TAOP Raises $2.0 Million To Accelerate Growth
Taoping Inc. - Ordinary Shares (TAOP)
Company Research
Source: GlobeNewswire
SHENZHEN, Jan. 20, 2021 (GLOBE NEWSWIRE) -- Taoping Inc. (NASDAQ: TAOP, the “Company”), a provider of internet-based smart display screens, and a new-media ecosystem that enables targeted advertising and online retail, today announced that it has entered into a securities purchase agreement (the “Purchase Agreement”) with certain investors (the “Investors”) on January 19, 2021. Pursuant to the Purchase Agreement, the Company agreed to sell to the Investors an aggregate of 740,740 ordinary shares, no par value (the “Ordinary Shares”) at a purchase price of $2.7 per share, in a registered direct offering. The gross proceeds to the Company from the financing are approximately $2.0 million before deducting estimated offering expenses. For more details of the financing, please see the Company’s Report on Form 6-K to be filed on or about January 21, 2021. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of thes
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TAOP
News
- Taoping Reports 59% Surge in Revenue for Full Year 2023; Company Expects Continued Growth in 2024 [Yahoo! Finance]Yahoo! Finance
- Taoping Reports 59% Surge in Revenue for Full Year 2023; Company Expects Continued Growth in 2024PR Newswire
- Taoping reports 53% rise in Q1 total contract revenue value to $8.3M [Seeking Alpha]Seeking Alpha
- Taoping Reports Record 1Q 2024 Contract Revenue with 53% Increase Compared to 1Q 2023 [Yahoo! Finance]Yahoo! Finance
- Taoping Reports Record 1Q 2024 Contract Revenue with 53% Increase Compared to 1Q 2023PR Newswire
TAOP
Sec Filings
- 4/25/24 - Form 20-F
- 4/25/24 - Form 6-K
- TAOP's page on the SEC website