Finance in China

Victory Square Technologies Inc. Portfolio Company GameOn Entertainment Technologies Inc. Announces C$1.5 Million Non - Brokered Private Placement

Retrieved on:

Monday, February 22, 2021

GameOn will be the next Victory Square portfolio company going public,following FansUnite Entertainment Inc. which was successfully listed on the CSE in May 2020 (CSE:FANS)

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GameOn will be the next Victory Square portfolio company going public,following FansUnite Entertainment Inc. which was successfully listed on the CSE in May 2020 (CSE:FANS)
VANCOUVER, British Columbia, Feb. 22, 2021 (GLOBE NEWSWIRE) -- Victory Square Technologies Inc. (Victory Square) (CSE:VST) (OTC:VSQTF) (FWB:6F6) is pleased to announce that its portfolio company GameOn Entertainment Technologies Inc. (GameOn) has launched a non-brokered private placement of up to 4,285,715 subscription receipts of GameOn (each a Subscription Receipt) for aggregate gross proceeds of up to CAD$1,500,000 at a price of CAD$0.35 per Subscription Receipt (the SR Offering).
Each SR Unit will consist of one GameOn Share and one-half of one GameOn Share purchase warrant (each whole warrant, an SR Warrant).
Founded in 2018, GameOn empowers sports and entertainment content providers with the worlds simplest and most accessible gamification platform.
Victory Square builds, acquires and invests in promising start-ups, then provides the senior leadership and resources needed to fast-track growth.

AirNet Entered Into Investment Agreement With Northern Shore Group Ltd.

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Friday, February 5, 2021

Financial markets, Finance in China, AirNet Express, N-Shares, American depositary receipt, Finance, Corporate finance

BEIJING, Feb. 5, 2021 /PRNewswire/ -- AirNet Technology Inc., formerly known as AirMedia Group Inc. ("AirNet" or the "Company") (Nasdaq: ANTE), an in-flight solution provider on connectivity, entertainment, and digital multimedia inChina, today announced that on February 4, 2021, it has entered into an investment agreement (the "Agreement") with Northern Shore Group Ltd. ("Northern Shore"), an unaffiliated party of the Company.

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BEIJING, Feb. 5, 2021 /PRNewswire/ -- AirNet Technology Inc., formerly known as AirMedia Group Inc. ("AirNet" or the "Company") (Nasdaq: ANTE), an in-flight solution provider on connectivity, entertainment, and digital multimedia inChina, today announced that on February 4, 2021, it has entered into an investment agreement (the "Agreement") with Northern Shore Group Ltd. ("Northern Shore"), an unaffiliated party of the Company.
The computer servers are valued at US$ 5,540,497.19, representing a per Share consideration of US$0.195, or US$1.95 per American depositary share of the Company (each representing ten Shares).
Incorporated in 2007 and headquartered inBeijing,China, AirNet provides in-flight solutions to connectivity, entertainment and digital multimedia inChina.
Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements.

2020 China LPG Market Analysis by Plant Capacity, Production, Operating Efficiency, Demand & Supply and Import & Export Data - ResearchAndMarkets.com

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Thursday, December 10, 2020

Oil, Gas, Energy, Finance, Financial markets, Economy, Stock market, Market share, Market structure, Marketing strategy, Share, Finance in China, Grupo Vocento, Relative market share

Market Share of Leading Players: Revenue shares of leading players in the country

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Market Share of Leading Players: Revenue shares of leading players in the country

Caledonia Mining Corporation Plc: Sale of securities by director

Retrieved on:

Monday, September 21, 2020

Finance in China, N-Shares, New York Stock Exchange, Helier, Share capital, Companies, New York City, Economy

ST HELIER, Jersey, Sept. 21, 2020 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc (the Company or Caledonia)(NYSE American: CMCL; AIM: CMCL) announces that it has been notified that John Kelly, a director of Caledonia, has sold a total of 13,163 common shares of the Company.

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ST HELIER, Jersey, Sept. 21, 2020 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc (the Company or Caledonia)(NYSE American: CMCL; AIM: CMCL) announces that it has been notified that John Kelly, a director of Caledonia, has sold a total of 13,163 common shares of the Company.
Mr Kelly now holds 16,330 shares which represent a holding of approximately 0.013% of the share capital of the Company.
For further information please contact:

China Automotive Systems Announces Share Repurchase

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Thursday, June 10, 2021

China Automotive Systems, Stock market, Finance in China, Share repurchase, N-Shares, Wuhan, Finance, Companies, Economy, China Automotive Systems, Stock market, Finance in China, Share repurchase, N-Shares, Wuhan, Automotive industry in China, Finance, Companies, Market economics)

WUHAN, China, Aug. 25, 2020 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced that its board of directors approved a share repurchase program of up to $5 million of its outstanding common shares periodically over the next 12 months.

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WUHAN, China, Aug. 25, 2020 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced that its board of directors approved a share repurchase program of up to $5 million of its outstanding common shares periodically over the next 12 months.
The timing of the share repurchases will depend on a variety of factors, including market conditions.
Members of the management team may make share purchases in addition to the Company repurchase.
Based in Hubei Province, the People's Republic of China, China Automotive Systems, Inc. is a leading supplier of power steering components and systems to the Chinese automotive industry, operating through eight Sino-foreign joint ventures.

Revlon to Seek Dismissal of Flawed UMB Bank Litigation Claim

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Friday, August 14, 2020

Cosmetics, Retail, Other Retail, Fashion, Finance in China, Profiteer

We plan to seek dismissal of the suit and will continue to vigorously defend ourselves against these meritless accusations.

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We plan to seek dismissal of the suit and will continue to vigorously defend ourselves against these meritless accusations.
The lenders had plenty of time and many opportunities to attempt to legally block any of these financing transactions.
They did not do so likely because they recognized that no court would support their ploy to profiteer in a crisis.
As we made very clear, these transactions were necessary for Revlon, an iconic American company and employer of 6,500 people, to continue to execute on its transformation plan.

Caledonia Mining Corporation Plc: Sale of securities by director

Retrieved on:

Monday, June 8, 2020

Finance in China, N-Shares, Toronto Stock Exchange, Learmonth, Stock market, Economy, Financial markets

ST HELIER, Jersey, June 08, 2020 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc (NYSE American: CMCL; AIM: CMCL; TSX: CAL) (the Company or Caledonia) announces that it has been notified today that Mark Learmonth, a director of Caledonia, has sold 10,000 depositary interests in common shares of the Company.

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ST HELIER, Jersey, June 08, 2020 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc (NYSE American: CMCL; AIM: CMCL; TSX: CAL) (the Company or Caledonia) announces that it has been notified today that Mark Learmonth, a director of Caledonia, has sold 10,000 depositary interests in common shares of the Company.
Mr Learmonth now holds 139,775 depositary interests which represent a holding of approximately 1.2% of the share capital of the Company.
For further information please contact:

FSD Pharma Inc. Announces C$10.125 Million Private Placement

Retrieved on:

Thursday, June 4, 2020

Alternative medicine, Health, Other Health, General Health, Pharmaceutical, Biotechnology, Corporate finance, Equity securities, Finance in China, N-Shares, Warrant, Finance, Financial economics, Economy

FSD Pharma Inc. (NASDAQ: HUGE) (FSD Pharma or the Company), today announced it has entered into definitive agreements with certain institutional investors for the purchase and sale of 1,500,000 shares of the Companys Class B Subordinate Voting Shares (Shares) at a price of C$6.75 per Share pursuant to a private placement resulting in gross proceeds of approximately C$10.125 million.

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FSD Pharma Inc. (NASDAQ: HUGE) (FSD Pharma or the Company), today announced it has entered into definitive agreements with certain institutional investors for the purchase and sale of 1,500,000 shares of the Companys Class B Subordinate Voting Shares (Shares) at a price of C$6.75 per Share pursuant to a private placement resulting in gross proceeds of approximately C$10.125 million.
The Company has also agreed to issue common share purchase warrants to purchase 1,500,000 Shares of the Company.
The proceeds are expected to be used for working capital and other general corporate purposes.
FSD Pharma Inc. (Nasdaq: HUGE; CSE: HUGE.CN; FRA: 0K9A) is a publicly traded holding company, since May 2018.

Maiden Holdings Regains Compliance with Nasdaq Listing Rules

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Tuesday, June 2, 2020

Professional services, Insurance, Finance, Financial markets, Finance, Economy of New York City, NASDAQ, Finance in China, Maiden Holdings, Investment, N-Shares, Listing, NASDAQ, Nasdaq, Inc.

Maiden Holdings, Ltd. (NASDAQ: MHLD) today announced that it has received notification from Nasdaq that the Company has regained compliance with Nasdaq's minimum bid price and is in compliance with all applicable listing requirements for continued listing.

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Maiden Holdings, Ltd. (NASDAQ: MHLD) today announced that it has received notification from Nasdaq that the Company has regained compliance with Nasdaq's minimum bid price and is in compliance with all applicable listing requirements for continued listing.
Accordingly, the Company's common shares will continue to be listed on the Nasdaq Capital Market.
Maiden Holdings, Ltd. is a Bermuda-based holding company formed in 2007.
View source version on businesswire.com: https://www.businesswire.com/news/home/20200602005905/en/

SORL Auto Parts Announces Completion of Merger

Retrieved on:

Friday, May 15, 2020

Airlines, Aviation, Economy of the United States, Economy of New York City, NASDAQ, US Airways, Finance in China

ZHEJIANG, China, May 15, 2020 (GLOBE NEWSWIRE) -- SORL Auto Parts, Inc. (NASDAQ: SORL)(SORL or the Company), a leading manufacturer and distributor of automotive brake systems as well as other key safety-related auto parts in China, today announced the completion of the merger (the Merger) of the Company with Ruili International Merger Sub Inc. (Merger Sub), a wholly owned subsidiary of Ruili International Inc. (Parent), a Delaware corporation, pursuant to the previously announced Agreement and Plan of Merger (the Merger Agreement), dated as of November 29, 2019, by and among the Company, Parent and Merger Sub.

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ZHEJIANG, China, May 15, 2020 (GLOBE NEWSWIRE) -- SORL Auto Parts, Inc. (NASDAQ: SORL)(SORL or the Company), a leading manufacturer and distributor of automotive brake systems as well as other key safety-related auto parts in China, today announced the completion of the merger (the Merger) of the Company with Ruili International Merger Sub Inc. (Merger Sub), a wholly owned subsidiary of Ruili International Inc. (Parent), a Delaware corporation, pursuant to the previously announced Agreement and Plan of Merger (the Merger Agreement), dated as of November 29, 2019, by and among the Company, Parent and Merger Sub.
As a result of the Merger, SORL became a wholly owned subsidiary of Parent, and the shares of the Company common stock no longer trade on the NASDAQ Global Market (NASDAQ).
Stockholders of record as of the effective time of the Merger who are entitled to the merger consideration will receive a letter of transmittal and instructions on how to surrender their share certificates in exchange for the merger consideration.
As a global tier one supplier of brake and control systems to the commercial vehicle industry, SORL Auto Parts, Inc. (NASDAQ: SORL) is the market leader for commercial vehicles brake systems, such as trucks and buses in China.