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FangDD is Powered by AI System With US$34.32 Million Assets Acquisition
Globenewswire· 2025-09-30 12:30
SHENZHEN, China, Sept. 30, 2025 (GLOBE NEWSWIRE) -- Fangdd Network Group Ltd. (Nasdaq: DUO) (“FangDD” or the “Company”) today announced that it had entered into an agreement to purchase certain assets relating to artificial intelligence technology from a British Virgin Islands company. The transaction is part of the Company’s continuous strategy to expand into technology-enabled real estate management. The purchase price for the assets is US$34,320,000. Additionally, the seller is entitled to receive an ear ...
Fangdd Network Group Ltd. Regains Compliance with Nasdaq Minimum Bid Price Listing Requirements
Globenewswire· 2025-06-25 12:00
Core Points - Fangdd Network Group Ltd. has regained compliance with Nasdaq's minimum closing bid price requirement as of June 24, 2025 [1][2] - The company had previously received a notice on December 24, 2024, indicating non-compliance due to a closing bid price below $1.00 for 30 consecutive business days [2] - The company successfully met the compliance requirement by June 23, 2025, within the 180-day period allowed by Nasdaq [2] Company Overview - Fangdd Network Group Ltd. is a property technology company in China, focusing on real estate transaction digitalization services [3] - The company utilizes mobile internet, cloud, big data, and artificial intelligence to revolutionize real estate transactions through SaaS tools and modular products [3]
Inspirato to Announce First Quarter 2025 Financial Results on Wednesday, May 7, 2025
Globenewswire· 2025-05-05 23:15
Core Insights - Inspirato Incorporated plans to release its financial and operating results for the quarter ended March 31, 2025, after market close on May 7, 2025 [1] - A conference call is scheduled for May 8, 2025, at 1:00 PM ET to discuss the results [2][3] Company Overview - Inspirato is a luxury vacation club and property technology company that offers curated vacation options through an innovative model [3] - The company's portfolio includes exclusive luxury vacation homes, five-star hotel accommodations, and custom travel experiences [3]
Ohmyhome Ltd Announces Effective Date of Reverse Stock Split
Globenewswire· 2025-03-06 13:30
Core Viewpoint - Ohmyhome Ltd. has announced a reverse stock split of its ordinary shares at a ratio of 1-for-10, aimed at complying with Nasdaq's minimum bid price requirement [1][4]. Group 1: Reverse Stock Split Details - The reverse stock split will reduce the total number of outstanding ordinary shares from approximately 24 million to about 2.4 million [2]. - The effective date for the reverse stock split is March 10, 2025, and the new par value of the shares will be adjusted to $0.01 per share [3]. - Outstanding warrants and options will be adjusted proportionately in accordance with the reverse stock split, with no fractional shares issued [5]. Group 2: Compliance and Corporate Actions - The reverse stock split is part of Ohmyhome's strategy to meet Nasdaq's requirement of maintaining a minimum bid price of at least $1.00 per share [4]. - The Company has amended its Memorandum of Association to proportionately reduce the number of authorized shares for issuance [3]. Group 3: Company Overview - Ohmyhome is a property technology platform in Singapore, providing end-to-end property solutions including brokerage, renovation, and property management services [7]. - Since its launch in 2016, Ohmyhome has transacted over 15,500 properties and manages approximately 9,300 units as of October 29, 2024 [7].