SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Xiao-I Corporation - AIXI
Xiao-I Xiao-I (US:AIXI) Prnewswire·2024-08-01 21:10

Core Viewpoint - Pomerantz LLP is investigating claims of potential securities fraud or unlawful business practices involving Xiao-I Corporation and its officers or directors, following a significant decline in the company's stock price since its IPO [1] Group 1: Company Overview - Xiao-I Corporation conducted its initial public offering on March 8, 2023, selling 5.7 million American depositary shares at a price of $6.80 per share [1] - Since the IPO, the price of Xiao-I's ADS has fallen significantly, resulting in financial damage to investors [1] Group 2: Legal Investigation - Pomerantz LLP is representing investors in the investigation regarding possible securities fraud or other unlawful practices by Xiao-I and its management [1]