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BEIJING, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Haoxi Health Technology Limited (the "Company" or "HAO"), an online marketing solution provider headquartered in Beijing, China, today announced that the Company received a letter (the "Notification Letter") from the Listing Qualifications Department of the Nasdaq Stock Market LLC ("Nasdaq") on October 31, 2024, notifying the Company that it is not in compliance with the minimum bid price requirement set forth in the Nasdaq Listing Rules for continued listing on the Nasdaq. Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of US$1.00 per share, and Nasdaq Listing Rule 5810(c)(3)(A) provides that a failure
BEIJING, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Haoxi Health Technology Limited (the "Company" or "HAO"), an online marketing solution provider headquartered in Beijing, China, today reported its financial results for the fiscal year ended June 30, 2024. Financial Highlights for Fiscal 2024 Net revenue for the fiscal year ended June 30, 2024 grew by 72% to $48.52 million, up from $28.23 million in 2023.Gross profit increased by 33% to $2.75 million for the fiscal year ended June 30, 2024 from $2.06 million in the fiscal year ended June 30, 2023.Net income grew by 33.0% to $1.29 million for the fiscal year ended June 30, 2024, up from $0.97 million in the fiscal year ended June 30, 202
BEIJING, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Haoxi Health Technology Limited (the "Company" or "HAO"), an online marketing solution provider headquartered in Beijing, China, today announced preliminary unaudited financial results for the fiscal year ended June 30, 2024 ("FY24"). HAO projects revenue growth during FY24, which it attributes to the Company's strategic development in online advertising solutions, particularly through short video formats and news feed ads. The Company's proprietary data analysis software, Bidding Compass, enables it to optimize ad placements, which it believes has driven growth in both revenue and profit for FY24. Key financial highlights (projected preliminary
BEIJING, Sept. 25, 2024 (GLOBE NEWSWIRE) -- Haoxi Health Technology Limited (the "Company" or "HAO"), an online marketing solution provider headquartered in Beijing, China, today announced a strategic partnership with an AI platform, Gauss Intelligence (Beijing) Technology Co., Ltd., a subsidiary of Global Mofy AI Ltd (NASDAQ:GMM). This collaboration aims to leverage the advanced capabilities of Gausspeed, a cutting-edge generative AI platform, alongside HAO's extensive application scenarios to deliver transformative AI marketing solutions. Through this partnership, Global Mofy will provide the powerful AI capabilities of the Gausspeed platform, while HAO will contribute its rich
BEIJING, Sept. 20, 2024 (GLOBE NEWSWIRE) -- Haoxi Health Technology Limited (the "Company" or "HAO"), an online marketing solution provider headquartered in Beijing, China, today announced that it closed its previously announced underwritten follow-on offering of 4,000,000 units (each a "Unit," and collectively, the "Units") at a public offering price of $3.00 per Unit (the "Offering"). Each Unit consists of (i) one share of Class A Ordinary Share, par value $0.0001 per share (the "Class A Ordinary Share") (or one pre-funded warrant to purchase one Class A Ordinary Share (the "Pre-Funded Warrant")), (ii) one Series A warrant to purchase one Class A Ordinary Share (the "Series A Warrant") i
BEIJING, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Haoxi Health Technology Limited (the "Company" or "HAO"), an online marketing solution provider headquartered in Beijing, China, today announced the pricing of its underwritten follow-on public offering (the "Offering") of 4,000,000 units (each a "Unit," and collectively, the "Units") at an offering price of $3.00 per Unit (the "Public Offering Price") for total gross proceeds of $12,000,000, before deducting underwriting discounts and other offering expenses. Each Unit consists of (i) one share of Class A Ordinary Share, par value $0.0001 per share (the "Class A Ordinary Share") (or one pre-funded warrant to purchase one Class A Ordinary Share (
Haoxi Health Technology Limited (the "Company" or "HAO"), an online marketing solution provider headquartered in Beijing, China, today announced that against the backdrop of increasing global challenges, the Company is mobilizing its resources to actively fulfill its corporate social responsibility and is closely monitoring international humanitarian needs and collaborating with relevant organizations and groups to provide essential support for international medical aid. Amidst evolving global dynamics, numerous regions face pressing humanitarian needs. The Company, renowned for its expertise in digital marketing and commitment to social responsibility, is leveraging its capabilities to a
BEIJING, May 31, 2024 (GLOBE NEWSWIRE) -- Haoxi Health Technology Limited (the "Company" or "HAO"), an online marketing solution provider headquartered in Beijing, China, today reported its unaudited financial results for the six months ended December 31, 2023. Financial Highlights for the Six Months Ended December 31, 2023 Total revenue for the six months ended December 31, 2023 was US$23.50 million, increased by US$14.34 million, or 157%, from US$9.16 million for the same period in 2022.Gross profit for the six months ended December 31, 2023 was US$1.20 million, representing an increase of 65% from US$0.73 million for the same period in 2022.Net income for the six months ended December
BEIJING, May 07, 2024 (GLOBE NEWSWIRE) -- Haoxi Health Technology Limited (the "Company" or "HAO"), an online marketing solution provider headquartered in Beijing, China, today announced that Beijing Haoxi Digital Technology Co., Ltd. ("Haoxi Beijing"), a wholly-owned subsidiary of the Company, entered into a bidding data promotion rebate agreement (the "Rebate Agreement") on April 29, 2024 with Jinan Yanling Biotechnology Co., Ltd. ("Yanling") and its subsidiaries and affiliated companies (together, the "Clients"). Pursuant to the Rebate Agreement, Haoxi Beijing has agreed to provide comprehensive advertising and promotion services to the Clients, which operate in biomedical drug d
BEIJING, May 03, 2024 (GLOBE NEWSWIRE) -- Haoxi Health Technology Limited (the "Company" or "HAO"), an online marketing solution provider headquartered in Beijing, China, today announced that Beijing Haoxi Digital Technology Co., Ltd. ("Haoxi Beijing"), a wholly-owned subsidiary of the Company, entered into a Framework Contract for Cooperation on Information Placement on Media Platforms (the "Framework Contract") on April 28, 2024 with Wuhan Yiya Simei Dental Clinic Co., Ltd. ("Yiya Dental"), a regional dentistry chain in China. This partnership underscores the Company's capabilities in delivering internet marketing solutions. Pursuant to the Framework Contract, Haoxi Beijing has agreed
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F-1/A - Haoxi Health Technology Ltd (0001954594) (Filer)
Haoxi Health Technology Limited (the "Company" or "HAO"), an online marketing solution provider headquartered in Beijing, China, today announced that against the backdrop of increasing global challenges, the Company is mobilizing its resources to actively fulfill its corporate social responsibility and is closely monitoring international humanitarian needs and collaborating with relevant organizations and groups to provide essential support for international medical aid. Amidst evolving global dynamics, numerous regions face pressing humanitarian needs. The Company, renowned for its expertise in digital marketing and commitment to social responsibility, is leveraging its capabilities to a
Key Takeaways Haoxi Health Tech’s shares tanked by 28% after it announced plans to raise additional funds just a half year after its Nasdaq listing The provider of digital advertising services for healthcare companies has expanded quickly since its 2018 launch, with both strong top- and bottom-line growth By Edith Terry Haoxi Health Technology Ltd. (NASDAQ:HAO) rode a post-Covid boom in China’s healthcare sector to become one of six Chinese firms to list in the U.S. in January. It was typical of the roughly 20 Chinese and Hong Kong companies to list in New York so far this year, which have quietly raised a collective $195 million. Unlike blockbuster Chinese IPOs of the past, the lates
Shares of Quantum Corporation (NASDAQ:QMCO) fell sharply during Tuesday's session after the company reported worse-than-expected FY24 financial results and issued FY25 guidance below estimates. Quantum shares dipped 44.5% to $0.43 on Tuesday. Here are some other stocks moving in today’s mid-day session. Gainers Reliance Global Group, Inc. (NASDAQ:RELI) shares jumped 350% to $1.00 after the company issued an update on the pending acquisition of Spetner Associates. NLS Pharmaceutics AG (NASDAQ:NLSP) shares rose 166% to $0.3930 after jumping 30% on Monday. Actelis Networks, Inc. (NASDAQ:ASNS) climbed 80.9% to $2.08 after the company announced a partnership with Carahsoft Tech
Financial Highlights for the Six Months Ended December 31, 2023Total revenue for the six months ended December 31, 2023 was US$23.50 million, increased by US$14.34 million, or 157%, from US$9.16 million for the same period in 2022.Gross profit for the six months ended December 31, 2023 was US$1.20 million, representing an increase of 65% from US$0.73 million for the same period in 2022.Net income for the six months ended December 31, 2023 was US$0.76 million, increasing by US$0.31 million, or 70%, from US$0.45 million for the six months ended December 31, 2022.Mr. Zhen Fan, Chairman and Chief Executive Officer of the Company, stated that, "We are pleased to record an increase in revenue of 1
Gainers Onfolio Holdings (NASDAQ:ONFO) stock increased by 28.1% to $1.25 during Tuesday's regular session. The market value of their outstanding shares is at $6.4 million. United States Cellular Corporation 5.500% Senior Notes due 2070 (NYSE:UZF) stock rose 18.84% to $21.76. United States Cellular Corporation 6.250% Senior Notes due 2069 (NYSE:UZD) stock rose 18.33% to $23.59. United States Cellular Corporation 5.500% Senior Notes due 2070 (NYSE:UZE) stock rose 18.1% to $21.66. Super League Enterprise (NASDAQ:SLE) shares increased by 13.0% to $1.41. The market value of their outstanding shares is at $9.3 million. Haoxi Health Technology (NASDAQ:HAO) stock moved upwards by 11.73% to $7.
Gainers VS Media Holdings (NASDAQ:VSME) shares rose 11.1% to $0.45 during Monday's after-market session. The company's market cap stands at $9.8 million. SPAR Group (NASDAQ:SGRP) stock moved upwards by 5.06% to $2.28. The market value of their outstanding shares is at $55.2 million. As per the press release, Q1 earnings came out 3 days ago. Pop Culture Gr (NASDAQ:CPOP) stock rose 4.81% to $1.74. The market value of their outstanding shares is at $5.8 million. Haoxi Health Technology (NASDAQ:HAO) stock moved upwards by 3.04% to $6.77. The market value of their outstanding shares is at $218.2 million. Chicken Soup for the Soul (NASDAQ:CSSE) shares rose 2.71% to $0.36. The company's market
Haoxi Health Technology Limited (the "Company" or "HAO"), an online marketing solution provider headquartered in Beijing, China, today announced that Beijing Haoxi Digital Technology Co., Ltd. ("Haoxi Beijing"), a wholly-owned subsidiary of the Company, entered into a bidding data promotion rebate agreement (the "Rebate Agreement") on April 29, 2024 with Jinan Yanling Biotechnology Co., Ltd. ("Yanling") and its subsidiaries and affiliated companies (together, the "Clients"). Pursuant to the Rebate Agreement, Haoxi Beijing has agreed to provide comprehensive advertising and promotion services to the Clients, which operate in biomedical drug development, health technologies and other healthcar
Gainers Pop Culture Gr (NASDAQ:CPOP) stock increased by 25.8% to $2.15 during Thursday's regular session. The company's market cap stands at $7.2 million. Trump Media & Technology (NASDAQ:DJT) shares increased by 13.97% to $30.09. The company's market cap stands at $4.1 billion. Onfolio Holdings (NASDAQ:ONFO) stock moved upwards by 13.13% to $0.44. The company's market cap stands at $2.2 million. Haoxi Health Technology (NASDAQ:HAO) shares rose 11.11% to $5.0. The market value of their outstanding shares is at $161.2 million. HWH International (NASDAQ:HWH) shares increased by 10.52% to $1.05. The market value of their outstanding shares is at $17.0 million. Lytus Technologies Hldgs (NA
The most oversold stocks in the communication services sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro. Here’s the latest list of major oversold players in this sector, having an RSI near or below 30. AMC Entertainment Holdings, Inc. (NYSE:AMC) On March 28, AMC Entertainment entered an equity distribution agreement to
Gainers MediaCo Holding (NASDAQ:MDIA) stock rose 38.2% to $0.73 during Monday's regular session. The market value of their outstanding shares is at $19.2 million. SPAR Group (NASDAQ:SGRP) shares increased by 36.13% to $1.32. The market value of their outstanding shares is at $30.6 million. The company's, Q4 earnings came out today. Lytus Technologies Hldgs (NASDAQ:LYT) shares rose 20.81% to $5.59. The company's market cap stands at $8.7 million. MoneyHero (NASDAQ:MNY) shares rose 17.97% to $2.16. The company's market cap stands at $83.1 million. System1 (NYSE:SST) shares rose 16.79% to $2.29. The company's market cap stands at $156.6 million. Losers Chicken Soup for the Soul Entertai