Tantech Received Notification Of Deficiency From Nasdaq Related To Not Timely Filing
Portfolio Pulse from Benzinga Newsdesk
Tantech Holdings Ltd (NASDAQ:TANH) received a notice of non-compliance from Nasdaq for not timely filing its annual report on Form 20-F for the year ended December 31, 2023. The company has 60 days to submit a compliance plan and could be granted up to 180 days to regain compliance.
May 21, 2024 | 8:19 pm
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Tantech Holdings Ltd received a non-compliance notice from Nasdaq for not timely filing its annual report. The company has 60 days to submit a compliance plan and could be granted up to 180 days to regain compliance.
The non-compliance notice from Nasdaq is a negative regulatory event that could impact investor confidence and short-term stock price. However, the company has time to submit a plan and regain compliance, which may mitigate long-term effects.
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IMPORTANCE 80
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