Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing

On January 20, 2023, Takung Art Co., Ltd. (the "Company") received an official notice of noncompliance from the NYSE Regulation ("NYSE") stating that the Company is noncompliant with Section 704 of the NYSE American Company Guide (the "Company Guide") for failure to hold an annual meeting for the fiscal year ended December 31, 2021 by December 31, 2022 ("2022 Annual Meeting"). Section 704 of the Company Guide requires an issuer to hold an annual meeting during each fiscal year. The Company expects to hold its Annual Meeting in 2023, at which time the Company will regain compliance with NYSE American LLC's ("NYSE American's") continued listing standards.




Item 8.01. Other Events

On January 25, 2023, the Company issued a press release announcing its receipt of the NYSE Notice. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.





Item 9.01. Exhibits.



 (d) Exhibits




Exhibit
Number    Description
99.1        Press Release dated January 25, 2023.
104       Cover Page Interactive Data File (embedded within the Inline XBRL document)




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