HANGZHOU, China, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Kaixin Holdings ("Kaixin" or the "Company") (NASDAQ:KXIN) today announced a major strategic step forward as it explores new growth avenues. In the advanced stages of evaluating strategic alternatives, Kaixin is actively considering the acquisition of a controlling equity interest in a leading cryptocurrency mining company based in the Middle East. This mining company operates with cost-efficient BTC mining machines, optimizing self-mining processes while also offering sophisticated, end-to-end cloud hosting services tailored to meet the growing demand within the crypto mining industry. The facility's long-term, stable energy supply is a cr

HANGZHOU, China, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Kaixin Holdings ("Kaixin" or the "Company") (NASDAQ:KXIN) today announced the receipt of a notification letter dated November 12, 2024 from the Hearing Panel of the Nasdaq Stock Market (the "Hearing Panel"), notifying Kaixin that the Company has regained compliance with the minimum bid price requirement in Listing Rule 5550(a)(2) (the "Bid Price Rule"), as required by the Hearing Panel's decision dated September 12, 2024. In application of Listing Rule 5815(d)(4)(B), the Company will be subject to a Mandatory Panel Monitor for a period of one year from the date of the notification letter. If, within that one-year monitoring period, the Na

HANGZHOU, China, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Kaixin Holdings ("Kaixin" or the "Company") (NASDAQ:KXIN) today announced that it will effect a share consolidation of its ordinary shares at a ratio of 1-for-60, effective on October 25, 2024 (the "Share Consolidation"). The Company's ordinary shares are expected to begin trading on a post-consolidation basis at the open of the market session on October 25, 2024. Upon the market opening on October 25, 2024, the Company's ordinary shares will continue to be traded on The Nasdaq Capital Market under the symbol "KXIN" with the new CUSIP number G5223X159. As a result of the Share Consolidation, every sixty shares of the Company's ordinary

HANGZHOU, China, Oct. 03, 2024 (GLOBE NEWSWIRE) -- Kaixin Holdings ("Kaixin" or the "Company") (NASDAQ:KXIN) today announced that all resolutions presented to the shareholders at its extraordinary general meeting held on October 1, 2024 (the "Extraordinary General Meeting") were duly passed. The full text of each resolution was included in the notice of the Extraordinary General Meeting, which was filed with the Securities and Exchange Commission (the "SEC") on Form 6-K on August 13, 2024 and subsequently amended on Form 6-K/A on August 23, 2024 and September 3, 2024. The full text of each resolution is also available on the Company's website ir.kaixin.com. Capitalized terms not otherwise

HANGZHOU, China, Sept. 13, 2024 (GLOBE NEWSWIRE) -- Kaixin Holdings ("Kaixin" or the "Company") (NASDAQ:KXIN), a leading new energy vehicle manufacturer and sales platform in China, today announced that it received a letter dated September 12, 2024 from the Nasdaq Hearings Panel ("Panel"), indicating that the Panel has determined to grant the Company a temporary exception to regain compliance with The Nasdaq Stock Market LLC's Listing Rule 5550(a)(2) (the "Bid Price Rule") by December 13, 2024. The Company is scheduled to hold an extraordinary general meeting on October 1, 2024 to obtain shareholders' approval for a reverse stock split. The Company aims to effectuate a reverse stock split

HANGZHOU, China, Aug. 22, 2024 (GLOBE NEWSWIRE) -- Kaixin Holdings ("Kaixin" or the "Company") (NASDAQ:KXIN), a leading new energy vehicle manufacturer and sales platform in China, today announced that it received a letter from The Nasdaq Stock Market LLC ("Nasdaq") dated August 19, 2024, indicating that the Company was not in compliance with Nasdaq Listing Rule 5810(c)(3)(A)(iii), as the Company's securities had a closing bid price of $0.10 or less for ten consecutive trading days (the "Letter"). The Letter indicated that, as a result, the Nasdaq staff has determined to delist the Company's securities from The Nasdaq Capital Market (the "Delisting Determination"). As previously reported,

HANGZHOU, China, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Kaixin Holdings ("Kaixin" or the "Company") (NASDAQ:KXIN), a leading new energy vehicle manufacturer and sales platform in China, today announced that it will hold its extraordinary general meeting of shareholders (the "EGM") at 198 Qidi Road, Unit B2-303-137, Beigan Community, Xiaoshan District, Hangzhou, Zhejiang Province, China on October 1, 2024 at 10:00 a.m. (Beijing time), for the purposes of considering and, if thought fit, passing and approving the resolutions set forth in the Notice of Extraordinary General Meeting and Proxy of the Company. The board of directors of the Company has fixed the close of business on August 13, 2024

BEIJING, July 31, 2024 (GLOBE NEWSWIRE) -- Kaixin Holdings ("Kaixin" or the "Company") (NASDAQ:KXIN) today announced the receipt of a notification letter (the "Nasdaq Letter") dated July 31, 2024 from the Listing Qualifications department of the Nasdaq Stock Market ("Nasdaq"), notifying Kaixin that, as of July 30, 2024, the Company's listed security has not regained compliance with the requirement of maintaining a minimum bid price of $1 per share pursuant to Nasdaq Rule 5550(a)(2). However, the Nasdaq Staff has determined that the Company is eligible for an additional 180 calendar day period, or until January 27, 2025, to regain compliance pursuant to Nasdaq Rule 5810(c)(3)(A). If at any

HANGZHOU, China, April 09, 2024 (GLOBE NEWSWIRE) -- Kaixin Auto Holdings ("Kaixin" or the "Company") (NASDAQ:KXIN) today announced that it has changed its legal name from Kaixin Auto Holdings to Kaixin Holdings. The Company's ordinary shares will commence trading on the Nasdaq Capital Market under the new name at the market open on April 10, 2024. No action by the Company's shareholders is required with respect to the name change. The CUSIP number for the Company's ordinary shares will remain unchanged. About Kaixin Auto Holdings Kaixin Auto Holdings is a leading new energy vehicle manufacturer in China, equipped with professional teams with rich experience in R&D, production, marketing

HANGZHOU, China, March 12, 2024 (GLOBE NEWSWIRE) -- Kaixin Auto Holdings ("Kaixin" or the "Company") (NASDAQ:KXIN) today announced that all resolutions presented to the shareholders at its annual general meeting held on March 4, 2024 (the "Annual General Meeting") were duly passed. The full text of each resolution was included in the notice of the Annual General Meeting, which was filed with the Securities and Exchange Commission (the "SEC") on Form 6-K on February 2, 2024 and is also available on the Company's website ir.kaixin.com. Capitalized terms not otherwise defined in this announcement shall have the meanings assigned to them in the Company's notice of the Annual General Meeting d

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PHOENIX, Nov. 10, 2022 /PRNewswire/ -- Renren Inc. (NYSE:RENN) ("Renren" or the "Company"), which operates two US-based SaaS businesses, Chime Technologies Inc. © ("Chime") and Trucker Path Inc. © ("Trucker Path"), today announced its unaudited financial results for the six months ended June 30, 2022. First Half of 2022 Highlights Except where specified otherwise, the following commentary compares results for the six months ended June 30, 2022 to results for the corresponding period in 2021. Total net revenues improved 42% to US$21.3 million compared to US$15.0 million for the six months ended June 30, 2021.Paying subscriptions to the Company's SaaS businesses, Chime and Trucker Path, as of

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Gainers Aarons (NYSE:AAN) stock increased by 32.5% to $9.99 during Monday's regular session. The company's market cap stands at $306.1 million. Envirotech Vehicles (NASDAQ:EVTV) shares rose 28.78% to $1.7. The market value of their outstanding shares is at $27.5 million. Xponential Fitness (NYSE:XPOF) shares increased by 26.53% to $14.26. The company's market cap stands at $450.3 million. Polestar Automotive (NASDAQ:PSNY) stock moved upwards by 20.27% to $0.82. The market value of their outstanding shares is at $1.7 billion. EpicQuest Education Group (NASDAQ:EEIQ) stock rose 19.04% to $1.0. The company's market cap stands at $12.3 million. Fitell (NASDAQ:FTEL) shares increased by 16.26

Gainers Chijet Motor Co (NASDAQ:CJET) stock increased by 20.7% to $0.35 during Thursday's after-market session. The market value of their outstanding shares is at $56.2 million. Allbirds (NASDAQ:BIRD) shares increased by 8.61% to $0.59. The company's market cap stands at $91.9 million. Cheetah Net Supply Chain (NASDAQ:CTNT) shares increased by 5.64% to $0.56. The company's market cap stands at $18.1 million. Greenlane Hldgs (NASDAQ:GNLN) stock increased by 4.15% to $0.52. The market value of their outstanding shares is at $1.9 million. GoPro (NASDAQ:GPRO) stock rose 4.02% to $1.54. The company's market cap stands at $234.4 million. PLBY Group (NASDAQ:PLBY) stock increased by 2.91% to $

Gainers Jiade (NASDAQ:JDZG) shares increased by 32.2% to $1.19 during Wednesday's regular session. The market value of their outstanding shares is at $29.0 million. Lixiang Education Hldg (NASDAQ:LXEH) stock increased by 23.74% to $0.47. The company's market cap stands at $5.4 million. MGO Global (NASDAQ:MGOL) shares increased by 18.99% to $0.5. The market value of their outstanding shares is at $9.1 million. Kaival Brands Innovations (NASDAQ:KAVL) shares moved upwards by 18.24% to $1.75. The market value of their outstanding shares is at $5.0 million. Lanvin Group Hldgs (NYSE:LANV) shares rose 16.04% to $1.88. The market value of their outstanding shares is at $220.5 million. Golden H

Gainers Golden Heaven Group Hldgs (NASDAQ:GDHG) shares moved upwards by 74.8% to $0.31 during Wednesday's pre-market session. The market value of their outstanding shares is at $16.1 million. Neo-Concept International (NASDAQ:NCI) shares moved upwards by 15.07% to $0.73. The company's market cap stands at $14.7 million. Singing Machine Co (NASDAQ:MICS) shares moved upwards by 11.7% to $2.1. The market value of their outstanding shares is at $13.4 million. Wah Fu Education Group (NASDAQ:WAFU) shares moved upwards by 9.99% to $2.09. The company's market cap stands at $9.2 million. Digital Brands Group (NASDAQ:DBGI) shares rose 9.82% to $1.9. The company's market cap stands at $3.7 million

Shares of Contango Ore, Inc. (NYSE:CTGO) fell sharply during Tuesday's session after the company announced pricing of $15 million underwritten public offering. Contango Ore shares dipped 18.4% to $20.34 on Tuesday. Here are some other stocks moving in today’s mid-day session. Gainers Trio Petroleum Corp. (NYSE:TPET) shares jumped 88.2% to $0.4254 after the company completed its first two exploratory wells. Airship AI Holdings, Inc.  (NASDAQ:AISP) shares climbed 32.5% to $4.1599. Airship AI announced a six-figure sole-source contract award within the Department of Justice for Acropolis Enterprise Video and Data Management Platform. Blue World Acquisition Corporation (NASDAQ

Gainers Kaixin Hldgs (NASDAQ:KXIN) stock moved upwards by 27.5% to $0.18 during Tuesday's regular session. The market value of their outstanding shares is at $10.5 million. E-Home Household Service (NASDAQ:EJH) stock rose 26.01% to $0.56. The company's market cap stands at $9.9 million. Sonder Holdings (NASDAQ:SOND) shares moved upwards by 24.36% to $3.9. The company's market cap stands at $43.2 million. Selina Hospitality (NASDAQ:SLNA) shares moved upwards by 17.62% to $0.08. The company's market cap stands at $40.9 million. Lixiang Education Hldg (NASDAQ:LXEH) stock rose 15.5% to $0.36. The market value of their outstanding shares is at $4.2 million. Allied Gaming (NASDAQ:AGAE) stock

Shares of Calavo Growers, Inc. (NASDAQ:CVGW) rose sharply in today's pre-market trading after the company reported second-quarter financial results. Total net sales surged 16.5% year-over-year to $184.4 million during the quarter. Adjusted net income surged to $8.9 million, or 50 cents per diluted share, from $5.1 million, or 29 cents per diluted share for the year-ago quarter. Calavo Growers shares jumped 11.6% to $27.90 in the pre-market trading session. Here are some other stocks moving in pre-market trading. Gainers ShiftPixy, Inc. (NASDAQ:PIXY) rose 41.1% to $2.06 in today's pre-market trading. Nauticus Robotics, Inc. (NASDAQ:KITT) shares rose 27.2% to $0.2938 in pre-

Gainers QuantaSing Group (NASDAQ:QSG) shares increased by 22.1% to $1.99 during Tuesday's pre-market session. The company's market cap stands at $112.4 million. As per the news, the Q3 earnings report came out 3 days ago. Kaixin Hldgs (NASDAQ:KXIN) stock rose 18.73% to $0.16. The market value of their outstanding shares is at $9.8 million. Phoenix Motor (NASDAQ:PEV) shares moved upwards by 16.28% to $0.83. The market value of their outstanding shares is at $29.0 million. Fossil Group (NASDAQ:FOSL) shares rose 7.14% to $1.5. The market value of their outstanding shares is at $79.3 million. Meta Data (NYSE:AIU) shares increased by 6.41% to $0.41. The market value of their outstanding shar

Gainers Genius Gr (AMEX:GNS) stock increased by 19.9% to $0.33 during Thursday's after-market session. The company's market cap stands at $65.1 million. Sypris Solutions (NASDAQ:SYPR) stock rose 7.87% to $1.78. The market value of their outstanding shares is at $40.5 million. Nerdy (NYSE:NRDY) shares moved upwards by 5.19% to $1.62. The company's market cap stands at $176.5 million. Kaixin Hldgs (NASDAQ:KXIN) stock rose 3.86% to $0.16. The company's market cap stands at $9.2 million. Purple Innovation (NASDAQ:PRPL) stock moved upwards by 3.41% to $1.21. The company's market cap stands at $130.0 million. Revolve Gr (NYSE:RVLV) stock increased by 3.12% to $18.5. The market value of their

Gainers Chewy (NYSE:CHWY) stock increased by 29.1% to $21.83 during Wednesday's regular session. The company's market cap stands at $9.5 billion. As per the news, the Q1 earnings report came out today. Serve Robotics (NASDAQ:SERV) shares increased by 28.07% to $3.33. The market value of their outstanding shares is at $123.4 million. Abercrombie & Fitch (NYSE:ANF) stock rose 20.98% to $184.36. The market value of their outstanding shares is at $9.4 billion. As per the press release, Q1 earnings came out today. Vince Holding (NYSE:VNCE) stock rose 18.88% to $2.14. The company's market cap stands at $26.7 million. Dick's Sporting Goods (NYSE:DKS) shares rose 15.81% to $225.84. The market v

HANGZHOU, China, Jan. 31, 2024 (GLOBE NEWSWIRE) -- Kaixin Auto Holdings ("Kaixin" or the "Company") (NASDAQ:KXIN), a leading new energy vehicle manufacturer and sales platform in China, today announced that Mr. Xiaoning Wu has been appointed by Kaixin's board of directors (the "Board") as a director of the Board and as the chairman of the audit committee of the Board of the Company, with effect from January 30, 2024. The Board has determined that Mr. Xiaoning Wu qualifies as a "financial expert" with adequate financial sophistication under Nasdaq Stock Market Rule 5605(a)(2) and Rule 10A-3 under the Securities Exchange Act of 1934. Mr. Xiaoning Wu has been serving as the chairman of Shang

BEIJING, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Kaixin Auto Holdings ("Kaixin" or the "Company") (NASDAQ:KXIN), a leading new energy vehicle manufacturer and one of the premium imported cars and used cars platform in China, today announced that Mr. Lin Cong resigned from the Company's Board of Directors, effective on October 30, 2023. Mr. Cong resigned for personal reasons and not due to any disagreement with the Company on any matter relating to the Company's operations, policies, or practices. "On behalf of my fellow directors, I would like to thank Lin for the significant contributions that he made during his service on Kaixin's Board. We wish him the best in his future endeavors," said Mr.

BEIJING, Aug. 02, 2023 (GLOBE NEWSWIRE) -- Kaixin Auto Holdings ("Kaixin" or the "Company") (NASDAQ:KXIN) today announced the appointment of Mr. Lei Gu as Senior VP of the Company in charge of the new energy vehicles department. Before joining Kaixin, Mr. Lei Gu served as the vice president and chief engineer of BAIC Motors, a Fortune 500 company, and the president of Beijing Automotive Research Institute. He also served in multiple senior positions with other companies, including senior technology expert with Ford Motors, president of Cherry Automobile Research Institute, director and general manager of BAIC Mercedes Benz Technology Center, and president of Lingtu Motors. Mr. Lei Gu rece

BEIJING, April 28, 2023 (GLOBE NEWSWIRE) -- Kaixin Auto Holdings ("Kaixin" or the "Company") (NASDAQ:KXIN) today announced the appointment of Onestop Assurance PAC ("Onestop") as its independent registered public accounting firm, effective April 25, 2023. The appointment of Onestop was made after a careful and thorough evaluation process and has been approved by Kaixin's board and audit committee. Onestop will replace Marcum Asia CPAs LLP ("Marcum Asia") as Kaixin's independent registered public accounting firm. Kaixin's decision to change its auditor was not the result of any disagreement between Kaixin and Marcum Asia on any matter of accounting principles or practices, financial state

BEIJING, May 27, 2022 (GLOBE NEWSWIRE) -- Kaixin Auto Holdings ("Kaixin" or the "Company") (NASDAQ:KXIN) announces today that it has hired Mr. Lei Gu as the strategic advisor to lead development of its new energy vehicle business. Before joining Kaixin, Mr. Gu was senior technical expert with Ford Motor and had served as CTO and vice president of BAIC Motor, a Fortune 500 company, president of BAIC Motor Engineering Research Institute, board director and CEO of BAIC and Mercedes Benz Technology Center, president of Chery Automobile Engineering Research Institute, and president of Linktour Motor. He earned a Ph.D from Northwestern University and a Ph.D from University of Science and Technol

BEIJING, Dec. 31, 2021 (GLOBE NEWSWIRE) -- Kaixin Auto Holdings ("Kaixin" or the "Company") (NASDAQ:KXIN) announces today the appointment of Mr. Wu Liang as general manager of the Company's new energy vehicles division. Before joining Kaixin, Mr. Liang served as partner with investment companies such as WeRoadshow Investment and GuoRong Capital. With over ten years of investment experience in the TMT industry, he has shifted his investment focus to the automotive and new energy vehicles industry in recent years. Prior to the investment profession, Mr. Liang worked in the internet industry for nearly ten years. He served as executive officer with several internet companies. During his tenur

PHOENIX, Sept. 13, 2021 /PRNewswire/ -- Renren Inc. (NYSE:RENN) ("Renren" or the "Company"), which operates several U.S.-based SaaS businesses, today announced that Chris Palmer has been appointed as the Company's Chief Financial Officer, effective September 6, 2021. Palmer succeeded Lucy Yang, who will continue to serve as Chief Financial Officer of Kaixin Auto Holdings (NASDAQ:KXIN). "On behalf of Renren's Board of Directors and management team, I would like to thank Lucy for her numerous contributions and tireless work at Renren. I would also like to take this opportunity to warmly welcome Chris Palmer to the Company as we continue our quest to build and grow our portfolio of vertical Sa

BEIJING, Dec. 11, 2020 /PRNewswire/ -- Renren Inc. (NYSE: RENN) ("Renren" or the "Company"), which operates a premium used auto business in China through its subsidiary Kaixin Auto Holdings (NASDAQ: KXIN) as well as several U.S.-based SaaS businesses, today announced the appointment of Marcum Bernstein & Pinchuk LLP ("MarcumBP") as its independent registered public accounting firm, effective December 9, 2020. The appointment of MarcumBP was made after a careful and thorough evaluation process and has been approved by Renren's board and audit committee. MarcumBP will replace KPMG Huazhen LLP ("KPMG") as Renren's independent registered public accounting firm. Renren's decision to change i

BEIJING, Dec. 11, 2020 (GLOBE NEWSWIRE) -- Kaixin Auto Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN) today announced the appointment of Marcum Bernstein & Pinchuk LLP ("MarcumBP") as its independent registered public accounting firm, effective December 9, 2020. The appointment of MarcumBP was made after a careful and thorough evaluation process and has been approved by Kaixin's board and audit committee. MarcumBP will replace KPMG Huazhen LLP ("KPMG") as Kaixin's independent registered public accounting firm. Kaixin's decision to change its auditor was not the result of any disagreement between Kaixin and KPMG on any matter of accounting principles or practices, financial statement