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Tantech Holdings Ltd. (NASDAQ: TANH) delivers innovative bamboo charcoal solutions and electric vehicle components through three core segments: consumer products, global trading, and sustainable mobility technologies.
This dedicated news hub provides investors with essential updates including earnings reports, product launches, and strategic partnerships. Discover official press releases covering manufacturing advancements, sustainability initiatives, and international market expansions.
All content is curated to meet investor needs for timely, accurate information about TANH's operations in eco-friendly household products and electric vehicle innovations. Bookmark this page for direct access to verified updates about ISO-certified production processes and emerging green technologies.
Tantech Holdings (NASDAQ: TANH) announced it received a notification of deficiency from Nasdaq due to its failure to timely file its annual report on Form 20-F for the year ended December 31, 2023. The notification, received on May 20, 2024, indicates non-compliance with Nasdaq Listing Rule 5250(c)(1). The notice does not immediately affect the listing or trading of Tantech's common shares on Nasdaq. The company has 60 days to submit a compliance plan, and if accepted, could be granted up to 180 days from the original due date, until November 11, 2024, to regain compliance.
Tantech Holdings Ltd (NASDAQ: TANH) announced a successful private placement, raising $2.8 million by selling 1,000,000 common shares at $2.8 per share. The proceeds will be utilized for working capital and general corporate purposes, following an agreement with non-U.S. purchasers. The shares sold are exempt from registration under the Securities Act. Since expanding into the clean vehicle industry in 2017 and establishing subsidiaries for electric vehicles and biodegradable packaging, Tantech is poised for further growth. The company maintains ISO certifications and has received numerous awards for its products.