IPO Year:
Exchange: NASDAQ
| Date | Price Target | Rating | Analyst |
|---|
SC 13D/A - Caravelle International Group (0001928948) (Subject)
SC 13D - Caravelle International Group (0001928948) (Subject)
SC 13D/A - Caravelle International Group (0001928948) (Subject)
SC 13D/A - Caravelle International Group (0001928948) (Subject)
SINGAPORE, Sept. 9, 2024 /PRNewswire/ -- Caravelle International Group (NASDAQ:CACO), a global ocean technology company, today announced its audited financial results for the fiscal year ended October 31, 2023. Due to the overall environment of the shipping industry and increased operating costs post-listing, in the fiscal year 2023, Caravelle achieved revenue of approximately $95.3 million, a decrease of 48.6% from the approximately $185.3 million in the fiscal year 2022. The company reported a net loss of about $15.8 million, a significant change from the net income of appro
6-K - Caravelle International Group (0001928948) (Filer)
6-K - Caravelle International Group (0001928948) (Filer)
6-K - Caravelle International Group (0001928948) (Filer)
6-K - Caravelle International Group (0001928948) (Filer)
20-F - Caravelle International Group (0001928948) (Filer)
6-K - Caravelle International Group (0001928948) (Filer)
6-K - Caravelle International Group (0001928948) (Filer)
6-K - Caravelle International Group (0001928948) (Filer)
6-K - Caravelle International Group (0001928948) (Filer)
6-K - Caravelle International Group (0001928948) (Filer)
SINGAPORE, Sept. 25, 2024 /PRNewswire/ -- Caravelle International Group (NASDAQ:CACO), a global ocean technology company, today announced that its ordinary shares will begin trading on NASDAQ under the ticker symbol 'HTCO' prior to market open on September 30, 2024. This will replace the company's current ticker symbol 'CACO', which has been used since its de-SPAC transaction in 2022. No action by the company's shareholders is required with respect to the ticker symbol change. The company's ordinary shares will continue to be listed on NASDAQ, and the CUSIP and ISIN will remai
SINGAPORE, Sept. 9, 2024 /PRNewswire/ -- Caravelle International Group (NASDAQ:CACO), a global ocean technology company, today announced its audited financial results for the fiscal year ended October 31, 2023. Due to the overall environment of the shipping industry and increased operating costs post-listing, in the fiscal year 2023, Caravelle achieved revenue of approximately $95.3 million, a decrease of 48.6% from the approximately $185.3 million in the fiscal year 2022. The company reported a net loss of about $15.8 million, a significant change from the net income of appro
SINGAPORE, Aug. 8, 2024 /PRNewswire/ -- Caravelle International Group ((the ", Company", , NASDAQ:CACO), a global ocean technology company, today announced that it has entered some agreements ( the "Agreements") with two institutional investors (the "Investors") to terminate all terms and provisions of the Securities Purchase Agreement and other related transaction agreements dated January 5, 2024 (the "Securities Purchase Agreement"), pursuant to which the Company will buy back the $1.5 million Senior Secured Original Issue 15% Discount Convertible Promissory Note (the "Note") and the Investors' rights to purchase a certain number of the Company's Common Shares (the "Warrants") have been ca
SINGAPORE, Aug. 6, 2024 /PRNewswire/ -- On July 26, 2024, Caravelle International Group (the "Company") received a deficiency letter (the "Nasdaq Bid Price Deficiency Letter") from Nasdaq notifying the Company that, for the last 33 consecutive business days, the closing bid price for the Company's ordinary shares has been below the minimum $1.00 per share required for continued listing on The Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(a)(2). The Nasdaq Bid Price Deficiency Letter has no immediate effect on the listing of the Company's common stock, and its common stock will continue to trade on The Nasdaq Capital Market under the symbol "CACO" at this time.
SINGAPORE, June 11, 2024 /PRNewswire/ -- Caravelle International Group (NASDAQ:CACO), a leading global marine technology company received the determination letter on June 10 from Nasdaq (the "Determination Letter") that for the 17 consecutive business days, from May 15, 2024, to June 7, 2024, the closing bid price of the Company's ordinary shares has been at $1.00 per share or greater. Accordingly, the Company has regained compliance with the Minimum Bid Requirement and this matter is now closed. On June 10, 2024, Nasdaq also notified the Company that, after its review of the
SINGAPORE, April 25, 2024 /PRNewswire/ -- Caravelle International Group (NASDAQ:CACO), a leading global marine technology group of companies, today announced that it has signed a Memorandum of Understanding (MoU) with the Ministry of Water and Forestry of Gabon on the development of a critical timber processing and marketing technology for the transportation, processing and sale of timber. This initiative is another important step in preparation for the drying of timber on the same carrier as the transportation of manganese ore. Under the Memorandum of Understanding, Caravelle
SINGAPORE, April 18, 2024 /PRNewswire/ -- Caravelle International Group (NASDAQ:CACO), a leading global marine technology group of companies, today announced the signing of an innovative manganese ore sourcing agreement with CUEX Metal AG ("CUEX"), a leading provider of services to the global steel, foundry and smelting industries. This partnership not only ensures CUEX's stability in the global manganese ore supply chain, but also marks a substantial step forward in the cooperation between the two companies in the wood drying business. CUEX has built an outstanding reputation
SINGAPORE, March 29, 2024 /PRNewswire/ -- Caravelle International Group (NASDAQ:CACO), a global ocean technology company, today announced that it received a notice from The Nasdaq Stock Market LLC (Nasdaq) indicating that, as a result of not having timely filed its Annual Report on Form 20-F for the fiscal year ended Oct 31, 2023, the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1), which requires timely filing of all required periodic financial reports with the Securities and Exchange Commission. The Notice has no immediate impact on the listing of the Compan
SINGAPORE, March 4, 2024 /PRNewswire/ -- Caravelle International Group (NASDAQ:CACO), a trailblazing global ocean technology company, is excited to announce a significant leap forward in its operational capabilities with the full commissioning stage of its pioneering wood drying ship. This innovative venture marks a significant milestone in the company's commitment to leveraging sustainable technologies and processes. After meticulous planning and procurement, Caravelle International Group has successfully acquired all necessary components for the assembly of state-of-the-art
SINGAPORE, Feb. 29, 2024 /PRNewswire/ -- Caravelle International Group ((the ", Company", , NASDAQ:CACO), a trailblazing global ocean technology company, today announced its unaudited and unreviewed financial results for the six months ended April 30, 2023. Half year 2023 Financial Highlights Six Months Ended Year-over- April 30, April 30, Year % In millions, except percentages 2023 2022 Change Total revenues $ 45.10 $ 96.67 (53.35) % Gross margin 7.51 % 22.54 % (66.68) % Income from operation $ 1.36 $ 20.13 (93.24) % Net income $ 1.35 20.15 (93.30) % April 30, October 31,