Tantech Holdings Regains Compliance with NASDAQ Minimum Bid Price Requirement

Company Overview - Tantech Holdings Ltd is a high-tech enterprise specializing in the production, research, and development of bamboo charcoal-based products with a robust domestic and international sales network [2] - Since 2017, the company has owned 70% of Shangchi Automobile, a vehicle manufacturer, and has expanded into manufacturing and selling vehicles [2] - Tantech established two subsidiaries in November 2020 to produce and sell electric vehicles, including street sweepers [2] - The company holds ISO 90000 and ISO 14000 certifications and has received various honors and awards for its products and research efforts [2] Recent Developments - On February 28, 2025, Tantech received confirmation from NASDAQ that it has regained compliance with the minimum bid price requirement under Listing Rule 5550(a)(2) [1]