Core Viewpoint - The9 Limited has entered into a Joint Venture with Chengdu Qing Cheng Network Science and Technology Co., Ltd. to operate and distribute mobile games in China's sinking market, with a commitment to achieve an annual profit of over RMB 80 million in 2025 and a growth rate of at least 50% annually for the following two years [1][3][5]. Company Overview - The9 Limited is an established Internet company listed on Nasdaq since 2004, focusing on online game operations and Bitcoin mining [9]. - Chengdu Qing Cheng Network Science and Technology Co., Ltd. specializes in mobile game operation and distribution, particularly targeting lower-tier markets in China, with a cumulative registered user base of 88.7 million and a cumulative user payment of RMB 4.4 billion since its establishment in 2020 [10]. Joint Venture Details - The9 will hold a 51% stake while Qing Cheng will hold 49% in the Joint Venture, which will serve as The9's flagship subsidiary for mobile game operations in the sinking market [2]. - Qing Cheng has committed to leveraging its unique distribution channels and strategic game development partnerships to ensure a steady supply of high-quality games for the Joint Venture [3]. Financial Commitments - Qing Cheng has guaranteed that the Joint Venture will achieve an annual profit exceeding RMB 80 million (approximately US$11 million) in 2025, with profits expected to increase by at least 50% in both 2026 and 2027 [3]. - All after-tax profits from the Joint Venture will be distributed quarterly as dividends according to the shareholding ratio [3]. Market Insights - The number of mobile Internet users in lower-tier markets in China has reached 647 million, accounting for 52.6% of the entire mobile Internet market, indicating significant growth potential in this segment [5]. - The Joint Venture aims to enhance gamer participation and loyalty through innovative marketing strategies, including in-game discounts and rewards, positioning itself as a competitive player in the mobile gaming industry [6].

Core Viewpoint - The Joint Corp. will report its fourth quarter and year-end 2024 financial results on March 13, 2025, with a conference call scheduled to discuss the results [1]. Company Overview - The Joint Corp. is the largest operator, manager, and franchisor of chiropractic clinics in the United States, having introduced a retail healthcare business model in 2010 [4]. - The company operates over 950 locations nationwide and facilitates more than 14 million patient visits annually, positioning itself as a leader in the chiropractic industry [4]. - The Joint has received multiple accolades, including being named "No. 1 in Chiropractic Services" by Entrepreneur and consistently ranking on Franchise Times' annual lists [4]. Business Structure - The Joint Corp. functions as a franchisor of clinics and operates clinics in specific states, providing management services to affiliated professional chiropractic practices in various states including California, Florida, and New York [5].

Core Viewpoint - The Joint Corp. is set to report its fourth quarter and year-end 2024 financial results on March 13, 2025, with a conference call scheduled for the same day to discuss these results [1]. Company Overview - The Joint Corp. is the largest operator, manager, and franchisor of chiropractic clinics in the United States, having introduced a retail healthcare business model in 2010 [4]. - The company operates over 950 locations nationwide and facilitates more than 14 million patient visits annually, positioning itself as a leader in the chiropractic industry [4]. - The Joint Chiropractic has received multiple accolades, including being named "No. 1 in Chiropractic Services" by Entrepreneur and consistently ranking on Franchise Times' annual lists [4]. Business Structure - The Joint Corp. functions as a franchisor of clinics and operates clinics in specific states, providing management services to affiliated professional chiropractic practices in various states including California, Florida, and New York [5].

Core Viewpoint - Standard Chartered Bank Hong Kong, Animoca Brands, and HKT are forming a joint venture to issue a stablecoin backed by the Hong Kong dollar, pending the enactment of the Stablecoins Bill and obtaining a license from the Hong Kong Monetary Authority (HKMA) [1][2]. Group 1: Joint Venture Details - The joint venture aims to leverage Standard Chartered's banking infrastructure, Animoca Brands' Web3 expertise, and HKT's mobile wallet capabilities to create a stablecoin [2][3]. - The stablecoin is intended to enhance domestic and cross-border payments for both consumers and merchants [3]. Group 2: Regulatory Context - The HKMA's stablecoin bill is currently under review, which will require issuers to obtain a license and adhere to reserve and price stability requirements [2]. - The joint venture has been participating in an HKMA stablecoin issuer sandbox since July to explore the role of stablecoins in financial markets and payments [3]. Group 3: Strategic Goals - The CEO of Standard Chartered emphasized the goal of launching a secure stablecoin for various use cases, reinforcing Hong Kong's position as an international finance center [4]. - Standard Chartered is also involved in a separate pilot project, the Canton Network, which investigates a privacy-enabled open blockchain network for real-time settlement [4]. Group 4: Related Initiatives - The HKMA has initiated the second phase of testing for its e-HKD Pilot, involving 11 groups exploring tokenized assets and offline payments [5].

Core Viewpoint - The article discusses a class action lawsuit against Joint Stock Company Kaspi.kz, alleging violations of the Securities Exchange Act of 1934 due to misleading statements and undisclosed risks related to its business operations with Russian entities following the 2022 invasion of Ukraine [1][3]. Group 1: Lawsuit Details - The class action lawsuit is titled Krivenok v. Joint Stock Company Kaspi.kz and covers purchasers of Kaspi.kz securities from January 19, 2024, to September 19, 2024 [1]. - Investors have until February 18, 2025, to seek appointment as lead plaintiff in the lawsuit [1]. - The lawsuit alleges that Kaspi.kz continued business with Russian entities and provided services to Russian citizens, exposing the company to undisclosed sanction risks [3]. Group 2: Allegations and Impact - The lawsuit claims that Kaspi.kz engaged in undisclosed related party transactions and that certain executives have links to reputed criminals [3]. - A report by Culper Research on September 19, 2024, titled "Kaspi.kz (KSPI): The NASDAQ-Listed Fintech Moving Money for Criminals and Kleptocrats," led to a nearly 19% drop in the price of Kaspi.kz American depositary shares over two trading sessions [4]. Group 3: Legal Process - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased Kaspi.kz securities during the class period to seek lead plaintiff status [5]. - The lead plaintiff represents the interests of all class members and can select a law firm of their choice for litigation [5]. Group 4: About Robbins Geller - Robbins Geller Rudman & Dowd LLP is a leading law firm specializing in securities fraud cases, having recovered $6.6 billion for investors in such cases [6]. - The firm has been ranked 1 in securing monetary relief for investors in six out of the last ten years [6].

SAN DIEGO, Feb. 15, 2025 (GLOBE NEWSWIRE) -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Joint Stock Company Kaspi.kz (NASDAQ: KSPI) publicly traded securities between January 19, 2024 and September 19, 2024, inclusive (the “Class Period”), have until this Tuesday, February 18, 2025 to seek appointment as lead plaintiff of the Kaspi.kz class action lawsuit. Captioned Krivenok v. Joint Stock Company Kaspi.kz, No. 24-cv-10926 (C.D. Cal.), the Kaspi.kz class action lawsuit charge ...

MIAMI, Feb. 14, 2025 /PRNewswire/ -- Safe and Green Development Corporation (NASDAQ: SGD) (the "Company") is pleased to announce that all 5 homes from the 1stt phase of the Sugar Joint Venture with Milk & Honey, LLC have all gone under contract. These transactions mark a significant milestone in the Company's ongoing real estate initiatives and reflect the demand for high-quality housing in the region.As a result of successful marketing efforts by the Company and its Realty partners the following properties ...

-Jumps 29 Spots on Franchise 500 Ranking-SCOTTSDALE, Ariz., Feb. 13, 2025 /PRNewswire/ -- The Joint Corp. (NASDAQ: JYNT), the nation's largest provider of chiropractic care through The Joint Chiropractic® network, has been named the top franchise in chiropractic services by Entrepreneur Magazine's Franchise 500, the world's first and most comprehensive franchise ranking. The Joint also ranks No. 54 on the 2025 list, jumping 29 spots since last year. For 46 years, achieving placement on the annual Entreprene ...

NEW YORK, Feb. 13, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Joint Stock Company Kaspi.kz (NASDAQ: KSPI).Shareholders who purchased shares of KSPI during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/joint-stock-company-kaspi-kz-loss-submission-form/?id=128931&from=4CLASS PER ...

The Company's revolutionary system enhances steel pressure pipe resilience in differential settlement and seismic applicationsVANCOUVER, Wash., Feb. 12, 2025 /PRNewswire/ -- Northwest Pipe Company (Nasdaq: NWPX), a leading manufacturer of water-related infrastructure, is proud to announce that the United States Patent and Trademark Office has issued U.S. Patent No. 12215817 for the InfraShield® Joint System ("InfraShield®"), an innovative Geohazard Resistant Steel Pipe (GRSP) solution designed to strengthen ...