Taoping to Acquire Skyladder Group in All-Stock Transaction Valued at RMB 152 Million
Taoping Inc. - Ordinary Shares (TAOP)
Company Research
Source: PR Newswire
Transformational Acquisition Expected to Substantially Increase Taoping's Annual Revenue, Expand its Addressable Market, and Leverage its Current Portfolio SHENZHEN, China, Sept. 30, 2025 /PRNewswire/ -- Taoping Inc. (Nasdaq: TAOP, the "Company"), a provider of innovative smart cloud platform services and solutions, today announced the signing of a share purchase agreement to acquire 100% equity in Skyladder Group Limited ("Skyladder Group") valued at approximately RMB 152 million (approximately US$21.36 million). Upon completion of this transaction, Taoping will wholly own Skyladder Group. The Company will leverage AI technology to accelerate its growth as it significantly expands the scope of its comprehensive smart elevator services and further enhances its smart IoT strategy. According to the
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TAOP
Sec Filings
- 12/1/25 - Form 6-K
- 10/1/25 - Form 6-K
- 9/30/25 - Form 6-K
- TAOP's page on the SEC website