's market standing and investor confidence.
Key Players & Entities
- Tantech Holdings Ltd (company) — Registrant
- Nasdaq (company) — Stock Market Regulator
- May 20, 2024 (date) — Date of Nasdaq Letter
- December 31, 2023 (date) — Fiscal Year End for Filing
FAQ
What specific Nasdaq rule has Tantech Holdings Ltd violated?
Tantech Holdings Ltd has violated Nasdaq Listing Rule 5250(c)(1).
What is the reason for Tantech Holdings Ltd's non-compliance with Nasdaq rules?
The company has not yet filed its Form 20-F for the year ended December 31, 2023.
When did Tantech Holdings Ltd receive the notification from Nasdaq?
Tantech Holdings Ltd received the letter from Nasdaq on May 20, 2024.
What is the filing that Tantech Holdings Ltd failed to submit?
The filing that Tantech Holdings Ltd failed to submit is its Form 20-F for the year ended December 31, 2023.
What is the consequence of failing to comply with Nasdaq Listing Rule 5250(c)(1)?
Failure to comply with Nasdaq Listing Rule 5250(c)(1) means the company no longer complies with Nasdaq's listing requirements.
Filing Stats: 337 words · 1 min read · ~1 pages · Grade level 11.1 · Accepted 2024-05-21 16:10:13
Filing Documents
- tanh_6k.htm (6-K) — 13KB
- tanh_ex991.htm (EX-99.1) — 6KB
- 0001477932-24-003206.txt ( ) — 19KB
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, thereunto duly authorized. TANTECH HOLDINGS LTD Date: May 21, 2024 By: /s/ Wangfeng Yan Name: Wangfeng Yan Title: Chief Executive Officer 3