Company Description
Taitron Components Incorporated (NASDAQ: TAIT) is a business-to-business electronic components distributor in the wholesale trade sector. According to company disclosures and press releases, Taitron describes itself as the “Discrete Components Superstore,” focusing on supplying electronic components to professional buyers and manufacturers.
Taitron is based in Valencia, California. The company’s core activity is the distribution of a wide variety of transistors, diodes and other discrete semiconductors, optoelectronic devices and passive components. These products are sold to electronic distributors, contract electronic manufacturers (CEMs) and original equipment manufacturers (OEMs), who incorporate the components into their own products. This positions Taitron within business-to-business electronic markets, serving as an intermediary between component manufacturers and industrial or commercial end users.
In addition to component distribution, Taitron states that it provides value-added engineering and turn-key services for its existing OEM and CEM customers. The company also indicates that it offers original design and manufacturing services for multi-year turn-key projects for these customers. These activities extend its role beyond pure distribution into design support and project-oriented services for long-term manufacturing programs.
Public filings identify Taitron Components Incorporated as a California corporation. Its common stock has traded on The Nasdaq Stock Market under the symbol TAIT. In a Form 8-K dated November 14, 2025, the company reported that its Board of Directors approved a decision to voluntarily delist its common stock from Nasdaq and, based on having fewer than 300 holders of record, to deregister its common stock under the Securities Exchange Act of 1934 and suspend its public reporting obligations. The company indicated it planned to file a Form 25 with the Securities and Exchange Commission and that the Nasdaq delisting was expected to become effective on or about December 4, 2025, after which trading on Nasdaq would cease.
In the same filing, Taitron stated that after the Nasdaq delisting becomes effective, it intends to file a Form 15, at which time it anticipates that its obligation to file periodic reports under the Exchange Act, including Forms 10-K, 10-Q and 8-K, will be suspended, with all requirements associated with being an Exchange Act-registered company terminating permanently 90 days thereafter. The company also noted that its common stock may be eligible for quotation on the Pink tier of OTC Markets Group if market makers commit to making a market in the shares, but it could provide no assurance that trading would continue on OTC Markets Group or otherwise.
Company press releases and related Form 8-K filings describe Taitron’s dividend policy. The Board of Directors has authorized quarterly cash dividends on Class A and Class B common stock and has described a policy targeting a specific per-share annual dividend amount, payable in equal quarterly installments. The company emphasizes that future dividend declarations, and the establishment of record and payment dates, are subject to the Board’s ongoing determination that the policy remains in the best interests of stockholders, and that the dividend policy may be suspended or cancelled at the Board’s discretion at any time.
In an 8-K filed July 7, 2025, Taitron reported that its Board of Directors approved a modification of the company’s dividend policy, effectively reducing quarterly installment amounts by a stated percentage while maintaining a targeted annual per-share dividend amount. The same filing describes changes to the company’s severance policy and compensation arrangements for employees located in the United States, reflecting management and Board decisions regarding compensation structure and cost management.
Taitron’s public financial reporting, such as the condensed consolidated financial statements included in its third quarter 2025 results, provides insight into its operations as a distributor and service provider. These statements include net product revenue, cost of products sold, gross profit, selling, general and administrative expenses, restructuring and severance expenses, operating income or loss, interest income, other income or expense, and net income or loss. The balance sheet information identifies cash and cash equivalents, short-term investments, inventories, property and equipment, deferred taxes, current liabilities and shareholders’ equity.
The company’s 8-K dated November 14, 2025 also reports a management change. Taitron disclosed that on November 10, 2025, its Chief Financial Officer and Secretary resigned from those positions and would remain an employee serving as Controller. The filing states that the company’s President and Chief Executive Officer assumed the duties of principal financial officer and principal accounting officer.
Overall, Taitron Components Incorporated combines electronic component distribution with value-added engineering and turn-key services for OEM and CEM customers in business-to-business electronic markets. Its public filings highlight its identity as a discrete components distributor, its base in Valencia, California, its historical Nasdaq listing under the symbol TAIT, its dividend policy, and its decision to voluntarily delist from Nasdaq and deregister its common stock under the Exchange Act.