Cayman

Dingdong (Cayman) Limited Announces Fourth Quarter 2023 Financial Results

Retrieved on: 
Thursday, February 29, 2024
DDL, RMB, Total, Investment, Marketing, Cayman, COVID-19, City, GMV, Chinese New Year, Environment, Video game

SHANGHAI, Feb. 29, 2024 /PRNewswire/ -- Dingdong (Cayman) Limited ("Dingdong" or the "Company") (NYSE: DDL), a leading fresh grocery e-commerce company in China, with advanced supply chain capabilities, today announced its unaudited financial results for the quarter ended December 31, 2023.

Key Points: 
  • SHANGHAI, Feb. 29, 2024 /PRNewswire/ -- Dingdong (Cayman) Limited ("Dingdong" or the "Company") (NYSE: DDL), a leading fresh grocery e-commerce company in China, with advanced supply chain capabilities, today announced its unaudited financial results for the quarter ended December 31, 2023.
  • Non-GAAP net income for the fourth quarter of 2023 was RMB16.3 million (US$2.3 million), the fifth consecutive quarter of non-GAAP profitability.
  • GMV of Jiangsu and Zhejiang for the fourth quarter of 2023 increased by 3.6% despite the high base resulting  from the pandemic in the same quarter of 2022.
  • Net cash provided by operating activities for the fourth quarter of 2023 was RMB119.8 million (US$ 16.9 million), demonstrating the resilience of our business after COVID-19.

GFL Environmental Inc. Announces Secondary Offering of 17,000,000 Subordinate Voting Shares by Selling Shareholders

Retrieved on: 
Wednesday, February 28, 2024
The Company, Attention, Prospectus, Capital market, Ontario Teachers' Pension Plan, Telephone, News, TSX, RBC Capital Markets, EDGAR, Sale, Floor, BCEC, HPS, Equity capital markets, Form, Communication, Cayman, RBC, GFL, Vesey Street, Offering, Security (finance)

VAUGHAN, ON, Feb. 28, 2024 /PRNewswire/ - GFL Environmental Inc. (NYSE: GFL) (TSX: GFL) ("GFL" or the "Company") today announced that BCEC GFL Borrower (Cayman) LP, Ontario Teachers' Pension Plan Board, GFL Borrower II (Cayman) LP, Poole Private Capital, LLC, and entities affiliated with HPS Investment Partners, LLC (collectively, the "Selling Shareholders") intend to offer for sale 17,000,000 subordinate voting shares (the "Shares").

Key Points: 
  • VAUGHAN, ON, Feb. 28, 2024 /PRNewswire/ - GFL Environmental Inc. (NYSE: GFL) (TSX: GFL) ("GFL" or the "Company") today announced that BCEC GFL Borrower (Cayman) LP, Ontario Teachers' Pension Plan Board, GFL Borrower II (Cayman) LP, Poole Private Capital, LLC, and entities affiliated with HPS Investment Partners, LLC (collectively, the "Selling Shareholders") intend to offer for sale 17,000,000 subordinate voting shares (the "Shares").
  • GFL will not receive any proceeds from the sale of the Shares (the "Offering").
  • RBC Capital Markets, LLC and RBC Dominion Securities Inc. will act as underwriters for the Offering in the United States and Canada, respectively.
  • GFL has filed the Form F-10 registration statement (including a prospectus) with the SEC for the offering to which this communication relates.

Dingdong to Report Fourth Quarter 2023 Financial Results on February 29, 2024

Retrieved on: 
Thursday, February 22, 2024
Cayman, DDL

SHANGHAI, Feb. 22, 2024 /PRNewswire/ -- Dingdong (Cayman) Limited ("Dingdong" or the "Company") (NYSE: DDL), a leading fresh grocery e-commerce company in China, with advanced supply chain capabilities, today announced that it will report its unaudited financial results for the fourth quarter ended December 31, 2023, before U.S. markets open on February 29, 2024.

Key Points: 
  • SHANGHAI, Feb. 22, 2024 /PRNewswire/ -- Dingdong (Cayman) Limited ("Dingdong" or the "Company") (NYSE: DDL), a leading fresh grocery e-commerce company in China, with advanced supply chain capabilities, today announced that it will report its unaudited financial results for the fourth quarter ended December 31, 2023, before U.S. markets open on February 29, 2024.
  • The Company will hold an earnings conference call at 7:00 A.M. Eastern Time on Thursday, February 29, 2024 (8:00 P.M. Beijing Time on the same day) to discuss its financial results.
  • Management's prepared remarks and the question-and-answer session will be conducted in English and Mandarin.
  • Dial-in details for the earnings conference call are as follows:

Infobird Co., Ltd Announces 1-for-8 Share Consolidation and Capital Reduction

Retrieved on: 
Tuesday, February 20, 2024
Artificial intelligence, Corporate action, Capital, Cayman, CUSIP, Queen's Road, Hong Kong, Room

The objective of the Share Consolidation is to enable the Company to regain compliance with Nasdaq Marketplace Rule 5550(a)(2) and maintain its listing on the Nasdaq Capital Market.

Key Points: 
  • The objective of the Share Consolidation is to enable the Company to regain compliance with Nasdaq Marketplace Rule 5550(a)(2) and maintain its listing on the Nasdaq Capital Market.
  • Instead, any fractional shares that would have resulted from the Share Consolidation will be rounded up to the next whole number.
  • The capital reduction will become effective when the Grand Court of the Cayman Islands grants a court order to confirm the Capital Reduction.
  • The Share Consolidation and the Capital Reduction and Reorganization was approved by the Company's board of directors on January 10, 2024 and its shareholders on February 20, 2024.

Shareholders Led by Yi Zhang Announce Successful Results of Removal of Directors and Election of New Directors of YS Biopharma Co., Ltd.

Retrieved on: 
Friday, February 16, 2024
Analysis, Conversation, ICR, Circular, Mourant, Risk, Record, Cooley LLP, Private, Cayman, LLP, Result, APL, YS, EGM, Research, Management

Yi Zhang thanks his fellow shareholders for their support in achieving this positive outcome today.

Key Points: 
  • Yi Zhang thanks his fellow shareholders for their support in achieving this positive outcome today.
  • The actions taken reflect an overwhelming shareholder repudiation of the prior board of directors  of the Company (the "Board") and the total disregard for shareholder perspectives shown by the prior Board and management team.
  • Given the result of the vote, Yi Zhang is confident that YS will now be able to focus its full efforts on executing its business strategy and preserving and growing long-term value for all shareholders.
  • These statements involve risks, uncertainties and other factors that may cause actual results, events or achievements to differ materially from the information expressed or implied by these statements.

VNET DEADLINE ALERT: ROSEN, A LONGSTANDING LAW FIRM, Encourages VNET Group, Inc. Investors with Losses to Secure Counsel Before Important February 26 Deadline in Securities Class Action - VNET

Retrieved on: 
Friday, February 16, 2024
Titan, Court, Class, Plaintiff, Risk, Advertising, Cayman, Insurance

WHAT TO DO NEXT: To join the VNET class action, go to https://rosenlegal.com/submit-form/?case_id=18944 or call Phillip Kim, Esq.

Key Points: 
  • WHAT TO DO NEXT: To join the VNET class action, go to https://rosenlegal.com/submit-form/?case_id=18944 or call Phillip Kim, Esq.
  • WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles.
  • The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
  • 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.

VNET INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In VNET To Contact Him Directly To Discuss Their Options

Retrieved on: 
Thursday, February 15, 2024
Court, News, Advertising, Risk, Woman, Cayman, Executive, LLP, Facility, Cryptocurrency

NEW YORK, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against VNET Group, Inc. (“VNET” or the “Company”) (NASDAQ: VNET) and reminds investors of the February 26, 2024 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

Key Points: 
  • If you suffered losses exceeding $50,000 investing in VNET stock or options between April 8, 2022 and February 15, 2023 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext.
  • Faruqi & Faruqi is a leading minority and Woman-owned national securities law firm with offices in New York, Pennsylvania, California and Georgia.
  • On this news, the Company's share price fell $0.20, or 3.2% on February 13, 2023, on unusually heavy trading volume.
  • Faruqi & Faruqi, LLP also encourages anyone with information regarding VNET’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against VNET, Assertio, Cummins, and Brooge and Encourages Investors to Contact the Firm

Retrieved on: 
Wednesday, February 14, 2024
Complaint, Acquisition, Spectrum, FDA, News, Food, BIA, Sale, Fraud, CMI, Adjustment, Risk, Cayman, Suppository, Rheumatoid arthritis, Executive, Spectrum Pharmaceuticals, Patient, ASRT, Security (finance), Facility, EPS, Defendant, Learning, P.C

Stockholders have until the deadlines below to petition the court to serve as lead plaintiff.

Key Points: 
  • Stockholders have until the deadlines below to petition the court to serve as lead plaintiff.
  • On this news, the Company’s share price fell $0.20, or 3.2% on February 13, 2023, on unusually heavy trading volume.
  • According to the complaint, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and prospects.
  • For more information on the Brooge class action go to: https://bespc.com/cases/BROG

ROSEN, A LEADING LAW FIRM, Encourages VNET Group, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – VNET

Retrieved on: 
Tuesday, February 13, 2024
Titan, Court, Sheng, Class, Risk, Advertising, Cayman, Insurance

WHAT TO DO NEXT: To join the VNET class action, go to https://rosenlegal.com/submit-form/?case_id=18944 or call Phillip Kim, Esq.

Key Points: 
  • WHAT TO DO NEXT: To join the VNET class action, go to https://rosenlegal.com/submit-form/?case_id=18944 or call Phillip Kim, Esq.
  • WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles.
  • The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
  • 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.

Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against VNET Group, Inc. (VNET)

Retrieved on: 
Monday, February 12, 2024
GPM, Court, Suite, Investment, News, Risk, Cayman, Executive, Facility, Defendant, Cryptocurrency

Glancy Prongay & Murray LLP (“GPM”) reminds investors of the upcoming February 26, 2024 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired VNET Group, Inc. (“VNET” or the “Company”) (NASDAQ: VNET ) securities between April 8, 2022 and February 15, 2023, inclusive (the “Class Period”).

Key Points: 
  • Glancy Prongay & Murray LLP (“GPM”) reminds investors of the upcoming February 26, 2024 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired VNET Group, Inc. (“VNET” or the “Company”) (NASDAQ: VNET ) securities between April 8, 2022 and February 15, 2023, inclusive (the “Class Period”).
  • You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at [email protected] to learn more about your rights.
  • To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.
  • Glancy Prongay & Murray LLP, Los Angeles