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 June 2024

 

Commission File Number: 001-36885

 

TANTECH HOLDINGS LTD

(Registrant’s name)

 

c/o Tantech Holdings (Lishui) 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 of Form 20-F or Form 40-F.:

 

Form 20-F ☒     Form 40-F ☐

 

 

 

 

EXPLANATORY NOTE

 

As previously reported, on May 20, 2024, The Nasdaq Stock Market LLC (“Nasdaq”) notified Tantech Holdings Ltd (the “Company”) that since the Company had not yet filed its Form 20-F for the year ended December 31, 2023 (the “Filing”), it no longer complied with the periodic filing requirement for The Nasdaq Stock Market pursuant to Listing Rule 5250(c)(1) (the “Rule”). Under the Rule, the Company had 60 calendar days to submit a plan to regain compliance. The Company subsequently submitted the Filing on June 11, 2024.

 

On June 14, 2024, the Company received a letter from Nasdaq notifying the Company that, based on the June 11, 2024 filing of the Company’s Form 20-F for the period ended December 31, 2023, Nasdaq has determined that the Company complies with the Rule. Accordingly, the matter has been closed.

 

A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 6-K and is incorporated herein by reference.

 

 
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EXHIBIT INDEX

 

Exhibit

Description

99.1

Press release dated June 17, 2024, entitled “Tantech Holdings Ltd Regains Compliance with Nasdaq”

 

 
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SIGNATURES

 

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.

 

 

TANTECH HOLDINGS LTD

 

 

 

 

 

Date: June 17, 2024

By:

/s/ Wangfeng Yan

 

 

Name: 

Wangfeng Yan

 

 

Title:

Chief Executive Officer

 

 

 

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 0001477932-24-003719tanh_ex991.htm

 

EXHIBIT 99.1

 

Tantech Holdings Ltd Regains Compliance with Nasdaq

 

LISHUI, China, June 17, 2024 /PRNewswire/ -- Tantech Holdings Ltd (NASDAQ: TANH) (“Tantech” or the “Company”) announced today that it received notification from The Nasdaq Stock Market LLC (“Nasdaq”) confirming the Company has regained compliance with the periodic filing requirement for Nasdaq under Listing Rule 5250(c)(1). Nasdaq noted this matter is now closed. 

 

About Tantech Holdings Ltd 

 

For the past decade, Tantech has been a highly specialized high-tech enterprise producing, researching and developing bamboo charcoal-based products with an established domestic and international sales and distribution network. Since 2017, when the Company acquired 70% of Shangchi Automobile, a vehicle manufacturer based in Zhangjiagang City, Jiangsu Province, it has manufactured and sold vehicles. The Company established two new subsidiaries, Lishui Smart New Energy Automobile Co., Ltd. and Zhejiang Shangnilai Technology Co., Ltd (formerly, Zhejiang Shangchi New Energy Automobile Co., Ltd.), in November 2020, to produce and sell street sweepers and other electric vehicles. The Company is fully ISO 90000 and ISO 14000 certified and has received a number of national, provincial and local honors, awards and certifications for its products and scientific research efforts. The Company's subsidiary, First International Commercial Factoring (Shenzhen) Co., LTD, is engaged in commercial factoring for businesses in and related to its supply chain. For more information, please visit: https://tanhtech.com.

 

Forward-Looking Statements

 

This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning the sales, plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government regulations, and other risks contained in reports filed by the Company with the Securities and Exchange Commission. All such forward-looking statements, whether written or oral, and whether made by or on behalf of the Company, are expressly qualified by this cautionary statement and any other cautionary statements which may accompany the forward-looking statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.

 

For more information, please contact:

 

Tantech Holdings Ltd

Investor Relations

Tel: +86 (578) 226-2305

ir@tantech.cn

 

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