Taitron Components shares fall 33.81% after-hours after announcing voluntary Nasdaq delisting due to reduced shareholder base and high compliance costs.

viernes, 14 de noviembre de 2025, 4:51 pm ET1 min de lectura
TAIT--
Taitron Components plummeted 33.81% in after-hours trading following its announcement of a voluntary Nasdaq delisting due to fewer than 300 shareholders, which triggered the cessation of public reporting obligations. The company cited high compliance costs outweighing the benefits of remaining a public entity, with delisting effective December 4, 2025, and potential quotation on the Pink tier of OTC Markets. Concurrently, the resignation of CFO David Vanderhorst, with CEO Stewart Wang assuming financial duties, added to investor concerns. Third-quarter results revealed a $58,000 net loss and declining revenue, exacerbating fears about the firm’s financial health. The delisting and leadership changes signaled reduced liquidity, operational instability, and waning investor confidence, directly correlating with the steep after-hours decline.

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