Research analysts covering TANTECH HOLDINGS.
Recent press releases and 8-K filings for TANH.
Tantech Holdings Ltd. Reports H1 2025 Financial Results with Increased Net Income and Strategic Acquisition
TANH
Earnings
M&A
Debt Issuance
- Tantech Holdings Ltd. reported a 4.5% decrease in revenues to $20.5 million for the six months ended June 30, 2025, compared to the same period in 2024. Despite this, net income attributable to common stockholders significantly increased by 628% to $9.5 million. However, basic earnings per share (EPS) decreased to $7.39 from $9.38 in the prior year, primarily due to a substantial increase in weighted average shares outstanding following a reverse split.
- The increase in net income was largely driven by a $3.5 million gain from the disposal of its Electric Vehicle business and a $2.3 million gain from the disposal of financing receivables. Concurrently, general and administrative expenses decreased by 60.1% to $1.0 million, mainly due to lower provision for credit losses and professional consulting fees.
- As of June 30, 2025, the company maintained a strong liquidity position with cash and cash equivalents of $32.4 million and a current ratio of 2.8:1. However, cash flow from operations shifted from $4.4 million provided in the first six months of 2024 to $3.4 million used in the first six months of 2025.
- Tantech completed the acquisition of an 85% equity interest in Xintong International for $68.1 million on April 25, 2025, with consideration including the transfer of financing and accounts receivables. Subsequent to the reporting period, the company secured additional financing, including a $3.0 million promissory note and $6.0 million from the issuance of common shares and warrants in October 2025.
Dec 19, 2025, 1:11 PM
Tantech Holdings Ltd. Issues New Note and Converts Debt to Equity
TANH
Debt Issuance
- Tantech Holdings Ltd. entered into a note purchase agreement with Streeterville Capital, LLC on October 14, 2025, issuing a promissory note with an original principal amount of $3,230,000.00 for $3,000,000.00 in gross proceeds, to be used for working capital and general business purposes.
- The note bears an interest rate of 7% per annum, has a twelve-month term, and includes an original issue discount of $210,000.00.
- From October 2 through October 15, 2025, the company completed five separate exchange agreements with Streeterville, converting a total of $520,000.00 in principal from an August 2024 note into 365,343 common shares.
- The new note includes covenants requiring compliance with SEC filings and maintaining NASDAQ or NYSE listing, and allows Streeterville to increase the outstanding balance by up to 25% upon certain trigger events.
Oct 17, 2025, 8:30 PM
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