UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
FORM
6-K
REPORT
OF FOREIGN PRIVATE ISSUER
PURSUANT
TO RULE 13a-16 OR 15d-16 OF THE
SECURITIES
EXCHANGE ACT OF 1934
For
the month of October, 2026
Commission
File Number 001-35722
TAOPING
INC.
(Translation
of registrant’s name into English)
21st
Floor, Building 3, Tianjin Science and Technology Plaza
Keyan
West Road
Nankai
District, Tianjin, 300192
People’s
Republic of China
(Address
of principal executive offices)
Indicate
by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: Form 20-F ☒ Form
40-F ☐
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.
| Date: October 14, 2026 |
TAOPING INC. |
| |
|
|
| |
By: |
/s/ Jianghuai
Lin |
| |
|
Jianghuai Lin |
| |
|
Co-Chief Executive Officer |
EXHIBIT
INDEX
| Exhibit
Number |
|
Description |
| 99.1 |
|
Press Release, dated October 14, 2026 |
Exhibit 99.1
Taoping
Receives Nasdaq Notification Regarding Minimum Bid Price Deficiency
TIANJIN,
China, October 14, 2026 – Taoping Inc. (Nasdaq: TAOP, the “Company”), a provider of cloud-based smart city, Internet
of Things and intelligent infrastructure solutions, today announced that on October 13, 2026, it received a written notification letter
(the “Notification Letter”) from The Nasdaq Stock Market LLC (“Nasdaq”), notifying the Company that it is currently
not in compliance with the minimum bid price requirement set forth under Nasdaq Listing Rule 5550(a)(2), which requires listed securities
to maintain a minimum bid price of US$1.00 per share.
Nasdaq
Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a
period of 30 consecutive business days. Based on the closing bid price of the Company’s ordinary shares for the 30 consecutive
business days from August 31, 2026 through October 12, 2026, the Company no longer meets the minimum bid price requirement. This press
release is issued pursuant to Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of the Notification Letter.
Pursuant
to Nasdaq Listing Rule 5810(c)(3)(A), the Company has a compliance period of 180 calendar days, or until April 12, 2027 (the “Compliance
Period”), to regain compliance with Nasdaq’s minimum bid price requirement. If at any time during the Compliance Period the
closing bid price of the Company’s ordinary shares is at least US$1.00 for a minimum of ten consecutive business days, Nasdaq will
provide the Company with written confirmation of compliance and the matter will be closed. However, if at any time during the Compliance
Period the closing bid price of the Company’s ordinary shares is US$0.10 or less for ten consecutive trading days, Nasdaq will
issue a delisting determination with respect to the Company’s ordinary shares pursuant to Nasdaq Listing Rule 5810(c)(3)(A)(iii).
If the Company chooses to implement a reverse stock split, it must complete the split no later than ten business days prior to April
12, 2027 in order to regain compliance.
In
the event the Company does not regain compliance with the minimum bid price requirement by April 12, 2027, the Company may be eligible
for an additional 180 calendar day grace period. To qualify, the Company will be required to meet the continued listing requirement for
market value of publicly held shares and all other initial listing standards for The Nasdaq Capital Market, with the exception of the
bid price requirement, and will need to provide written notice of its intention to cure the deficiency during the second compliance period,
by effecting a reverse stock split, if necessary, to Nasdaq. If the Company does not qualify for the second compliance period or fails
to regain compliance during the second 180-day period, then Nasdaq will notify the Company of its determination to delist the Company’s
ordinary shares, at which point the Company will have an opportunity to appeal the delisting determination to a Hearings Panel.
The
Notification Letter has no immediate effect on the listing of the Company’s ordinary shares, which will continue to trade uninterrupted
on Nasdaq under the ticker “TAOP”.
The
Company intends to monitor the closing bid price of the ordinary shares and may, if appropriate, consider implementing available options
to regain compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2).
About
Taoping Inc.
Taoping
Inc. (Nasdaq: TAOP) has a long history of successfully leveraging technology in the development of innovative cloud-based technologies
on the Smart City IoT platform, and related products and services. The Company has built a far-reaching city partner ecosystem and comprehensive
portfolio of high-value, high-traffic areas for its products, which are aligned together with Taoping’s smart cloud platform, cloud
services and solutions, and new media. For more information about Taoping, please visit http://en.taop.com.
Safe
Harbor Statement
This
press release contains “forward-looking statements” that involve substantial risks and uncertainties. All statements other
than statements of historical facts contained in this press release, such as statements regarding our estimated future results of operations
and financial position, our strategy and plans, and our objectives or goals, are forward-looking statements within the meaning of Section
27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. We have attempted to
identify forward-looking statements by terminology including “anticipates,” “believes,” “can,” “continue,”
“could,” “estimates,” “expects,” “intends,” “may,” “plans,” “potential,”
“predicts,” “should,” or “will” or the negative of these terms or other comparable terminology. Our
actual results may differ materially or perhaps significantly from those discussed herein, or implied by these forward-looking statements.
There are a significant number of factors that could cause actual results to differ materially from statements made in this press release,
including: our potential inability to achieve or sustain profitability or reasonably predict our future results; risks related to our
strategic transformation, including our ability to successfully transition from legacy businesses to platform-based services; risks related
to executing our growth strategy in the smart elevator and intelligent infrastructure markets; our ability to obtain additional financing
on acceptable terms if needed; intense competition in the IoT and smart city technology markets; changes in domestic and foreign laws,
regulations and taxes; uncertainties related to China’s legal system and economic, political and social events in China; the volatility
of the securities markets; and other risks including, but not limited to, those that we discussed or referred to in the Company’s
disclosure documents filed with the U.S. Securities and Exchange Commission (the “SEC”) available on the SEC’s website
at www.sec.gov, including the Company’s most recent Annual Report on Form 20-F as well as in our other reports filed or furnished
from time to time with the SEC. The forward-looking statements included in this press release are made as of the date of this press release
and the Company undertakes no obligation to publicly update or revise any forward-looking statements, other than as required by applicable
law.
For
further information, please contact:
Taoping
Inc.
IR@taop.com
www.taop.com |
|
Global
IR Partners
David
Pasquale
TAOP@globalirpartners.com
New
York Office: +1-914-337-8801 |