0001477932-26-001760
SEC filingTantech Holdings Ltd disclosed a note exchange agreement and Nasdaq bid price non-compliance notice in its March 31, 2026 Form 6-K filing.
The Form 6-K includes two material disclosures for TANH investors. First, the Exchange Agreement with Streeterville Capital reduces the company's outstanding debt from its August 2024 promissory note by $45,000 in exchange for 74,478 common shares that will be freely tradable under Rule 144, eliminating debt without cash expenditure but resulting in minor share dilution. Second, the Nasdaq non-compliance notification exposes the company to potential delisting risk if it fails to maintain a $1.00 minimum bid price for 10 consecutive business days by September 22, 2026. The company is evaluating remediation options including a reverse stock split, though there is no assurance it will regain compliance to avoid delisting proceedings.