The9

The9 Limited to Hold Annual General Meeting on December 22, 2020

Saturday, November 21, 2020 - 3:00am

SHANGHAI, Nov. 20, 2020 /PRNewswire/ -- The9 Limited(Nasdaq: NCTY ) (the "Company"), an established Internet company, today announced that it will hold its annual general meeting of shareholders at the 17 Floor, No.

Key Points: 
  • SHANGHAI, Nov. 20, 2020 /PRNewswire/ -- The9 Limited(Nasdaq: NCTY ) (the "Company"), an established Internet company, today announced that it will hold its annual general meeting of shareholders at the 17 Floor, No.
  • No proposal will be submitted for shareholder approval at the annual general meeting.
  • Beneficial owners of the Company's ADSs are welcome to attend the annual general meeting in person.
  • The notice of the annual general meeting is available on the Company's website at http://www.the9.com/en/agms.html .

The9 Limited Announces Receipt of Nasdaq Notice of Deficiency

Tuesday, November 17, 2020 - 5:00am

These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "considers" and similar statements.

Key Points: 
  • These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "considers" and similar statements.
  • A number of important factors could cause actual results to differ materially from those contained in any forward-looking statement.
  • The9 Limited (The9) is an Internet company based in China listed on Nasdaq in 2004.
  • The9 aims to become a diversified high-tech Internet company.

The9 Limited Regains Compliance with Nasdaq Listing Requirement

Tuesday, November 3, 2020 - 1:00pm

SHANGHAI, Nov. 3, 2020 /PRNewswire/ -- The9 Limited ("The9") (Nasdaq: NCTY), an established Internet company, today announced that it received a notification letter from the Nasdaq Stock Market LLC ("Nasdaq") on November 2, 2020 stating that The9 has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) and the matter is now closed.

Key Points: 
  • SHANGHAI, Nov. 3, 2020 /PRNewswire/ -- The9 Limited ("The9") (Nasdaq: NCTY), an established Internet company, today announced that it received a notification letter from the Nasdaq Stock Market LLC ("Nasdaq") on November 2, 2020 stating that The9 has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) and the matter is now closed.
  • The9 Limited (The9) is an Internet company based in China listed on Nasdaq in 2004.
  • The9 aims to become a diversified Internet company.

The9 Announces Closing of US$8.7 Million Underwritten Offering

Monday, October 5, 2020 - 2:00pm

Maxim Group LLC acted as sole book-running manager in connection with the offering.

Key Points: 
  • Maxim Group LLC acted as sole book-running manager in connection with the offering.
  • The offering was conducted pursuant to the Company's registration statement on Form F-1 (File No.
  • A final prospectus relating to the offering was filed with the SEC and is available on the SEC's website at http://www.sec.gov .
  • The9 Limited (The9) is an Internet company based in China listed on Nasdaq in 2004.

The9 Announces Pricing of US$8.7 Million Underwritten Offering

Wednesday, September 30, 2020 - 1:32am

Maxim Group LLC is acting as sole book-running manager in connection with the offering.

Key Points: 
  • Maxim Group LLC is acting as sole book-running manager in connection with the offering.
  • A final prospectus relating to the offering will be filed with the SEC and will be available on the SEC's website at http://www.sec.gov .
  • This press release contains information about the pending offering of the ADSs and the Warrants, and there can be no assurance that the offering will be completed.
  • The9 Limited (The9) is an Internet company based in China listed on Nasdaq in 2004.

The9 and Voodoo Signed Cooperation and Publishing Agreement

Monday, September 21, 2020 - 9:00am

SHANGHAI, Sept. 21, 2020 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9"), an established Internet company, today announced that it has signed an Agreement with Voodoo, a French game developer and publisher.

Key Points: 
  • SHANGHAI, Sept. 21, 2020 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9"), an established Internet company, today announced that it has signed an Agreement with Voodoo, a French game developer and publisher.
  • The9 and Voodoo will collaborate on the publishing and operation of casual games in mainland China.
  • The9 will publish and operate under this agreement two, with an option for a third, casual games with strong IAP (In App Purchase) licensed by Voodoo.
  • Voodoo is one of the world's largest developers and publishers of casual games and hyper-casual games.

The9 Limited Announces Issuance of Restricted Shares to Certain Directors, Employees and Consultants

Wednesday, June 17, 2020 - 12:00pm

Among those restricted Class A ordinary shares grants, 15,600,000 restricted Class A ordinary shares (equivalent to 5,200,000 ADSs) are subject to restrictions on transferability that would be removed once certain pre-agreed performance targets are met, and 13,500,000 restricted Class A ordinary shares (equivalent to 4,500,000 ADSs) are subject to restrictions on transferability for a six-month period that would be removed in installments once certain service period conditions are met.

Key Points: 
  • Among those restricted Class A ordinary shares grants, 15,600,000 restricted Class A ordinary shares (equivalent to 5,200,000 ADSs) are subject to restrictions on transferability that would be removed once certain pre-agreed performance targets are met, and 13,500,000 restricted Class A ordinary shares (equivalent to 4,500,000 ADSs) are subject to restrictions on transferability for a six-month period that would be removed in installments once certain service period conditions are met.
  • In the event that the performance targets or the service period conditions are not met, the underlying restricted Class A ordinary shares may be forfeited and cancelled.
  • The9 Limited (The9) is an Internet company based in China listed on Nasdaq in 2004.
  • The9 aims to become a diversified high-tech Internet company.

The9 Limited Announces the Settlement Deed for its Convertible Notes

Tuesday, June 2, 2020 - 12:00pm

SHANGHAI, June 2, 2020 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9"or the "Company"), an established Internet company, today announced that The9 and Splendid Days Limited, the holder of the senior convertible notes issued and sold by the Company in December 2015 (the "Convertible Notes"), and other relevant parties have entered into a settlement deed primarily relating to Convertible Notes repayment (the "Settlement Deed").

Key Points: 
  • SHANGHAI, June 2, 2020 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9"or the "Company"), an established Internet company, today announced that The9 and Splendid Days Limited, the holder of the senior convertible notes issued and sold by the Company in December 2015 (the "Convertible Notes"), and other relevant parties have entered into a settlement deed primarily relating to Convertible Notes repayment (the "Settlement Deed").
  • Pursuant to the Settlement Deed, the interest rate on the Convertible Notes was retrospectively lowered from 12% to 7% per annum for the period commencing from the original Convertible Notes issuance date till February 21, 2020, the date on which interest stopped to accrue on the Convertible Notes.
  • Subject to the terms and conditions set forth in the Settlement Deed, the interest-free loan of US$5.0 million extended by Ark Pacific Associates Limited, an affiliate of Splendid Days Limited will be waived.
  • The9 Limited (The9) is an Internet company based in China listed on Nasdaq in 2004.

The9 Limited Filed Annual Report on Form 20-F for Fiscal Year 2019

Friday, May 1, 2020 - 4:00am

SHANGHAI, April 30, 2020 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9" or the "Company"), an established Internet company, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2019 with the U.S. Security and Exchange Commission ("SEC") on April 30, 2020.

Key Points: 
  • SHANGHAI, April 30, 2020 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9" or the "Company"), an established Internet company, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2019 with the U.S. Security and Exchange Commission ("SEC") on April 30, 2020.
  • The annual report, which contains its audited financial statements, can be accessed on the SEC's website at http://www.sec.gov as well as on the Company's investor relations website at http://www.the9.com/en/ .
  • Shareholders may receive a hard copy of the annual report free of charge upon request.
  • The9 Limited (The9) is an Internet company based in China listed on Nasdaq in 2004.

The9 Limited Announces Receipt of Nasdaq Notice of Deficiency

Wednesday, April 15, 2020 - 11:00am

The Company's management is looking into various options available to regain compliance and maintain its continued listing.

Key Points: 
  • The Company's management is looking into various options available to regain compliance and maintain its continued listing.
  • These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "considers" and similar statements.
  • The9 Limited (The9) is an Internet company based in China listed on Nasdaq in 2004.
  • The9 aims to become a diversified high-tech Internet company.