TAOP 6-K
Taoping Inc. (TAOP)
UNITEDSTATES
SECURITIESAND EXCHANGE COMMISSION
WASHINGTON,D.C. 20549
FORM6-K
REPORTOF FOREIGN PRIVATE ISSUER
PURSUANTTO RULE 13a-16 OR 15d-16 OF THE
SECURITIESEXCHANGE ACT OF 1934
Forthe month of July 2021
CommissionFile Number 001-35722
TAOPINGINC.
(Translation of registrant’s name into English)
21^st^Floor, Everbright Bank BuildingZhuzilin, Futian DistrictShenzhen, Guangdong, 518040People’s Republic of China
(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 [X] Form 40-F [ ]
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): [ ]
Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): [ ]
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.
| Date:<br> July 1, 2021 | TAOPING INC. | |
|---|---|---|
| By: | /s/ Jianghuai Lin | |
| Jianghuai<br> Lin | ||
| Chief<br> Executive Officer |
EXHIBIT INDEX
| Exhibit | Description |
|---|---|
| 99.1 | Press Release, dated July 1, 2021 |
Exhibit99.1
TAOPAnnounces Appointment of Chief Marketing Officer and Provides Business Updates
SHENZHEN, Jul. 1, 2021 — Taoping Inc. (NASDAQ: TAOP, the “Company” or “TAOP”), a provider of blockchain technology and smart cloud services, today provides an update of its business and announces the promotion of Huan Li, current director of Digital Culture Business Division, to concurrently serve as the Company’s Chief Marketing Officer. Mr. Li will oversee all product marketing, brand strategy, direct and digital marketing, data analytics and marketing operations.
“Since joining TAOP in March, Mr. Li has proven to be an experienced marketing leader with keen market observations and strong market development abilities, and his presence has been felt across the entire company,” said Mr. Jianghuai Lin, Chairman and CEO of TAOP, “We believe his elevated role will ensure the execution of the Company’s market expansion agenda.”
Business Updates:
| ● | As previously<br> disclosed, on June 9, 2021, the Company closed its acquisition of Taoping New Media. The Company expects to book advertising revenues<br> starting from June 2021. |
|---|---|
| ● | On June 24-26, 2021, TAOP<br> attended the 18th China Outdoor Communication Conference hosted by Asia OOH in Chengdu, China. At the conference, TAOP received the<br> “Top Media in Shopping District” Award for its innovation in out-of-home advertising with digital transformation and<br> multi-scene applications. |
| ● | The Company’s previously-announced<br> acquisition of Render Lake is currently being reviewed by relevant Canadian authorities and the Company will work diligently to cooperate<br> fully with the authorities to complete the review as soon as possible. |
| ● | The Company’s NFT<br> business continues as planned and the Company currently does not expect any negative impact from China’s recent ban on digital<br> asset mining on its NFT business. |
| ● | The Company’s G Cloud<br> Data Centers in Dongguan and Hong Kong are running smoothly. In the meantime, the Company is actively seeking overseas locations<br> to expand footprints of Taoping G Cloud Data Centers. |
AboutTaoping Inc.
Taoping Inc. (TAOP) is an integrated group of technology and financial companies with business in Mainland China, Hong Kong, and other overseas countries. Relying on its unique strengths in cloud technology and chip supply chain, TAOP provides solutions and cloud services to industries such as film and television production, education, new media, artificial intelligence and asset management. The Company is dedicated to the research and application of blockchain technology as well as investment and management of financial assets at home and abroad. To learn more, please visit http://www.taop.com/.
SafeHarbor Statement
This press release may contain certain “forward-looking statements” relating to the business of Taoping Inc., and its subsidiaries and other consolidated entities. All statements, other than statements of historical fact included herein, are “forward-looking statements” in nature within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements, often identified by the use of forward-looking terminologies such as “believes”, “expects” or similar expressions, involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company’s actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company’s periodic reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov). All forward-looking statements attributable to the Company and its subsidiaries and other consolidated entities or persons acting on their behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.
Forfurther information, please contact:
TaopingInc.
Chang Qiu
Email: [email protected]
http://www.taop.com/
or
DragonGate Investment Partners LLC
Tel: +1(646)-801-2803
Email: [email protected]