- Tantech Holdings Ltd TANH said it intends to offer its securities in a public offering.
- The company plans to use the net proceeds from the offering for general corporate purposes, including working capital and other business opportunities.
- Tantech did not disclose the actual size or terms of the offering.
- The company regained compliance with NASDAQ's minimum bid price requirement on March 14, 2022.
- Price Action: TANH shares are trading lower by 57.7% at $0.68 in premarket on the last check Wednesday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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