Taoping shares surge 35.98% pre-market after completing $21.36 million acquisition of Skyladder Group via share issuance.

Taoping Inc. surged 35.98% in premarket trading following the announcement that it completed the acquisition of Skyladder Group Limited for approximately $21.36 million, paid entirely in restricted shares. The deal, finalized on November 26, 2025, involves issuing 7,882,921 ordinary shares subject to transfer restrictions that will be lifted upon meeting specific revenue and profit targets. A supplemental agreement added a near-term performance benchmark: unlocking 1,576,584 shares if Skyladder achieves RMB 8.16 million in revenue and RMB 440,000 in net profit by December 31, 2025. The acquisition, which is nearly five times Taoping’s current market capitalization, signals a strategic expansion into digital advertising and cloud-based platforms, with the performance-based structure incentivizing post-acquisition growth. The premarket rally reflects investor optimism about the transaction’s potential to drive value through Skyladder’s integration and future earnings milestones.