Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k)
29 April 2022 - 6:02AM
Edgar (US Regulatory)
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
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of April 2022
Commission File Number: 001-36885
TANTECH HOLDINGS LTD
(Translation of registrant’s name into English)
c/o
Zhejiang Forest Bamboo Technology Co., Ltd.
No.
10 Cen Shan Road, Shuige Industrial Zone
Lishui
City, Zhejiang Province 323000
+86-578-226-2305
(Address of principal
executive offices)
Indicate by check mark whether the registrant files or will file annual
reports under cover Form 20-F or Form 40-F.
Indicate by check mark if the registrant is submitting the Form 6-K
in paper as permitted by Regulation S-T Rule 101(b)(1): ¨
Indicate by check mark if the registrant is submitting the Form 6-K
in paper as permitted by Regulation S-T Rule 101(b)(7): ¨
Explanatory Note:
On April 28, 2022, the Registrant received a letter
from the Listings Qualifications Department of The Nasdaq Stock Market LLC (the “Nasdaq”) notifying the Registrant that the
minimum closing bid price per share for its common shares was below $1.00 for a period of 30 consecutive business days and that the Registrant
did not meet the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2). This current report is filed pursuant to Nasdaq
Listing Rule 5810(b). The Nasdaq notification letter does not result in the immediate delisting of the Registrant’s common shares,
and the shares will continue to trade uninterrupted under the symbol “TANH.”
Pursuant to Nasdaq Listing Rule 5810(c)(3)(A),
the Registrant has a compliance period of 180 calendar days, or until October 25, 2022 (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 per share
of the Registrant's common shares is at least $1.00 for a minimum of 10 consecutive business days, Nasdaq will provide the Registrant
a written confirmation of compliance and the matter will be closed.
In the event the Registrant does not regain compliance
by October 25, 2022, the Registrant may be eligible for an additional 180 calendar day grace period. To qualify, the Registrant will be
required to meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for
Nasdaq, 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, including by effecting a reverse stock split, if necessary. If the Registrant chooses to implement
a reverse stock split, it must complete the split no later than ten business days prior to the expiration of the second compliance period.
On April 28, 2022, the Registrant issued a press
release entitled “Tantech Receives NASDAQ Notification Regarding Minimum Bid Requirements.” A copy of the please release is
filed as Exhibit 99.1 to this Current Report on Form 6-K and is incorporated herein by reference.
Exhibits
SIGNATURE
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.
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Tantech Holdings Ltd |
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| Date: April 28, 2022 |
By: |
/s/ Wangfeng Yan |
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Wangfeng Yan |
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Chief Executive Officer |
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