News Archives - Page 2 of 13

MondayMar 25, 2024 3:32 pm

ChineseNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Issues Capybara Research Litigation Update

FingerMotion (NASDAQ: FNGR), on Oct. 19, 2023, announced that it filed a federal lawsuit in the United States District Court for the Southern District of New York, FingerMotion, Inc., v. Capybara Research et. al. The case was against defendant Capybara Research, alleging claims for securities fraud, tortious interference with prospective business expectancy and defamation in connection with a defamatory article maliciously published to its website and X account in a premeditated attempt to decrease FingerMotion’s share price and financially benefit from its previously disclosed short position. On Jan. 16, 2024, the company amended its complaint to add claims against Accretive…

ThursdayMar 21, 2024 1:49 pm

ChineseNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR), CEO Recognized at FiNext Conference with Excellence in Finance Awards

FingerMotion (NASDAQ: FNGR), a mobile services and data company, and CEO Martin J. Shen, received recognition at the recent FiNext Conference. At the conference, which was held in Dubai on Feb. 28–29, 2024, FingerMotion and Shen both received awards. Shen was awarded the Excellence in Finance — Leaders Award, and the company was awarded the Excellence in Finance — Companies Award. The Excellence in Finance — Companies Award recognizes organizations that have demonstrated exceptional performance, innovation and impact within the finance and fintech sector, while the Excellence in Finance — Leaders Award spotlights individuals who have exhibited exemplary leadership, vision…

WednesdayFeb 21, 2024 12:13 pm

ChineseNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Reports on Actions, Approvals of Annual Shareholder Meeting

FingerMotion (NASDAQ: FNGR), a mobile services and data company, is reporting on the results of its recent annual meeting of shareholders. According to the report, the meeting was held on Feb. 17. During the meeting, shareholders voted on several issues, including the election of Martin J. Shen, Hsien Loong Wong, Yew Poh Leong, Michael Chan and Eng Ho Ng as members of the company’s board of directors. Other issues that were approved by shareholders during the meeting was the appointment of Centurion ZD CPA & Co. as FingerMotion’s independent registered public accounting firm as well as executive compensation. In addition,…

FridayJan 26, 2024 11:04 am

ChineseNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) to Present at Upcoming Microcap Conference

FingerMotion (NASDAQ: FNGR), a mobile services and data company, has announced that it will be participating at the Microcap Conference; the conference is scheduled for Jan. 30–Feb. 1, 2024, in Atlantic City, New Jersey. FingerMotion CEO Martin J. Shen will be presenting at the conference; his presentation is scheduled to begin at 12:30 p.m. ET on Jan. 31. In addition, members of the FingerMotion management team will be available for one-on-one meetings during the three-day event. The Microcap Conference is hosted by DealFlow Events and features presentations from publicly traded microcap companies and qualified private companies across an array of sectors,…

WednesdayJan 24, 2024 12:10 pm

ChineseNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Announces Preliminary Approval of Dividend Warrant

FingerMotion (NASDAQ: FNGR), a mobile services and data company, announced that its board of directors has preliminarily approved a dividend in kind of warrants (each, a “dividend warrant”) to purchase shares of the company's common stock to holders of the company’s common stock. According to the announcement, the terms of the dividend warrants, as well as the record and payment dates for the dividend, will be fixed by further resolution of the board. The dividend warrants are anticipated to be created and allotted per a warrant agreement to be entered into between FingerMotion and a suitably qualified institutional warrant agent.…

MondayJan 22, 2024 12:28 pm

ChineseNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Releases Supplemental Quarterly Guidance

FingerMotion (NASDAQ: FNGR), a mobile services and data company, has released a supplemental corporate update that outlines revenue mix, recognition of revenue and the transition to increasing gross margins. The information was released in a shareholder letter from FingerMotion CEO Martin Shen. According to the letter, the majority of FingerMotion revenue is currently derived from its Telecommunication Products and Services division, which has consisted primarily of Top-Up and Recharge services but is evolving to include other endeavors. The letter discussed the following service offerings within this category: Top Up and Recharge, which includes Top Up and Recharge services offered to…

TuesdayJan 16, 2024 2:50 pm

ChineseNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Releases Third-Quarter 2024 Financial Report

FingerMotion (NASDAQ: FNGR), a mobile services and data company, is reporting on its financial results for the third quarter of fiscal 2024, the period ended Nov. 30, 2023. Numbers to note from the report include quarterly revenue of $6.14 million, which includes the company’s SMS & MMS, Telecommunications Products & Services businesses as well as Big Data, totaled $5.26 million, or 46% decrease, compared to Q3 2023; a quarterly decrease in Telecommunications Products & Services business revenue of $4.22 million or 41% compared to Q3 2023; quarterly Big Data revenue of $.01 million compared to $.19 million in Q3 2023;…

WednesdayJan 10, 2024 1:33 pm

ChineseNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Unveils New App Connecting Car Owners with Car Services

FingerMotion (NASDAQ: FNGR), a mobile services and data company, and its subsidiary, Shanghai JuiGe Information Technology Co. Ltd., have launched a new app. Called Da Ge, the consumer application links car owners with an array of key services, including car washing, detailing and maintenance and linking users with full-service independent service stations. According to the announcement, an estimated 18,000 car-care service stations have already been onboarded on the app, and the company projects that more than 25,000 service stations will be signed up by the end of 2024. In addition, the company noted that the national rollout generated a post-beta…

FridayJan 05, 2024 12:59 pm

ChineseNewsBreaks – Linkage Global Inc. (NASDAQ: LGCB) Closes $6M IPO

Linkage Global (NASDAQ: LGCB), a cross-border e-commerce integrated service company headquartered in Japan, recently announced the closing of its initial public offering of 1,500,000 ordinary shares, each at a public offering price of $4.00, for total gross proceeds of $6,000,000. In addition, the company granted the underwriters an option, exercisable within 45 days from the closing date of the offering, to purchase up to an additional 225,000 ordinary shares at the public offering price, less underwriting discounts and commissions, to cover the over-allotment option, if any. The ordinary shares began trading on the Nasdaq Capital Market under the ticker symbol…

WednesdayDec 20, 2023 2:20 pm

ChineseNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) ‘Just Scratching the Surface of What Is Possible’ in Big Data

FingerMotion (NASDAQ: FNGR), a mobile services and data company, today provided an update on its big data subsidiary branded Sapientus. Among the highlights, the company reported on the positive positioning of big data models and Sapientus’ expectations to engage more partners for commercial applications and expanded use cases. With proprietary analytic models collaboratively tested and validated with empirical insurance data, the past year has been transformative to Sapientus. Studies have demonstrated a high degree of accuracy in their predictive value in tracking substandard cases, which is pivotal in the enhancement of the overall insurance underwriting experience. Extending beyond insurance, the…

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