1 month ago - prnewswire.com

BEIJING , May 31, 2024 /PRNewswire/ -- AirNet Technology Inc., formerly known as AirMedia Group Inc. ("AirNet" or the "Company") (Nasdaq: ANTE), today announced that the Company entered into a sales and purchase agreement with an unaffiliated third party for the purchase of 6,218 units of Bitcoin Miner S21 on May 30, 2024. The aggregate purchase price for these miners is approximately RMB177.2 million.

1 month ago - prnewswire.com

BEIJING , May 31, 2024 /PRNewswire/ -- AirNet Technology Inc., formerly known as AirMedia Group Inc. ("AirNet" or the "Company") (Nasdaq: ANTE), today announced that it held its annual general meeting of shareholders on May 31, 2024. At the meeting, the shareholders resolved by an ordinary resolution to increase the authorized share capital of the Company from US$1,000,000 divided into 22,500,000 ordinary shares of a nominal or par value of US$0.04 each and 2,500,000 preferred shares of a nominal or par value of US$0.04 each to US$40,000,000 divided into 900,000,000 ordinary shares of a nominal or a par value of US$0.04 each and 100,000,000 preferred shares of a nominal or par value of US$0.04 each, by the creation of an additional 877,500,000 ordinary shares with a par value of US$0.04 each and 97,500,000 preferred shares with a par value of US$0.04 each.

1 month ago - globenewswire.com

BEIJING, May 08, 2024 (GLOBE NEWSWIRE) -- AirNet Technology Inc., formerly known as AirMedia Group Inc. (“AirNet” or the “Company”) (Nasdaq: ANTE), today announced that it received a notification letter dated April 29, 2024 from the Listing Qualifications Department of The Nasdaq Stock Market Inc. (the “Nasdaq”) notifying that Nasdaq has determined to grant the Company an extension to regain compliance with the Nasdaq Listing Rule 5550(b)(1) for continued listing (the “Rule”).

2 months ago - globenewswire.com

BEIJING, May 02, 2024 (GLOBE NEWSWIRE) -- AirNet Technology Inc., formerly known as AirMedia Group Inc. (“AirNet” or the “Company”) (Nasdaq: ANTE), today announced that it has called an annual general meeting of shareholders (the “AGM”), to be held at Suite 301, No. 26 Dongzhimenwai Street, Chaoyang District, Beijing 100027, People's Republic of China on May 31, 2024 at 10:00 A.M. (Beijing time). The proposal to be submitted for shareholders' approval at the AGM is to consider and vote on the resolution to increase the authorized share capital of the Company from US$1,000,000 divided into 22,500,000 ordinary shares of a nominal or par value of US$0.04 each and 2,500,000 preferred shares of a nominal or par value of US$0.04 each to US$40,000,000 divided into 900,000,000 ordinary shares of a nominal or a par value of US$0.04 each and 100,000,000 preferred shares of a nominal or par value of US$0.04 each, by the creation of an additional 877,500,000 ordinary shares with a par value of US$0.04 each and 97,500,000 preferred shares with a par value of US$0.04 each.

2 months ago - prnewswire.com

BEIJING, April 18, 2024 /PRNewswire/ -- AirNet Technology Inc., formerly known as AirMedia Group Inc. ("AirNet" or the "Company") (Nasdaq: ANTE), today announced that it completed a private placement of 3,372,788 ordinary shares of the Company with par value of US$0.04 per share (each a "Share") for an aggregate subscription amount of US$5.7 million with certain investors. The Shares have not been registered under the Securities Act of 1933, as amended, or under the securities laws of any state.

3 months ago - prnewswire.com

BEIJING , March 14, 2024 /PRNewswire/ -- AirNet Technology Inc., formerly known as AirMedia Group Inc. ("AirNet" or the "Company") (Nasdaq: ANTE), today announced that it received a notification letter (the "Notification Letter on Compliance") from the Listing Qualifications Department of The Nasdaq Stock Market Inc. ("Nasdaq") on March 13, 2024, indicating that the Company has regained compliance with the minimum bid price requirement set forth in Rule 5550(a)(2) of the Nasdaq Listing Rules. As previously announced, on November 27, 2023, the Nasdaq notified the Company of its non-compliance with the Nasdaq's minimum bid price requirement because, as of November 24, 2023, the Company's closing bid price per American depositary share ("ADS") was less than US$1.00 per ADS over the previous 30 consecutive business days.

3 months ago - prnewswire.com

BEIJING , March 11, 2024 /PRNewswire/ -- AirNet Technology Inc., formerly known as AirMedia Group Inc. (the "Company") (Nasdaq: ANTE), today announced changes in its board of directors (the "Board"). Mr. Dong Wen has tendered resignation as an independent director of the Company, a member of the audit committee of the Board, and the chairperson and a member of each of the compensation committee and compliance committee of the Board, effective from March 8, 2024.

4 months ago - prnewswire.com

BEIJING , Feb. 21, 2024 /PRNewswire/ -- AirNet Technology Inc., formerly known as AirMedia Group Inc. (the "Company") (Nasdaq: ANTE), today announced changes in its senior management team. Each of Ms.

6 months ago - globenewswire.com

BEIJING, Jan. 05, 2024 (GLOBE NEWSWIRE) -- AirNet Technology Inc., formerly known as AirMedia Group Inc. (the “Company”) (Nasdaq: ANTE), today announced that it received a notification letter dated December 29, 2023 (the “Deficiency Letter”) from the Listing Qualifications Department of The Nasdaq Stock Market Inc. (the “Nasdaq”) notifying that the Company is no longer in compliance with the Nasdaq Listing Rule 5550(b)(1) for continued listing due to its failure to maintain a minimum of $2.5 million in stockholders' equity. In the Company's Form 6-K dated December 28, 2023, the Company reported a negative stockholders' equity of approximately $25.3 million. Nasdaq also determined that the Company does not meet the alternatives of market value of listed securities or net income from continuing operations for continued listing.

6 months ago - globenewswire.com

BEIJING, Dec. 26, 2023 (GLOBE NEWSWIRE) -- AirNet Technology Inc., formerly known as AirMedia Group Inc. (“AirNet” or the “Company”) (Nasdaq: ANTE), today announced its unaudited financial results for the first half of 2023.

7 months ago - globenewswire.com

BEIJING, Dec. 01, 2023 (GLOBE NEWSWIRE) -- AirNet Technology Inc., formerly known as AirMedia Group Inc. (“AirNet” or the “Company”) (Nasdaq: ANTE), today announced that it received a notification letter (the “Notification Letter”) from the Listing Qualifications Department of The Nasdaq Stock Market Inc. (“Nasdaq”) dated on November 27, 2023 indicating that the Company is no longer in compliance with the minimum bid price requirement set forth in Rule 5550(a)(2) of the Nasdaq Listing Rules as the Company's closing bid price per American depositary share (“ADS”), each representing one ordinary share of the Company, has been below $1.00 for a period of 30 consecutive business days.

3 years ago - prnewswire.com

BEIJING, March 11, 2021 /PRNewswire/ -- AirNet Technology Inc., formerly known as AirMedia Group Inc. ("AirNet" or the "Company") (Nasdaq: ANTE), an in-flight solution provider on connectivity, entertainment, and digital multimedia in China, today announced a change in its management. Mr. Xin Li has tendered his resignation as the chief financial officer of the Company, effective from March 5, 2021.

3 years ago - benzinga.com

Shares of several cryptocurrency-related companies soared on Tuesday as Bitcoin (CRYPTO: BTC) posted a major recovery from a low of $49,506 on Monday to trade at $54,566.20 at press time. What Happened: Bitcoin equipment manufacturer Canaan Inc (NASDAQ:CAN) shares closed 50.45% higher at $28.69 and rose 3.87% to $29.80 in the after-hours session.

3 years ago - pulse2.com

The stock price of Airnet Technology Inc (NASDAQ: ANTE) is trading at over 10% pre-market. This is why it happened.

3 years ago - pulse2.com

The stock price of Airnet Technology Inc (NASDAQ: ANTE) is trading at over 50% pre-market today. This is why it happened.

3 years ago - thelincolnianonline.com

AirNet Technology Inc. (NASDAQ:ANTE) was the target of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totalling 38,300 shares, a decrease of 20.0% from the September 15th total of 47,900 shares. Based on an average daily volume of 1,020,000 shares, the short-interest ratio is […]

3 years ago - finance.yahoo.com

AirNet Technology Inc., formerly known as AirMedia Group Inc. ("AirNet" or the "Company") (Nasdaq: ANTE), an in-flight solution provider on connectivity, entertainment, and digital multimedia in China, today announced that its board of directors (the "Board") has adopted a shareholder rights plan. Pursuant to the plan, the Company will issue one right (a "Right") with respect to each outstanding ordinary share of the Company of a par value of US$0.001 each (the "Ordinary Shares"), held of record at the close of business on August 24, 2020.

3 years ago - artemis.bm

U.S. primary insurance carrier Travelers has adjusted the attachment point for its $500 million Long Point Re III Ltd. (Series 2018-1) catastrophe bond

3 years ago - insurancejournal.com

The workers' compensation line is unlikely to generate a profit this year and may not recover in 2021, an insurance industry economist said during a

3 years ago - businesswire.com

Retired Vanguard executive joins board Penn National Insurance

3 years ago - artemis.bm

U.S. primary insurance carrier Travelers is now very close to attaching or triggering its $280 million of aggregate reinsurance coverage, after a heavy

3 years ago - eturbonews.com

The results of an APAC-wide travel sentiment survey were released today, revealing 6 key findings that the travel industry can leverage for COVID-19 | eTurboNews | Trends | Travel News | rebuilding

3 years ago - marketwatch.com

Dragged down by declines for shares of Dow Inc. and Travelers, the Dow Jones Industrial Average is falling Thursday morning. Shares of Dow Inc. and Travelers...

3 years ago - artemis.bm

U.S. primary insurance carrier Travelers has confirmed that its estimated $400 million PG&E subrogation related recovery will inure to the benefit of

3 years ago - marketwatch.com

The Dow Jones Industrial Average is falling Thursday morning with shares of Dow Inc. and Travelers delivering the stiffest headwinds for the blue-chip...