News Archives - Page 9 of 12

ThursdayApr 29, 2021 12:48 pm

ChineseNewsBreaks – Foresight Autonomous Holdings Ltd.’s (NASDAQ: FRSX) (TASE: FRSX) Rail Vision Files Draft Prospectus for IPO

Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems, today announced that its affiliate, Rail Vision Ltd., filed a nonpublic draft prospectus for an initial public offering and registration for trade of its securities on the Tel Aviv Stock Exchange Ltd. According to the update, Rail Vision filed the draft prospectus with the Tel Aviv Stock Exchange and Israeli Securities Authority on April 25, 2021. Rail Vision informed Foresight that it simultaneously intends to test the prevailing Israeli capital market conditions towards a possible public offering. However, Rail Vision has not yet finalized any decision on…

WednesdayApr 28, 2021 11:54 am

ChineseNewsBreaks – Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) Announces Excellent Performance of Csfctech’s Core Products Since Acquisition

Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT), a leading producer, developer and operator of augmented reality ("AR") interactive entertainment games, toys and educational materials in China, today announced preliminary revenue contributed by its subsidiary, Fuzhou Csfctech Co. Ltd. ("Csfctech"), of RMB23.0 million (approximately US$3.53 million) year-to-date, which has grown steadily since the acquisition closed. "We are pleased to see the excellent performance of Csfctech's core products since the acquisition in late 2020, with solid growth in customer base and revenue that has been supported by increased demand in the overall gaming sector," said Xiaodong Chen, CEO of Blue Hat. "Csfctech's…

FridayApr 23, 2021 9:42 am

ChineseNewsBreaks – Infobird Software Co. Ltd. (NASDAQ: IFBD) Closes on $25M Initial Public Offering

Infobird Software (NASDAQ: IFBD), a software-as-a-service (“SaaS”) provider of artificial intelligence (“AI”)-powered customer engagement solutions in China, has closed on its previously announced underwritten initial public offering. The offering, which consisted of 6,250,000 ordinary shares offered at $4 per share, resulted in gross proceeds for the company of $25 million before typical fees and offering expenses. In the announcement, Infobird noted that the ordinary shares were approved for listing on the Nasdaq Capital Market and began trading on April 20, 2021, under the ticker symbol IFBD. The company also announced that it has granted the underwriters a 45-day option to…

ThursdayApr 22, 2021 10:02 am

ChineseNewsBreaks – iClick Interactive Asia Group Ltd. (NASDAQ: ICLK) Announces Annual Report Has Been Filed with SEC

iClick Interactive Asia Group (NASDAQ: ICLK), an independent online marketing and enterprise data solutions provider in China, has filed its annual financial and business report. The report covers fiscal year 2020, the period ended on Dec. 31, 2020. The company, which connects worldwide marketers with audiences throughout China, filed the report on Form 20 with the U.S. Securities and Exchange Commission ("SEC"). The report, which was filed on April 21, 2021, includes ICLK’s audited consolidated financial statements; the FY 2020 report is also available on the company’s investment relations website. To view the full report, visit https://ibn.fm/W9HY4 To view the full…

WednesdayApr 21, 2021 3:17 pm

ChineseNewsBreaks – Infobird Software Co. Ltd. (NASDAQ: IFBD) Offers Next-Gen Digitalized Customer Engagement Expertise

Infobird Software (NASDAQ: IFBD), a software-as-a-service (“SaaS”) provider of AI-powered customer engagement solutions in China, offers holistic software solutions to support its growing corporate clientele deliver and manage customer engagement activities from beginning to end of the sales process; the company’s services even extend beyond to pre-sales and post-sales client support and involvement. Infobird combines its proprietary cloud computer structure with patented Voice over Internet Protocol (“VoIP”) and AI and machine learning capabilities as well as a no-code development platform for a flagship customer engagement offering unlike anything else in the industry. The company’s compelling customer engagement services include a…

WednesdayApr 21, 2021 2:50 pm

ChineseNewsBreaks – Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) Announces Initial Results of Cooperation with China’s Top Mobile Operators

Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT), a leading producer, developer and operator of augmented reality ("AR") interactive entertainment games, toys and educational materials in China, today announced that its controlling subsidiary Xunpusen (Xiamen) Technology Co. Ltd. has achieved total transaction volume of RMB31 million (approximately US$4.77 million) in direct deals with China's top three mobile operators. "We are pleased with the initial results of our cooperation with China's top three mobile operators following our strategic deployment of Xunpusen," said Xiaodong Chen, CEO of Blue Hat. "The InternetPlus model of value-added services under data collection and operation creates favorable conditions…

WednesdayApr 21, 2021 9:54 am

ChineseNewsBreaks – Foresight Autonomous Holdings Ltd.’s (NASDAQ: FRSX) (TASE: FRSX) Eye-Net, WebSIA Partner to Integrate Solutions in Sao Paulo, Brazil

Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems, today announced that its wholly owned subsidiary, Eye-Net Mobile Ltd., has entered a distribution agreement with WebSIA Soluções Disruptivas, Inteligências Associadas, Tecnologia e Serviços Ltda. WebSIA is a Brazilian distributor, developer and integrator focused on cutting-edge technologies. Under the agreement, WebSIA will exclusively promote and sell the Eye-Net(TM) Protect cellular-based accident prevention solution and serve as Eye-Net’s distributor in the city of Sao Paulo to support customers and generate new business. Following successful integration of Eye-Net’s solutions in Sao Paulo, the agreement may be expanded to additional…

ThursdayApr 15, 2021 10:31 am

ChineseNewsBreaks – Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) Partners with Tencent QQ for Well-Known QQ Penguin Logo and Emoji

Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT), a leading producer, developer and operator of augmented reality ("AR") interactive entertainment games, toys and educational materials in China, today announced its entry into a two-year licensing agreement with Tencent QQ ("QQ"), an instant messaging and social platform for PC and mobile users. Under the agreement, Blue Hat will use intellectual property ("IP") of the QQ penguin logo and QQ emoji on its toy products and related marketing materials, effective March 1, 2021. "We are pleased to partner with QQ under this licensing agreement for their well-known QQ penguin logo and QQ emoji,"…

WednesdayApr 14, 2021 1:14 pm

ChineseNewsBreaks – iClick Interactive Asia Group Ltd. (NASDAQ: ICLK) Named an Asia Pacific High-Growth Company by the Financial Times

iClick Interactive Asia Group (NASDAQ: ICLK), an independent online marketing and enterprise data solutions provider in China, has been recognized for its exceptional business growth by the Financial Times and Nikkei Asia. ICLK was listed in the group’s annual exclusive ranking of Asia-Pacific High-Growth Companies 2021. This recognition honors 500 outstanding companies in the Asia Pacific region and is based on months of research, public calls, intensive database research and directly contacting thousands of companies. The prestigious yearly announcement and ranking is a joint initiative by The Financial Times, Nikkei Asia and the data company Statista. This is iClick’s first appearance in the ranking. “We are delighted…

ThursdayApr 08, 2021 9:23 am

ChineseNewsBreaks – Blue Hat Interactive (NASDAQ: BHAT) Releases FY 2020 Financial Numbers

Blue Hat Interactive (NASDAQ: BHAT), a leading producer, developer and operator of augmented reality interactive entertainment games, toys and educational materials in China, released its audited financial numbers for the fiscal year ended Dec. 31, 2020. The company also announced that an April 8 conference call would discuss the results. Highlights of the financial report included total revenue for the company of $30.2 million, an increase of more than 26% over FY 2019; gross profit of $14 million; and cash equivalent of $15.8 million in cash and cash equivalents. The report also noted operational highlights for the year, including a three-year licensing…

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