Nasdaq(NDAQ)

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ZK International Group Co., Ltd. Resolves Nasdaq Bid Price Deficiency and Remains in Compliance with Nasdaq Listing Standards
Prnewswire· 2025-02-24 14:00
Core Points - ZK International Group Co., Ltd. has successfully resolved the bid price deficiency concern raised by Nasdaq [1][2] - The company has regained compliance with the minimum bid price requirement, as confirmed by Nasdaq [2][3] - The closing bid price of the company exceeded US$1.00 for 10 consecutive business days, leading to the resolution of the matter [3] Company Overview - ZK International is a China-based engineering company focused on innovative technologies, holding 28 patents and 21 trademarks [5] - The core business involves engineering and manufacturing high-performance stainless steel and carbon steel pipe products for sustainable drinking water delivery [6] - The company has supplied stainless steel pipelines for over 2,000 projects, including significant venues for the 2008 Beijing Olympics [6] Market Opportunity - ZK International aims to capitalize on the Chinese Government's $850 billion commitment to improve water quality, addressing the issue of 70% of water being unfit for human contact [6]
S&P 500, Nasdaq, Dow Brace for Earnings Storm: Nvidia, Home Depot and Salesforce in Focus
FX Empire· 2025-02-24 13:46
Core Viewpoint - The content emphasizes the importance of conducting personal due diligence and consulting competent advisors before making any financial decisions, particularly in the context of investments in complex instruments like cryptocurrencies and CFDs [1]. Group 1 - The website provides general news, personal analysis, and third-party content intended for educational and research purposes [1]. - It explicitly states that the information should not be interpreted as recommendations or advice for any financial actions [1]. - The content is not tailored to individual financial situations or needs, highlighting the necessity for users to perform their own research [1]. Group 2 - The website includes information about high-risk financial instruments, including cryptocurrencies and CFDs, which are complex and can lead to significant financial losses [1]. - Users are encouraged to understand the workings of these instruments and assess their ability to handle the associated risks before investing [1].
Nasdaq(NDAQ) - 2024 Q4 - Annual Report
2025-02-21 21:56
Company Transformation and Acquisitions - In November 2023, the company accelerated its transformation by acquiring Adenza and its two flagship solutions, AxiomSL and Calypso[26]. Market Performance and Listings - As of December 31, 2024, a total of 5,249 companies listed securities on the company's exchanges, with 4,075 on The Nasdaq Stock Market[38]. - In 2024, the company achieved a total of 463 new listings, including 130 operating company IPOs and 50 SPAC IPOs[39]. - The eligible IPO win rate for 2024 was 82%, with operating companies achieving an 80% win rate[39]. Financial Performance - Revenues less transaction-based expenses for 2024 were $4,649 million, a 19.4% increase from $3,895 million in 2023[341]. - Operating income for 2024 was $1,798 million, reflecting a 13.9% increase compared to $1,578 million in 2023[341]. - Net income attributable to Nasdaq for 2024 was $1,117 million, a 5.5% increase from $1,059 million in 2023[341]. - Diluted earnings per share for 2024 decreased to $1.93, down 7.4% from $2.08 in 2023[341]. - Cash dividends declared per common share increased to $0.94 in 2024, a 9.3% rise from $0.86 in 2023[341]. - Total revenues for the year ended December 31, 2024, reached $7,400 million, representing a 22.0% increase compared to $6,064 million in 2023[345]. Segment Performance - Capital Access Platforms segment generated revenues of $1,972 million in 2024, up 11.4% from $1,770 million in 2023[347]. - Financial Technology segment revenues increased by 47.5% to $1,621 million in 2024, compared to $1,099 million in 2023[353]. - Market Services revenues grew by 20.9% to $3,771 million in 2024, compared to $3,156 million in 2023[345]. - Financial Crime Management Technology revenues increased to $273 million in 2024, a 22.2% rise from $223 million in 2023[354]. - Regulatory Technology revenues surged by 66.3% to $352 million in 2024, compared to $212 million in 2023[353]. - Capital Markets Technology revenues reached $996 million in 2024, reflecting a 50.0% increase from $664 million in 2023[353]. Employee and Workforce Metrics - The company had 9,162 full and part-time employees as of December 31, 2024[160]. - The internal employee engagement score reached a record high of 80% favorable in 2024, with a 94% participation rate in the survey[163]. - The workforce voluntary attrition rate was approximately 6.7% in 2024, nearly one percentage point lower than in 2023[163]. - In 2024, 98% of employees participated in at least one AI training program[166]. - Nasdaq employees raised over $550,000 for more than 800 charities worldwide in 2024[176]. Technology and Innovation - The Financial Technology segment focuses on Financial Crime Management Technology, Regulatory Technology, and Capital Markets Technology[52]. - The company aims to enhance market resiliency and scalability through new technologies such as cloud, blockchain, machine learning, and AI[29]. - Nasdaq is committed to leveraging AI for product development, focusing on areas such as investment analytics and fraud detection, with plans to enhance AI capabilities in 2025[82]. - The company is migrating its exchanges to cloud infrastructure in partnership with AWS, aiming for improved performance and flexibility for clients[85]. - Nasdaq's sustainability data management platform offers AI-powered insights for faster sustainability decisions[10]. Sustainability Initiatives - Nasdaq owns a majority stake in Puro.earth, enhancing its sustainability-focused technologies and offering resources for clients' sustainability objectives[80]. - Nasdaq aims to achieve carbon neutrality across all business operations for the seventh consecutive year by retiring remaining carbon offsets for 2024 by Q3 2025[116]. - Nasdaq was named to the Dow Jones Best-in-Class World Index for the first time in 2024 and maintained an "AA" rating from MSCI, placing it in the "Leaders" category[116]. Competitive Landscape - The Listings Services business in the U.S. and Europe facilitates capital formation through public capital markets, competing primarily with NYSE and various European exchanges[91]. - Nasdaq's market technology business faces competition from both exchange operators and independent technology providers, necessitating continuous investment and innovation[102]. - The Index business competes with various financial indices, including the Nasdaq-100 Index and Nasdaq Composite Index, against providers like S&P Dow Jones Indices and MSCI[93]. - Nasdaq's corporate solutions business faces competition from other exchange operators and firms providing investor relations services alongside listing services[95]. - The Financial Crime Management Technology offerings must demonstrate the ability to decrease false positives and provide insights into potential risks, competing on factors like workflow efficiency and data quality[98]. Regulatory and Compliance - Nasdaq conducts real-time market monitoring and suspicious trading behavior reviews through its Nasdaq Regulation department[127]. - Nasdaq's regulatory service agreements with FINRA ensure proper regulation of the markets[134]. - Nasdaq is subject to MiFID II and MiFIR regulations, impacting its European trading businesses[145]. - Nasdaq CSD SE provides notary, settlement, and central maintenance services in the Baltic countries and is licensed under European regulations[153]. Operating Expenses - Total operating expenses increased to $2,851 million in 2024, a 23.0% increase compared to $2,317 million in 2023[372]. - Compensation and benefits expense rose to $1,324 million in 2024, reflecting a 22.4% increase from $1,082 million in 2023, driven by a full year of Adenza employee costs and a $23 million pre-tax charge related to pension plan termination[372][373]. - Depreciation and amortization expense surged to $613 million in 2024, an 89.3% increase from $323 million in 2023, mainly due to amortization of intangible assets from the Adenza acquisition[372][378]. - Marketing and advertising expenses increased to $54 million in 2024, a 16.4% rise from $47 million in 2023, attributed to higher client incentive spending due to increased IPO activity[372][377]. - Regulatory expenses increased to $55 million in 2024, a 60.8% increase from $34 million in 2023, primarily due to the settlement of a previously disclosed inquiry[372][378]. - Professional and contract services expense rose to $152 million in 2024, an 18.4% increase from $128 million in 2023, driven by the inclusion of Adenza[372][374]. - Technology and communication infrastructure expenses increased to $281 million in 2024, a 20.9% rise from $233 million in 2023, due to increased investment in cloud initiatives and software licensing[372][375]. - Occupancy expenses decreased to $112 million in 2024, a 12.9% decline from $129 million in 2023, primarily due to impairment charges and exit costs from abandoned leased office space[372][376]. - Restructuring charges increased to $116 million in 2024, a 44.3% increase from $80 million in 2023, reflecting ongoing strategic initiatives[372].
NewGen Issues Clarification on Press Release Titled “NewGen Receives Continued Nasdaq Listing Approval and Announces New Business Development Director” dated February 20, 2025
GlobeNewswire News Room· 2025-02-20 21:30
Core Points - NewGenIvf Group Limited clarified that it has not yet achieved compliance with Nasdaq's $2.5 million minimum stockholders' equity requirement, although it believes it has exceeded this amount due to recent debt conversions and equity line drawdowns [1][2] - The Nasdaq Hearings Panel granted NewGen an extension to regain compliance with listing requirements, and the company has made progress, including a reverse stock split to meet the $1.00 bid price requirement [2] - NewGen operates as a comprehensive fertility services provider in Asia, with clinics in Thailand, Cambodia, and Kyrgyzstan, offering a range of infertility treatments and services [3]
HYZON ANNOUNCES DELISTING FROM NASDAQ AND EXPECTED SEC DEREGISTRATION
Prnewswire· 2025-02-20 21:22
Core Points - Hyzon Motors Inc. intends to delist its Class A common stock and publicly-traded warrants from the Nasdaq Stock Market, with a Form 25 expected to be filed around March 4, 2025 [1][3] - Following the delisting, the common stock may be traded on the OTC Markets Group Inc., although there are no guarantees for this transition [2] - The Board of Directors has decided to deregister the company with the SEC, believing that both delisting and deregistration serve the best interests of the company and its shareholders [3][4] Delisting Details - The delisting decision follows a determination letter from Nasdaq, which cited the company's previously announced Plan of Dissolution and public interest concerns [5] - The company's securities were suspended from trading on Nasdaq starting January 30, 2025, due to this delisting notification [5] Company Overview - Hyzon Motors specializes in high-performance hydrogen fuel cell technology aimed at providing zero-emission power for decarbonizing heavy-duty commercial vehicles and other demanding industries [6]
Diginex Limited Announces Secondary Listing on the Frankfurt Stock Exchange and Tradegate Exchange and the Engagement of German-based Kirchhoff Consult GmbH to Broaden Investor Base Across Europe
GlobeNewswire News Room· 2025-02-20 21:00
Core Insights - Diginex Limited has announced its shares are now cross-listed on the Frankfurt Stock Exchange and Tradegate Exchange, effective February 20, 2025, aiming to enhance global investor reach and liquidity [1][3] - The company has engaged Kirchhoff Consult GmbH to lead a European investor engagement initiative, which is expected to diversify its investor base and improve stock trading resilience [2][4] - The cross-listing follows a successful IPO on Nasdaq, which closed on January 23, 2025, positioning Diginex to attract a broader range of institutional and retail investors [3] Company Overview - Diginex Limited is a Cayman Islands-based impact technology company focused on environmental, social, and governance (ESG) issues, with operations in Hong Kong, the UK, and the USA [5] - The company operates through its subsidiary Diginex Solutions (HK) Limited, which provides software solutions for ESG, climate, and supply chain data collection and reporting [5][6] - Diginex's technology utilizes blockchain, machine learning, and data analysis to address pressing ESG and sustainability challenges [5]
These Were the 5 Top-Performing Stocks in the Nasdaq-100 in January 2025
The Motley Fool· 2025-02-20 14:45
The first full month of 2025 is in the books, and the stock market is off to a decent start. The major indexes -- the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average -- were up 2.7%, 1.6%, and 4.7%, respectively.In a change of pace from previous months, the Nasdaq took a back seat to the Dow, as sectors like financial services, energy, and industrials outperformed tech. Nevertheless, there were plenty of big winners in the Nasdaq-100. Here are the top five performers during the month of January. ...
Sekur Releases Bold 2025 Growth Strategy, Targeting Nasdaq Uplisting and Market Expansion
Prnewswire· 2025-02-19 13:48
Core Viewpoint - Sekur Private Data Ltd. has achieved significant growth in 2024 and is poised for further expansion in 2025, driven by its unique cybersecurity and privacy communications platform [2][4][8]. Company Achievements in 2024 - The company has successfully expanded its subscription-based Software-as-a-Service (SaaS) model, resulting in strong recurring revenue and an average gross margin of 80% [4]. - Sekur's user base has steadily increased throughout 2024, indicating a robust demand for its services [4]. Product Development and Market Expansion - In 2025, Sekur plans to launch the Sekur Corporate Suite, which will integrate existing products and introduce new features for enterprise-level security management [5]. - The company’s solutions are now utilized in over 30 countries, showcasing their scalability and global demand [6]. Regulatory and Security Framework - Hosting in Switzerland allows Sekur to protect user data from external access requests, supported by stringent data protection laws [3]. - The Swiss Federal Act on Data Protection ensures high privacy standards, reinforcing the company's commitment to safeguarding user information [3]. Future Plans and Market Positioning - Sekur is targeting an uplisting to Nasdaq by the end of Q2 2025, which is expected to enhance liquidity and secure growth capital for future acquisitions [7]. - The company is well-positioned to capitalize on the increasing global demand for secure communications, with a strong product lineup and expanding sales channels [8].
Nasdaq 100 and S&P 500: Nvidia Extends Gains, US Stocks Eye Record Highs
FX Empire· 2025-02-18 16:17
EnglishItalianoEspañolPortuguêsDeutschالعربيةFrançaisImportant DisclaimersThe content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. When making any financial decision, you should perform your ...
Lichen China Limited Announces Receipt of Nasdaq Delisting Notice Subject to Hearing Request
Prnewswire· 2025-02-18 13:00
XIAMEN, China, Feb. 18, 2025 /PRNewswire/ -- Lichen China Limited (Nasdaq: LICN) ("Lichen China" or the "Company"), a dedicated financial and taxation service provider in China today announced that it has received a letter from The Nasdaq Stock Market LLC ("Nasdaq"), notifying that the Company is not in compliance with Nasdaq Listing Rule 5810(c)(3)(A)(iii) (the "Low Priced Stocks Rule"), as the Company's securities had a closing bid price of $0.10 or less for eleven consecutive trading days from January 28 ...