The9 Limited (NCTY)

🇺🇸NASDAQ

8.90 +0.1 (1.14%)

At close: Jul 05, 2024, 4:00 PM

Market Cap79.6M
Days Range8.56 - 9.163
52 Week Range14.7 - 3.33
Volume19695
EPS (ttm)-5.78
PE Ratio-1.54

1.7% (1D)

The9 Limited News

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1 month ago - prnewswire.com

The9 Signed a Definitive Share Purchase Agreement to Invest in AI-Powered Educational Technology Company

SHANGHAI , June 2, 2024 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9"), an established Internet company, today announced that it signed a definitive share purchase agreement (the "Agreement") with Wuhan Weixiang Science And Technology Co., Ltd. ("WeiXiang"), an AI-powered educational technology company in China, to purchase 19% of WeiXiang by cash and issuance of The9's restricted shares.


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1 month ago - prnewswire.com

The9 Obtained Strategic Investment from Fine Vision Game Fund

SHANGHAI , May 24, 2024 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) (the "Company"), an established Internet company, today announced that it agreed and signed a private placement agreement (the "Agreement") with Fine Vision Fund, established by Finewill Capital, an internationally renowned investment institution. The fund is dedicated to investing in global game projects and supporting the future of the game industry.


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1 month ago - prnewswire.com

The9 Obtained Exclusive Publishing License of "MIR M" IP, A New Chinese Edition of Mobile and PC Game from Wemade

SHANGHAI , May 24, 2024 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) (the "Company"), an established Internet company, today announced that its wholly-owned subsidiary China Crown Technology Limited ("China Crown"), a company incorporated in Hong Kong, entered into an exclusive publishing license agreement (the "License Agreement") with Wemade Co., Ltd. ("Wemade").


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1 month ago - prnewswire.com

The9 Signed a Definitive Share Purchase Agreement to Invest in AI Unmanned Retail Store Platform KuaiJin

SHANGHAI , May 20, 2024 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9"), an established Internet company, today announced that it signed a definitive share purchase agreement (the "Agreement") with Kuaijin Shidai (Xiamen) Technology Co., Ltd. ("KuaiJin"), a company operating unmanned retail store platform in China, to purchase 15% of KuaiJin by cash and issuance of The9's restricted shares.


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2 months ago - prnewswire.com

The9 Limited Achieved 66% Increase in Net Revenues and Turned Net Loss into Net Income for the Year Ended December 31, 2023

SHANGHAI , April 15, 2024 /PRNewswire/ -- The9 Limited (NASDAQ: NCTY) ("The9"), an established Internet company, today announced it filed its annual report on Form 20-F for the year ended December 31, 2023 with the United States Securities and Exchange Commission ("SEC"). The annual report, which contains The9's audited financial statements, can be assessed on the SEC's website at http://www.sec.gov as well as on the Investor Relations section of The9's website at http://www.the9.com.


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2 months ago - prnewswire.com

A New Generation of Antidepressant Drug Precision Treatment Based on Revolutionary AI Technology is Born

SHANGHAI , April 15, 2024 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9"), an established Internet company, today announced that its investee WM Therapeutics Co., Ltd. (未名脑脑) ("WM Therapeutics") has achieved revolutionary breakthroughs in the proprietarily developed research and development of antidepressant drug precision treatment.


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3 months ago - prnewswire.com

The9 Signed a Definitive Share Purchase Agreement to Invest in GenAI LLM Digital Precision Medicine Platform for Brain Disease WM Therapeutic

SHANGHAI , March 26, 2024 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9"), an established Internet company, today announced that it signed a definitive share purchase agreement (the "Agreement") with WM Therapeutic Co., Ltd. ("WM Therapeutic"), a company operating Generative AI (GenAI) large language model (LLM) multi-dimensional and multi-omics digital precision medicine platform for brain disease, to purchase an additional 21.7% shares of WM Therapeutic by cash and issuance of The9's restricted shares.


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4 months ago - prnewswire.com

The9 Signed a Legally Binding Term Sheet to Acquire a Leading AIGC Driven Digital Human SaaS Platform ShenMa

SHANGHAI , March 5, 2024 /PRNewswire/ --  The9 Limited (Nasdaq: NCTY) ("The9"), an established Internet company, today announced that it signed a legally binding term sheet (the "Term Sheet") with Shenma Limited ("Shenma") to purchase 51% shares of Shenma by cash and issuance of The9's restricted shares. Pursuant to the Term Sheet, The9 will pay cash consideration of US$1 million and will issue restricted Class A ordinary shares to Shenma or its shareholders with the value of US$14.3 million.


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4 months ago - prnewswire.com

The9 Signed a Legally Binding Term Sheet with a Leading AI SaaS Legal Service Platform 365LAWHELP.COM

SHANGHAI , Feb. 21, 2024 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9"), an established Internet company, today announced that it signed a legally binding term sheet (the "Term Sheet") with Zhejiang Fazhidao Information Technology Co., Ltd. ("Fazhidao") to purchase 19% shares of Fazhidao by cash and issuance of The9's restricted shares.


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4 months ago - prnewswire.com

The9 Signed a Legally Binding Term Sheet with a Leading AI SaaS Legal Service Platform 365LAWHELP.COM

SHANGHAI , Feb. 21, 2024 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9"), an established Internet company, today announced that it signed a legally binding term sheet (the "Term Sheet") with Zhejiang Fazhidao Information Technology Co., Ltd. ("Fazhidao") to purchase 19% shares of Fazhidao by cash and issuance of The9's restricted shares.


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5 months ago - prnewswire.com

The9's Chairman and CEO to Purchase No More Than 10% of The9 ADSs in the Open Market

SHANGHAI , Jan. 19, 2024 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9" or the "Company"), an established Internet company, today announced that it was informed by its Chairman and CEO, Jun Zhu, of his intention to use personal funds to purchase up to 10% of the Company's outstanding American depositary shares in the open market from time to time at prevailing market prices in accordance with applicable rules and regulations. "As the Chairman and CEO, I must follow all the rules and regulations on purchasing Company's shares in the open market in strict compliance," Mr.


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7 months ago - prnewswire.com

The9 Limited Raised US$12 million in a Private Placement Transaction to Fund Business Growth

SHANGHAI , Nov. 30, 2023 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) (the "Company"), an established Internet company, today announced that it has closed a private placement securities purchase transaction with Bripheno Pte. Ltd., a Singapore limited liability company, pursuant to which the Company sold and issued: 150,000,000 Class A ordinary shares (equivalent to 500,000 American Depository Shares, or ADSs) at a price of USD12 per ADS, two-year 3% per annum convertible promissory note at the purchase price of US$6 million with the conversion price of USD15 per ADS and warrants to purchase an aggregate of 120,000,000 Class A ordinary shares (equivalent to 400,000 ADSs) at an exercise price of US$60 per ADS.


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7 months ago - prnewswire.com

The9 Limited to Hold Annual General Meeting on December 22, 2023

SHANGHAI , Nov. 17, 2023 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) (the "Company"), an established Internet company, today announced that it will hold an annual general meeting of shareholders at BNY Mellon Office, Room No. 2602, 26/F Three Pacific Place, 1 Queen's Road East, Wanchai, Hong Kong, at 2 p.m.


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12 months ago - investorplace.com

7 Doomed Stocks Destined for Disaster

Much like baseball, the investing game yields success through mitigated failure, which brings us to the topic of doomed stocks to avoid. No matter who you are, you will never achieve a perfect lifetime record in the capital market.


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2 years ago - fool.com

Here's Why The9 Stock Popped Today

The cryptocurrency miner inked a new NFT license agreement with a major NFL star.


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2 years ago - pulse2.com

The9 (NCTY) Stock: Why The Price Increased Today

The stock price of The9 Limited (NASDAQ: NCTY) increased by over 6% pre-market today. This is why it happened.


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2 years ago - prnewswire.com

The9 Limited, Polygon, and Protocol Labs Announced Ecosystem Collaboration on NFTSTAR and GameFi Play-to-earn Projects

SINGAPORE, Sept. 23, 2021 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9"), an established internet company, Polygon, an Ethereum scaling platform, and Protocol Labs, Inc. ("Protocol Labs"), a major contributor of open-source projects including InterPlanetary File System, or IPFS, and Filecoin, today announced that they are forming an ecosystem collaboration on The9's Non-Fungible Token (NFT) platform NFTSTAR and GameFi Play-to-Earn projects.


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2 years ago - prnewswire.com

The9 Limited Announced the Launch of NFT Platform NFTSTAR

SHANGHAI, Aug. 29, 2021 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9"), an established Internet company, today announced that it has formally stepped into the Non-Fungible Token ("NFT") business. NFTSTAR Singapore Pte.


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2 years ago - pulse2.com

The9 Shares Increase Over 7% Pre-Market: Why It Happened

The shares of The9 Limited (NASDAQ: NCTY) increased by over 7% pre-market. This is why it happened.


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2 years ago - pulse2.com

The9 Limited Shares Increase Over 4% Pre-Market: Why It Happened

The shares of The9 Limited (NASDAQ: NCTY) increased by over 4% pre-market. This is why it happened.


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2 years ago - pulse2.com

NCTY Stock Price Increases Over 9% Pre-Market: Why It Happened

The stock price of The9 Limited (NASDAQ: NCTY) increased by over 9% pre-market. This is why it happened.


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2 years ago - pulse2.com

NCTY Stock Increases Over 19% Intraday: Why It Happened

The stock price of The9 Limited (NASDAQ: NCTY) increased by over 19% during intraday trading. This is why it happened.


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2 years ago - forbes.com

Johnson & Johnson Ranked Among Today's Trending Stocks

Q.ai runs daily factor models to get the most up-to-date reading on stocks and ETFs. Today, our deep-learning algorithms have identified Johnson & Johnson among others.


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3 years ago - fool.com

Why Shares of Coinbase, MicroStrategy, Grayscale, and The9 Limited All Rose Today

These stocks have been correlated with the price of Bitcoin, which rebounded over the weekend.


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3 years ago - fool.com

Here's Why It Was a Bad Day for Bitcoin and Bitcoin Stocks

Around 90% of cryptocurrency mining operations in China are reportedly now shut down.