Tantech announces one-for-forty share consolidation to regain Nasdaq compliance
Share Consolidation Announcement: Tantech's board approved a one-for-forty share consolidation effective February 13, 2025, to comply with Nasdaq listing requirements, reducing outstanding shares from 47.56 million to approximately 1.19 million.
Market Reaction: Following the announcement, TANH shares fell over 19% in post-market trading on Monday.
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Gohomeway Group Inc. Completes EU Trademark Registration, Marking a Key Step in Global Branding
Trademark Registration Announcement: Tantech Holdings Ltd's subsidiary, Gohomeway Group Inc., has received a European Union Trademark Registration Certificate, enhancing its intellectual property protection in Europe and supporting its product sales and brand promotion strategies.
Company Background and Future Plans: Tantech specializes in bamboo charcoal-based products and aims to increase brand awareness in Europe following the trademark registration, while also focusing on expanding its international presence and maintaining compliance with quality standards.
Tantech Holdings Regains Compliance with NASDAQ Minimum Bid Price Requirement
Company Compliance Update: Tantech Holdings Ltd has regained compliance with NASDAQ's minimum bid price requirement, confirming that the matter is now closed as of February 28, 2025.
Company Overview: Tantech specializes in bamboo charcoal-based products and has expanded into vehicle manufacturing through its acquisition of Shangchi Automobile, establishing new subsidiaries for electric vehicle production.