Tantech Flies And Falls In No Time: What’s Going On?

Tantech Holdings Ltd., a Chinese developer and manufacturer of advanced technologies for the telecommunications industry, today announced that it has launched a supported public offering of its overall shares. TANH stock strikes 50% and loses the same as of today, dropping the price from $1.50 to $0.86. A shelf signing statement relating to the proposed offering of stock has been announced functional and deserved by the SEC.

A preliminary prospectus supplement and accompanying prospectus relating to this offering have been filed with the US Securities and Exchange Commission. These documents may be attained, when possible, by sending a request to Aegis Capital Corp. at Syndicate Department.

Tantech is a bamboo-based charcoal company established in China. It provides various types of charcoal products for various applications in the home cooking, cleaning, and industrial sectors. The company’s products are under the Algold, Air Purifier, and Odor Control brands. It also offers bamboo vinegar, a liquid byproduct that is used in various household products, such as soap and detergents. In addition, the company engages in the sales of electric buses and cars.