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DayDayCook Announces the NYSE American Has Accepted its Plan to Regain Listing Compliance
GlobeNewswire News Room· 2024-07-11 13:00
Core Points - DDC Enterprise, Ltd. has received a notice from NYSE American regarding its compliance plan to regain listing standards [1][2] - The company has until October 23, 2025, to regain compliance, with quarterly monitoring in place [2] - Failure to comply by the deadline may result in delisting proceedings [2] Company Overview - DayDayCook is a multi-brand Asian consumer food company focused on sharing Asian cooking culture globally [3] - The company offers a variety of ready-to-eat, ready-to-cook, and ready-to-heat products [3] - DayDayCook's portfolio includes brands such as Omsom, Nona Lim, Yai's Thai, MengWei, and Yujia Weng [3]
DayDayCook Names Food and Beverage Industry Stalwart Malik Sadiq as Chief Operating Officer
Newsfilter· 2024-06-19 01:11
Core Insights - DDC Enterprise, Ltd. has appointed Malik Sadiq as Chief Operating Officer to lead the integration and growth of its brands globally, particularly following recent acquisitions in the Asian food sector [1][2] - The company aims to leverage Sadiq's extensive experience in driving growth and operational efficiency, both organically and through mergers and acquisitions [1][2] - DayDayCook is focused on becoming a leading player in the Asian food market, emphasizing its unique heritage and strategy of acquiring authentic Asian brands [2][3] Company Overview - Founded in 2012, DayDayCook is a content-driven consumer brand specializing in ready-to-heat, ready-to-cook, and ready-to-eat Asian food products [3] - The company operates a fast-growing omnichannel sales network in China and the U.S., supported by a strong online presence globally [3] - DayDayCook builds brand recognition through culinary and lifestyle content across major social media and e-commerce platforms [3]
DayDayCook Names Food and Beverage Industry Stalwart Malik Sadiq as Chief Operating Officer
GlobeNewswire News Room· 2024-06-19 01:11
Core Insights - DDC Enterprise, Ltd. has appointed Malik Sadiq as Chief Operating Officer to lead the integration and growth of its brands globally, particularly following recent acquisitions in the Asian food sector [1][2] - The company aims to leverage Sadiq's extensive experience in driving growth and operational efficiency, both organically and through mergers and acquisitions [1][2] - DayDayCook is positioned as a leader in food innovation, focusing on convenient Asian food products and building brand recognition through culinary content across social media and e-commerce platforms [3] Company Overview - Founded in 2012, DayDayCook specializes in ready-to-heat, ready-to-cook, and ready-to-eat Asian food products, emphasizing innovative and healthy meal solutions [3] - The company has a rapidly growing omnichannel sales network in China and the U.S., supported by a strong online presence globally [3]
Why Is DDC Enterprise (DDC) Stock Up 300% Today?
Investor Place· 2024-06-12 19:10
Packaged foods company DDC Enterprise (NYSEMKT:DDC) soared more than 300% earlier on Wednesday before slightly paring back some of the gains this afternoon. Better known by its brand name DayDayCook, the entity just announced that it acquired Asian food brand Omsom. Subsequently, DDC stock is up on the positive implications.According to DayDayCook’s press release, the acquisition stemmed from a combination of cash and equity shares paid out over a four-year period. The buyout should help accelerate “new pro ...
DayDayCook Acquires Beloved Asian Food Brand, Omsom
Newsfilter· 2024-06-12 13:00
NEW YORK, June 12, 2024 (GLOBE NEWSWIRE) -- DDC Enterprise, Ltd., (NYSEAM:DDC) ("DayDayCook," "DDC," or the "Company"), a leading multi-brand Asian consumer food company, today announces it has acquired Omsom, the proud and loud Asian food brand that has quickly garnered a devoted following for its Cooking Sauces, Saucy Noodles, and bold cultural commentary.  The acquisition, which consists of a combination of DDC's cash and stock paid out over four years, is expected to accelerate new product innovation fo ...
DDC Enterprise Limited Reports on NYSE American Noncompliance Notice
globenewswire.com· 2024-05-21 20:00
NEW YORK, May 21, 2024 (GLOBE NEWSWIRE) -- DDC ENTERPRISE LIMITED (NYSE AMERICAN: DDC) (“DAYDAYCOOK” OR THE “COMPANY”) announced today that on May 16, 2024, the Company received a written notice from NYSE Regulation (the “NYSE Notice”) stating that the Company is not in compliance with the continued listing standards of the NYSE American LLC (“NYSE American”, or the “Exchange”) under the timely filing criteria included in Section 1007 of the NYSE American Company Guide (the “Company Guide”) because the Comp ...
DayDayCook to Present at the Planet MicroCap Showcase: Vegas 2024
Newsfilter· 2024-04-23 13:00
NEW YORK, April 23, 2024 (GLOBE NEWSWIRE) -- DDC Enterprise, Ltd., (NYSEAM:DDC) ("DayDayCook," "DDC," or the "Company"), a leading content-driven food consumer brand, today announces that Kyle Guse, Chief Legal Officer & Head of IR, will present a corporate overview at the Planet MicroCap Showcase: VEGAS 2024. The conference is being held on April 30 – May 2, 2024 at the Paris Hotel & Casino in Las Vegas, NV. Presentation Date:May 1, 2024Time:12:00 pm Pacific TimeWebcast Link:https://www.webcaster4.com/Webc ...
DayDayCook Provides Financial Update and Corporate Highlights
Newsfilter· 2024-01-19 14:00
NEW YORK, Jan. 19, 2024 (GLOBE NEWSWIRE) -- DDC Enterprise, Ltd., (NYSEAM:DDC) ("DayDayCook," "DDC," or the "Company"), a leading content-driven food consumer brand, provides a financial and corporate update coincident with the filing of the Company's financial results for the nine months ended September 30, 2023. These financial results are for periods prior to DayDayCook's IPO in November of 2023. Financial Highlights: Total revenues were $23.7 million for the nine months ended September 30, 2023, represe ...
DayDayCook Announces Agreement to Acquire 51% of Italian G.L. Industry S.p.A, a Specialized Asian Food Brand
Newsfilter· 2024-01-10 14:00
NEW YORK, Jan. 10, 2024 (GLOBE NEWSWIRE) -- DDC Enterprise, Ltd., (NYSEAM:DDC) ("DayDayCook," "DDC," or the "Company"), a leading content-driven food consumer brand, announces it has entered into an agreement to acquire 51% of G.L. Industry S.p.A ("GLI"), an Italian producer of specialized Asian ready-meals. The acquisition will continue the expansion of DayDayCook's international footprint and will be financed through a combination of cash and DDC stock. Oaklins HFG China provided advisory services for thi ...