The9

The9 Signed a Definitive Share Purchase Agreement to Invest in GenAI LLM Digital Precision Medicine Platform for Brain Disease WM Therapeutic

Retrieved on: 
Tuesday, March 26, 2024
Diagnosis, Depression, Sleep, The9, Synthetic media, Annual report, Myenteric plexus, Agreement, Disease, Alzheimer's disease, Central nervous system, Attention deficit, Bipolar disorder, Anxiety, AI, IPO, Insurance, Sympathetic nervous system, LLM, Drug development, WM, Spectrum, Good, Generative, Pharmaceutical industry

SHANGHAI, March 26, 2024 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9"), an established Internet company, today announced that it signed a definitive share purchase agreement (the "Agreement") with WM Therapeutic Co., Ltd. ("WM Therapeutic"), a company operating Generative AI (GenAI) large language model (LLM) multi-dimensional and multi-omics digital precision medicine platform for brain disease, to purchase an additional 21.7% shares of WM Therapeutic by cash and issuance of The9's restricted shares.

Key Points: 
  • SHANGHAI, March 26, 2024 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9"), an established Internet company, today announced that it signed a definitive share purchase agreement (the "Agreement") with WM Therapeutic Co., Ltd. ("WM Therapeutic"), a company operating Generative AI (GenAI) large language model (LLM) multi-dimensional and multi-omics digital precision medicine platform for brain disease, to purchase an additional 21.7% shares of WM Therapeutic by cash and issuance of The9's restricted shares.
  • With the signing of this Agreement, The9 will own 30% of WM Therapeutic.
  • The9 is also granted a purchase option to purchase up to 51% of the total shares of WM Therapeutic under certain conditions.
  • WM Therapeutic develops GenAI large language model brain disease screening platform and digital human personalized psychological consultant, AI precision diagnostic equipment, personalized neuromodulation treatment equipment, Generative AI large language model and AI drug clinical research platform.

The9 Signed a Legally Binding Term Sheet with a Leading AI SaaS Legal Service Platform 365LAWHELP.COM

Retrieved on: 
Wednesday, February 21, 2024
CFO, Daily, Term sheet, Artificial intelligence, AI, Risk management, Confidentiality, Database, Annual report, IPO, Software as a service, Intellectual property, Machine learning, The9

Established in 2019, Fazhidao owns and operates 365LAWHELP.COM and mobile app FaBaoWang, a leading artificial intelligence (AI) Software as a service (SaaS) legal service platform in China.

Key Points: 
  • Established in 2019, Fazhidao owns and operates 365LAWHELP.COM and mobile app FaBaoWang, a leading artificial intelligence (AI) Software as a service (SaaS) legal service platform in China.
  • Daily service data feeds back to the large-scale AI legal model at the same time, continuously improving the service quality.
  • 365LAWHELP.COM develops AI legal Generative Pre-trained Transformer (Gpt) which provides the legal advice that complies with the laws and regulations based the platform's real-time data.
  • Our proprietary AI SaaS legal technology has already obtained 52 Software invention patents, copyrights and trademarks in China.

The9 Signed a Legally Binding Term Sheet with a Leading AI SaaS Legal Service Platform 365LAWHELP.COM

Retrieved on: 
Wednesday, February 21, 2024
CFO, Term sheet, Artificial intelligence, AI, Risk management, Confidentiality, Database, Annual report, IPO, Software as a service, Intellectual property, Machine learning, The9

Established in 2019, Fazhidao owns and operates 365LAWHELP.COM and mobile app FaBaoWang, a leading artificial intelligence (AI) Software as a service (SaaS) legal service platform in China.

Key Points: 
  • Established in 2019, Fazhidao owns and operates 365LAWHELP.COM and mobile app FaBaoWang, a leading artificial intelligence (AI) Software as a service (SaaS) legal service platform in China.
  • Daily service data feeds back to the large-scale AI legal model at the same time, continuously improving the service quality.
  • 365LAWHELP.COM develops AI legal Generative Pre-trained Transformer (Gpt) which provides the legal advice that complies with the laws and regulations based the platform's real-time data.
  • Our proprietary AI SaaS legal technology has already obtained 52 Software invention patents, copyrights and trademarks in China.

The9's Chairman and CEO to Purchase No More Than 10% of The9 ADSs in the Open Market

Retrieved on: 
Friday, January 19, 2024
The9, Growth

SHANGHAI, Jan. 19, 2024 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9" or the "Company"), an established Internet company, today announced that it was informed by its Chairman and CEO, Jun Zhu, of his intention to use personal funds to purchase up to 10% of the Company's outstanding American depositary shares in the open market from time to time at prevailing market prices in accordance with applicable rules and regulations.

Key Points: 
  • SHANGHAI, Jan. 19, 2024 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9" or the "Company"), an established Internet company, today announced that it was informed by its Chairman and CEO, Jun Zhu, of his intention to use personal funds to purchase up to 10% of the Company's outstanding American depositary shares in the open market from time to time at prevailing market prices in accordance with applicable rules and regulations.
  • "As the Chairman and CEO, I must follow all the rules and regulations on purchasing Company's shares in the open market in strict compliance," Mr. Zhu said in a statement about his purchase plan.
  • "Market is currently very volatile, but I believe in the Company's business potential and our goal of achieving long-term growth for the Company."

The9 Limited Filed Annual Report on Form 20-F for Fiscal Year 2022 and Adopted Tenth Amended and Restated 2004 Stock Option Plan

Retrieved on: 
Monday, May 1, 2023
Annual report, The9, Bank statement, Cryptocurrency, Security (finance)

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/ .

Key Points: 
  • 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.
  • On April 29, 2023, as approved and authorized by the board of directors of the Company, the Company adopted Tenth Amended and Restated 2004 Stock Option Plan (the "Amended Plan").
  • The Amended Plan amends and restates the previously adopted Ninth Amended and Restated 2004 Stock Option Plan (the "Original Plan") of the Company in its entirety and assumes all awards granted under the Original Plan.

The9 Limited Announces Result of Annual General Meeting

Retrieved on: 
Monday, December 19, 2022
Annual general meeting, Annual, The9, Television

SHANGHAI, Dec. 19, 2022 /PRNewswire/ -- The9 Limited (the "Company") (Nasdaq: NCTY), an established Internet company, today announced that the following proposed resolution submitted for shareholder approval has been duly adopted at its annual general meeting of shareholders held in Shanghai today:

Key Points: 
  • SHANGHAI, Dec. 19, 2022 /PRNewswire/ -- The9 Limited (the "Company") (Nasdaq: NCTY), an established Internet company, today announced that the following proposed resolution submitted for shareholder approval has been duly adopted at its annual general meeting of shareholders held in Shanghai today:
    as an ordinary resolution, that Mr. Jun Zhu be re-elected and appointed as a Class III Director of the Company, effective from the closing of the Annual General Meeting held today, to serve for a three (3) year term ending at the 2025 Annual General Meeting or until his successor is duly elected and qualified.
  • The9 Limited ("The9") is an Internet company based in China listed on Nasdaq in 2004.
  • The9 has aimed to become a diversified high-tech Internet company.

NFTSTAR leads its NFT superstar squad to arrive at The Sandbox ahead of the World Football Championships

Retrieved on: 
Monday, November 14, 2022
Ecosystem, Growth, Ecology, Technology, NFT, IPS, Atari, Stadium, Open world, Sport, CryptoKitties, Food Bank Singapore, LOS, Partnership, Global Sports Communication, Entrepreneurship, IP, Rabbids, Sandbox game, Care Bears, Music, COO, Ubisoft, Animoca Brands, American Music Awards, The9, Non-fungible token, CEO, Warner Music Group, Greeting, Walking Dead, Solution, Video game, Film, Web3, The Smurfs, Adidas, Sandbox

SINGAPORE and LOS ANGELES, Nov. 14, 2022 /PRNewswire/ -- Prolific Brazilian player Neymar JR., Asian football superstar Son Heung-Min and Portuguese football legend Luis Figo will all be featured at NFTSTAR's new residence on The Sandbox, the leading decentralised gaming virtual world and a subsidiary of Animoca Brands.

Key Points: 
  • Abe Ren, Co-Founder of NFTSTAR notes, "We are excited to partner with The Sandbox metaverse as a way to promote our own brand, celebrities and proprietary NFTs.
  • As a first step, NFTSTAR enlists Smobler Studios, an investee studio and one of the preferred and official builders of The Sandbox for this partnership.
  • It specializes in world building, brand marketing, IP creation and metaverse development for The Sandbox Game.
  • Its recent clients include Mighty Jaxx, 1-Group, The Food Bank Singapore and Tools of Rock NFT amongst others.

NFTSTAR leads its NFT superstar squad to arrive at The Sandbox ahead of the World Football Championships

Retrieved on: 
Monday, November 14, 2022
Animoca Brands, COO, Greeting, Open world, Food Bank Singapore, Stadium, Technology, Entrepreneurship, IPS, Growth, Ecology, Sandbox game, Partnership, Walking Dead, American Music Awards, Atari, Global Sports Communication, NFT, IP, CEO, Ubisoft, Non-fungible token, Solution, Warner Music Group, Rabbids, The9, CryptoKitties, Sport, Music, Ecosystem, Care Bears, Video game, The Smurfs, Web3, Sandbox, Adidas

SINGAPORE, Nov. 14, 2022 /PRNewswire/ -- Prolific Brazilian player Neymar JR., Asian football superstar Son Heung-Min and Portuguese football legend Luis Figo will all be featured at NFTSTAR's new residence on The Sandbox, the leading decentralised gaming virtual world and a subsidiary of Animoca Brands.

Key Points: 
  • Abe Ren, Co-Founder of NFTSTAR notes, "We are excited to partner with The Sandbox metaverse as a way to promote our own brand, celebrities and proprietary NFTs.
  • As a first step, NFTSTAR enlists Smobler Studios, an investee studio and one of the preferred and official builders of The Sandbox for this partnership.
  • It specializes in world building, brand marketing, IP creation and metaverse development for The Sandbox Game.
  • Its recent clients include Mighty Jaxx, 1-Group, The Food Bank Singapore and Tools of Rock NFT amongst others.

NFTSTAR and Neymar Jr. to release Beastmode Metaverse HUMAN NFT drop

Retrieved on: 
Thursday, November 10, 2022
Metaverse, Blockchain, Multimedia, TIME, View, Brazilian, Movement, NFT, UTC, The9, MINT, Non-fungible token, Ownership, Cryptocurrency, Renewable energy, Nasdaq

The collaboration so far has been a huge success, with the first drop of Beastmode Metaverse, named 'JungleVIBES', hitting over 60,000 freemints worldwide and reaching a large portion of Neymar Jr.'s constantly growing fanbase.

Key Points: 
  • The collaboration so far has been a huge success, with the first drop of Beastmode Metaverse, named 'JungleVIBES', hitting over 60,000 freemints worldwide and reaching a large portion of Neymar Jr.'s constantly growing fanbase.
  • Beastmode Metaverse is excited to release its next special edition drop for the biggest fans of Neymar Jr. and the project, titled 'Beastmode Metaverse x Neymar Jr.: Episode 01 - HUMAN', on 11 November globally.
  • Find the times of the release in important regions below:
    November 11 Mint Launch Events:
    Visit https://nftstar.com/ for details of Beastlist, Junglelist & VIBElist.
  • Following the new drop, Neymar Jr. will join an NFT-Launch live stream on his official Facebook page, elaborating the new NFT Episode 01 and announcing the Beastmode Football Festival event winners at the official minting time on 11th November.

NFTSTAR and Neymar Jr. to release Beastmode Metaverse HUMAN NFT drop

Retrieved on: 
Thursday, November 10, 2022
Metaverse, Blockchain, TIME, Brazilian, Movement, NFT, UTC, The9, MINT, Non-fungible token, Ownership, Cryptocurrency, Renewable energy, Nasdaq

The collaboration so far has been a huge success, with the first drop of Beastmode Metaverse, named 'JungleVIBES', hitting over 60,000 freemints worldwide and reaching a large portion of Neymar Jr.'s constantly growing fanbase.

Key Points: 
  • The collaboration so far has been a huge success, with the first drop of Beastmode Metaverse, named 'JungleVIBES', hitting over 60,000 freemints worldwide and reaching a large portion of Neymar Jr.'s constantly growing fanbase.
  • Beastmode Metaverse is excited to release its next special edition drop for the biggest fans of Neymar Jr. and the project, titled 'Beastmode Metaverse x Neymar Jr.: Episode 01 - HUMAN', on 11 November globally.
  • Find the times of the release in important regions below:
    November 11 Mint Launch Events:
    Visit https://nftstar.com/ for details of Beastlist, Junglelist & VIBElist.
  • Following the new drop, Neymar Jr. will join an NFT-Launch live stream on his official Facebook page, elaborating the new NFT Episode 01 and announcing the Beastmode Football Festival event winners at the official minting time on 11th November.