Taoping Updates Share Unlock Terms in Acquisition of Target Company
Taoping Holdings Limited has updated the share unlock terms in its acquisition of Skyladder Holding Limited. The target company must achieve specific performance criteria by December 2025, including RMB 8.16 million in revenue and RMB 440,000 in net profit. If met, 1,576,584 shares will be unlocked after Taoping's 2026 annual report disclosure. This supersedes previous terms.
Taoping Holdings Limited has signed a supplemental agreement with Skyladder Holding Limited regarding the acquisition of 100% equity interest in a target company. Under the revised terms, the period for evaluating the target company’s performance has been changed to December 1-31, 2025. The target company must achieve audited operating revenue of RMB 8.16 million and net profit (after tax) of RMB 440,000 during this period. If these performance criteria are met, 1,576,584 shares will be unlocked within 20 business days after Taoping discloses its 2026 annual report. The updated agreement supersedes the previous terms regarding performance criteria and share unlocking. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Taoping Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-25-025569), on December 01, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
