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Enlightify Inc. Announces Delisting From NYSE
Globenewswire· 2025-10-27 21:00
Core Points - Enlightify Inc. has received notification from the NYSE regarding the commencement of delisting proceedings for its common stock due to non-compliance with listing standards [1][2] - The company does not intend to appeal the NYSE's determination, and the delisting will be effective 10 days after the filing of Form 25 with the SEC [3] - Following delisting, the company's common stock is expected to be quoted on the OTC Markets under the same ticker symbol (ENFY) [4] Company Overview - Enlightify Inc. produces and distributes humic acid-based compound fertilizers and other agricultural products through its subsidiaries [5] - In 2023, the company expanded its operations by purchasing digital asset mining machines and established Antaeus Tech Inc. for bitcoin mining [5]
Enlightify Inc. Notifies New York Stock Exchange of Intent to Cure Price Deficiency
Globenewswire· 2025-09-10 21:00
Core Points - Enlightify Inc. intends to address a price deficiency that has caused its stock to fall below the NYSE minimum average share price requirement of $1.00 [1] - The company has a six-month period to regain compliance with NYSE listing standards to avoid delisting [2] - The company's stock remains listed and traded on the NYSE, and the notification does not impact its business operations or SEC reporting obligations [3] Company Overview - Enlightify Inc. produces and distributes humic acid-based compound fertilizers and other agricultural products through its subsidiaries, including Shaanxi TechTeam Jinong Humic Acid Product Co., Ltd. and Beijing Gufeng Chemical Products Co., Ltd. [4] - In 2023, the company began purchasing digital asset mining machines and established Antaeus Tech Inc. to mine bitcoins in Texas [4]
ATIF Holdings Limited Announces Strategic Diversification to Bitcoin Business
Globenewswire· 2025-06-05 10:00
Core Insights - ATIF Holdings Limited is expanding into the Bitcoin sector with a five-year plan to accumulate 1,000 BTC through direct purchases and mining operations [1][3] - The company has chosen West Texas for its mining operations due to favorable regulatory conditions, affordable land, and competitive electricity costs [1][2] - The CEO emphasized Bitcoin as a long-term store of value and a strategic asset for growth, highlighting the importance of energy efficiency and sustainable operations in their mining facilities [2] Company Strategy - The company plans to implement a hybrid approach that includes both direct acquisition of BTC in the open market and the establishment of proprietary mining facilities [1][6] - ATIF Holdings aims to optimize cost control and scalability by focusing on energy-efficient mining operations [2] Industry Context - The move into Bitcoin mining represents a significant evolution in ATIF Holdings' business model, showcasing its commitment to innovation and long-term value creation in emerging technologies [3] - The broader industry trend is towards responsible and forward-looking crypto infrastructure development, which aligns with the company's planned operations [2]