淘屏美股招股说明书(2023-09-26版)

424B31form424b3.htm FiledPursuanttoRule424(b)(3)RegistrationNo.333-274153 ProspectusSupplementNo.1toProspectusdatedAugust30,2023 TAOPINGINC. Upto20,043,394OrdinaryShares ThisProspectusSupplementNo.1(“ProspectusSupplementNo.1”)amendsandsupplementstheprospectusdatedAugust30,2023assupplementedoramendedfromtimetotime(the“Prospectus”),whichformsapartofourRegistrationStatementonFormF-1(RegistrationStatementNo.333-274153).ThisProspectusSupplementNo.1isbeingfiledtoupdateandsupplementtheinformationincludedorincorporatedbyreferenceintheProspectuswiththeinformationcontainedinourReportonForm6-K,whichwasfurnishedtotheSecuritiesandExchangeCommissiononSeptember1,2023(the“Form6-K”).Accordingly,wehaveattachedtheForm6-KtothisProspectusSupplementNo.1. ThisProspectusSupplementNo.1updatesandsupplementstheinformationintheProspectusandisnotcompletewithout,andmaynotbedeliveredorutilizedexceptincombinationwith,theProspectus,includinganyamendmentsorsupplementsthereto.ThisProspectusSupplementNo.1shouldbereadinconjunctionwiththeProspectusandifthereisanyinconsistencybetweentheinformationintheProspectusandthisProspectusSupplementNo.1,youshouldrelyontheinformationinthisProspectusSupplementNo.1. OurOrdinarySharesaretradedunderthesymbol“TAOP”ontheNasdaqCapitalMarket.OnSeptember25,2023,theclosingpriceofourOrdinarySharesontheNasdaqCapitalMarketwas$2.36. Wearea“foreignprivateissuer”underapplicablefederalsecuritieslawsand,assuch,wehaveelectedtocomplywithcertainreducedpubliccompanyreportingrequirementsfortheProspectusandfuturefilings. INVESTINGINOURSECURITIESINVOLVESAHIGHDEGREEOFRISK.YOUSHOULDCAREFULLYREADANDCONSIDERTHE“RISKFACTORS”BEGINNINGONPAGE8OFTHEPROSPECTUS. NeithertheSecuritiesandExchangeCommissionnoranystatesecuritiescommissionhasapprovedordisapprovedofthesesecuritiesordeterminedifthisprospectusistruthfulorcomplete.Anyrepresentationtothecontraryisacriminaloffense. ThedateofthisProspectusSupplementNo.1isSeptember26,2023. UNITEDSTATES SECURITIESANDEXCHANGECOMMISSION WASHINGTON,D.C.20549 FORM6-K REPORTOFFOREIGNPRIVATEISSUERPURSUANTTORULE13a-16OR15d-16OFTHESECURITIESEXCHANGEACTOF1934 Forthemonthof,September2023 CommissionFileNumber001-35722 TAOPINGINC. (Translationofregistrant’snameintoEnglish) 21stFloor,EverbrightBankBuildingZhuzilin,FutianDistrict Shenzhen,Guangdong,518040People’sRepublicofChina (Addressofprincipalexecutiveoffices) IndicatebycheckmarkwhethertheregistrantfilesorwillfileannualreportsundercoverofForm20-ForForm40-F:Form20-F☒Form40-F☐ IndicatebycheckmarkiftheregistrantissubmittingtheForm6-KinpaperaspermittedbyRegulationS-TRule101(b)(1):☐ IndicatebycheckmarkiftheregistrantissubmittingtheForm6-KinpaperaspermittedbyRegulationS-TRule101(b)(7):☐ EXPLANATORYNOTE TaopingInc.(the“Company”)isfurnishingthisForm6-KtoprovidetheunauditedconsolidatedfinancialstatementsforthesixmonthsendedJune30,2023and2022andincorporatesuchfinancialstatementsintotheCompany’sregistrationstatementsreferencedbelow. ThisForm6-KisherebyincorporatedbyreferenceintotheregistrationstatementsoftheCompanyonFormS-8(RegistrationNumbers333-256600and333-211363),FormF-3(RegistrationNumbers333-262181and333-229323)andFormF-1(RegistrationNumber333-274153)totheextentnotsupersededbydocumentsorreportssubsequentlyfiledorfurnishedbytheCompanyundertheSecuritiesActof1933,asamended,ortheSecuritiesExchangeActof1934,asamended. FORWARD-LOOKINGINFORMATION ThisReportonForm6-Kcontainsforward-lookingstatementsandinformationrelatingtousthatarebasedonthecurrentbeliefs,expectations,assumptions,estimatesandprojectionsofourmanagementregardingourcompanyandindustry.Whenusedinthisreport,thewords“may”,“will”,“anticipate”,“believe”,“estimate”,“expect”,“intend”,“plan”andsimilarexpressions,astheyrelatetousorourmanagement,areintendedtoidentifyforward-lookingstatements.Thesestatementsreflectmanagement’scurrentviewofusconcerningfutureeventsandaresubjecttocertainrisks,uncertaintiesandassumptions,includingamongmanyothers:ourpotentialinabilitytoachieveorsustainprofitabilityorreasonablypredictourfutureresultsduetoourlimitedoperatinghistoryofprovidingsmartcloudservices,ourindependentregisteredauditors’substantialdoubtaboutourabilitytocontinueasagoingconcern,unfavorableeconomicconditionsthatmayaffecttheleveloftechnologyandOut-of-Homeadvertisingspendingbyourcustomers,theemergenceofadditionalcompetingtechnologies,changesindomesticandforeignlaws,regulationsandtaxes,uncertaintiesrelatedtoChina’slegalsystemandeconomic,politicalandsocialeventsinChina,thevolatilityofthesecuritiesmarkets,andotherrisksanduncertaintieswhicharegenerallysetforthundertheheading,“Keyinformation-RiskFactors”andelsewhereinourAnnualReportonForm20-FfiledonApril25,2023(the“AnnualReport”).Shouldanyoftheserisksoruncertaintiesmaterialize,orshouldtheunderlyingassumptionsaboutourbusinessandthecommercialmarketsinwhichweoperateproveincorrect,actualresultsmayvarymateriallyfromthosedescribedasanticipated,estimatedorexpectedintheAnnualReport. Allforward-lookingstatementsincludedhereinattributabletousorotherpartiesoranypersonactingonourbehalfareexpress