NISN

Aurora Institute Welcomes Anpao Duta Flying Earth and Rebecca Midles to Board of Directors

Retrieved on: 
Wednesday, April 3, 2024

Flying Earth and Midles both join the board with decades of experience in the education innovation space, and will bring tremendous knowledge, wisdom, and leadership to the organization.

Key Points: 
  • Flying Earth and Midles both join the board with decades of experience in the education innovation space, and will bring tremendous knowledge, wisdom, and leadership to the organization.
  • The Aurora Institute welcomes Anpao Duta Flying Earth and Rebecca Midles to its Board of Directors.
  • Before serving in his role as Executive Director at NISN, Anpao Duta Flying Earth served as Executive Director of the Native American Community Academy (NACA), a charter school in Albuquerque, New Mexico.
  • "We could not be more thrilled to be welcoming Duta and Rebecca to the Aurora Institute Board," said Tom Rooney, board chair of the Aurora Institute.

Nisun International Announces Results of 2023 Annual Meeting of Shareholders

Retrieved on: 
Thursday, November 30, 2023

SHANGHAI, Nov. 30, 2023 /PRNewswire/ -- Nisun International Enterprise Development Group Co., Ltd ("Nisun International" or the "Company") (Nasdaq: NISN), a provider of innovative comprehensive solutions through the integration of technology, industry, and finance, today announced the results of its 2023 Annual Meeting of Shareholders that was held on November 29, 2023 in Shanghai, China.

Key Points: 
  • SHANGHAI, Nov. 30, 2023 /PRNewswire/ -- Nisun International Enterprise Development Group Co., Ltd ("Nisun International" or the "Company") (Nasdaq: NISN), a provider of innovative comprehensive solutions through the integration of technology, industry, and finance, today announced the results of its 2023 Annual Meeting of Shareholders that was held on November 29, 2023 in Shanghai, China.
  • Re-elected Jinbao Li and Jing Li to the Company's Board of Directors, and
    Ratified the appointment of Yu Certified Public Accountant PC as the Company's independent registered public accountant for the fiscal year ending December 31, 2023.

Nisun International Enterprise Development Group Co., Ltd to Hold Annual Meeting of Shareholders on November 29, 2023

Retrieved on: 
Monday, November 13, 2023

SHANGHAI, Nov. 13, 2023 /PRNewswire/ -- Nisun International Enterprise Development Group Co., Ltd (Nasdaq: NISN) ("Nisun" or the "Company"), a provider of innovative comprehensive solutions through an integration of technology, industry, and finance, announced today that it will hold its 2023 Annual Meeting of Shareholders (the "Annual Meeting") on November 29, 2023, at 10:00 A.M., local time (9:00 P.M., Eastern Time on November 28, 2023), at 21F, 55 Loushanguan Rd, Changning District, Shanghai, China.

Key Points: 
  • SHANGHAI, Nov. 13, 2023 /PRNewswire/ -- Nisun International Enterprise Development Group Co., Ltd (Nasdaq: NISN) ("Nisun" or the "Company"), a provider of innovative comprehensive solutions through an integration of technology, industry, and finance, announced today that it will hold its 2023 Annual Meeting of Shareholders (the "Annual Meeting") on November 29, 2023, at 10:00 A.M., local time (9:00 P.M., Eastern Time on November 28, 2023), at 21F, 55 Loushanguan Rd, Changning District, Shanghai, China.
  • The notice of meeting and the proxy statement were first being mailed to shareholders on or about November 9, 2023.
  • To approve an Ordinary Resolution that Yu Certified Public Accountant PC be ratified as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2023.
  • To transact any other business properly coming before the meeting.

Nisun International Regains Compliance with NASDAQ Requirement

Retrieved on: 
Friday, August 11, 2023

SHANGHAI, Aug. 11, 2023 /PRNewswire/ -- Nisun International Enterprise Development Group Co., Ltd (Nasdaq: NISN) ("Nisun" or the "Company"), a provider of innovative comprehensive solutions through an integration of technology, industry, and finance, announced today that it has received notification from The Nasdaq Stock Market LLC confirming the Company has regained compliance with the periodic filing requirement for The Nasdaq Stock Market under Listing Rule 5250(c)(1).

Key Points: 
  • SHANGHAI, Aug. 11, 2023 /PRNewswire/ -- Nisun International Enterprise Development Group Co., Ltd (Nasdaq: NISN) ("Nisun" or the "Company"), a provider of innovative comprehensive solutions through an integration of technology, industry, and finance, announced today that it has received notification from The Nasdaq Stock Market LLC confirming the Company has regained compliance with the periodic filing requirement for The Nasdaq Stock Market under Listing Rule 5250(c)(1).
  • Nasdaq noted this matter is now closed.

Nisun International Received Exception Period to Regain Compliance with NASDAQ Periodic Reports Requirements

Retrieved on: 
Tuesday, July 25, 2023

SHANGHAI, July 25, 2023 /PRNewswire/ -- Nisun International Enterprise Development Group Co., Ltd (Nasdaq: NISN) ("Nisun" or the "Company") announced today that on July 24, 2023, it received notification from The Nasdaq Stock Market LLC ("NASDAQ") confirming the Company has been granted an additional 180 calendar day period for compliance under the timely filing of periodic financial reports requirement through November 13, 2023.

Key Points: 
  • SHANGHAI, July 25, 2023 /PRNewswire/ -- Nisun International Enterprise Development Group Co., Ltd (Nasdaq: NISN) ("Nisun" or the "Company") announced today that on July 24, 2023, it received notification from The Nasdaq Stock Market LLC ("NASDAQ") confirming the Company has been granted an additional 180 calendar day period for compliance under the timely filing of periodic financial reports requirement through November 13, 2023.
  • To regain compliance with NASDAQ's periodic reports requirement, the Company is required to file the Form 20-F for the year ended December 31, 2022 by November 13, 2023.

Nisun International Regains Compliance with NASDAQ Minimum Bid Price Requirement

Retrieved on: 
Friday, June 2, 2023

SHANGHAI, June 2, 2023 /PRNewswire/ -- Nisun International Enterprise Development Group Co., Ltd (Nasdaq: NISN) ("Nisun" or the "Company") announced today that it has received a Staff determination letter (the "Letter") from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("NASDAQ") dated May 26, 2023 notifying the Company of the Staff's determination to delist the Company's securities from The Nasdaq Capital Market because the Company had failed to satisfy the requirement that the closing bid price of its securities remain at $1.00 or higher as required by Nasdaq Listing Rule 5550(a)(2).

Key Points: 
  • SHANGHAI, June 2, 2023 /PRNewswire/ -- Nisun International Enterprise Development Group Co., Ltd (Nasdaq: NISN) ("Nisun" or the "Company") announced today that it has received a Staff determination letter (the "Letter") from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("NASDAQ") dated May 26, 2023 notifying the Company of the Staff's determination to delist the Company's securities from The Nasdaq Capital Market because the Company had failed to satisfy the requirement that the closing bid price of its securities remain at $1.00 or higher as required by Nasdaq Listing Rule 5550(a)(2).
  • Pursuant to the Letter, unless the Company requests an appeal of the Letter, trading of the Company's Class A Common Shares will be suspended at the opening of business on June 6, 2023, and a Form 25-NSE will be filed with the Securities and Exchange Commission, which will remove the Company's securities from listing and registration on the Nasdaq Stock Market.
  • On June 1, 2023, the Company received notification from NASDAQ confirming the Company has regained compliance with NASDAQ's minimum bid price requirement under Listing Rule 5550(a)(2).
  • NASDAQ noted this matter is now closed.

Nisun International Received Notification of Deficiency from Nasdaq Related to Not Timely Filing of Annual Report on Form 20-F

Retrieved on: 
Friday, May 19, 2023

SHANGHAI, May 19, 2023 /PRNewswire/ -- Nisun International Enterprise Development Group Co., Ltd (Nasdaq: NISN) ("Nisun" or the "Company") announced today that it received a notice of non-compliance from Nasdaq Stock Market LLC ("Nasdaq") on May 18, 2023 stating that, as a result of not having timely filed its annual report on Form 20-F for the year ended December 31, 2022, the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1), which requires timely filing of periodic financial reports with the Securities and Exchange Commission.

Key Points: 
  • SHANGHAI, May 19, 2023 /PRNewswire/ -- Nisun International Enterprise Development Group Co., Ltd (Nasdaq: NISN) ("Nisun" or the "Company") announced today that it received a notice of non-compliance from Nasdaq Stock Market LLC ("Nasdaq") on May 18, 2023 stating that, as a result of not having timely filed its annual report on Form 20-F for the year ended December 31, 2022, the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1), which requires timely filing of periodic financial reports with the Securities and Exchange Commission.
  • This notice has no immediate effect on the listing or trading of the Company's Class A common shares on the Nasdaq.
  • Under Nasdaq's listing rules, the Company has 60 calendar days to submit a plan to regain compliance.
  • If the plan is accepted by Nasdaq, the Company can be granted up to 180 calendar days from the Form 20-F's due date, or until November 13, 2023, to regain compliance.

Nisun International Enterprise Development Group Co., Ltd Announces 1-for-10 Common Share Consolidation

Retrieved on: 
Wednesday, May 17, 2023

As a result of the share consolidation, each ten common shares outstanding will automatically combine and convert to one issued and outstanding common share without any action on the part of the shareholder.

Key Points: 
  • As a result of the share consolidation, each ten common shares outstanding will automatically combine and convert to one issued and outstanding common share without any action on the part of the shareholder.
  • No fractional common shares will be issued to any shareholders in connection with the share consolidation, and such fractional shares will be redeemed by the Company.
  • The share consolidation will reduce the number of Class A Common Shares issued and outstanding from approximately 40,057,159 to approximately 4,005,715 (subject to the redemption of the fractional shares at the closing price of the Class A Common Shares on May 17, 2023).
  • The authorized number of common shares will be reduced by the same one-for-ten ratio from 310,000,000 authorized common shares, divided into 300,000,000 Class A Common Shares and 10,000,000 Class B Common Shares, to 31,000,000 common shares, divided into 30,000,000 Class A Common Shares and 1,000,000 Class B Common Shares.

Nisun International Enterprise Development Group Co., Ltd Announces New Strategic Alliance to Explore Growth Opportunities in the Corn Market

Retrieved on: 
Friday, April 28, 2023

The Agreement represents a key initiative of the Company's supply chain business strategy to respond to the national policy of rural revitalization and explore growth opportunities in the corn market.

Key Points: 
  • The Agreement represents a key initiative of the Company's supply chain business strategy to respond to the national policy of rural revitalization and explore growth opportunities in the corn market.
  • Corn is a widely used crop with diverse applications, including the production of corn starch, animal feed, ethanol, sweeteners, papers, and more.
  • With a large population base, escalating consumption structure, and the rapid development of China's farming and corn processing industry, China's demand for corn is on the upswing.
  • The China Corn Market is projected to register a compound annual growth rate of 3.1% from 2023 to 2028.

Nisun International Enterprise Development Group Co., Ltd Announces New Strategic Alliance to Develop E-Commerce Business

Retrieved on: 
Tuesday, April 25, 2023

The partnership represents a significant initiative of the Company to develop e-commerce business.

Key Points: 
  • The partnership represents a significant initiative of the Company to develop e-commerce business.
  • Pursuant to the Agreement, Shandong Fintech agrees to authorize JL to operate its e-commerce store on Pinduoduo and take in charge of associated operation, promotion, marketing, and inventory planning.
  • Mr. Xiaoyun Huang, Chief Executive Officer of Nisun, commented: "We are thrilled to establish the partnership with JL through the Agreement.
  • As we move forward, we are confident in our ability to reinforce our market standing and generate greater value for our shareholders."