4 - Moatable, Inc. (0001509223) (Issuer)

PHOENIX, May 2, 2024 /PRNewswire/ -- Moatable, Inc. (OTC:MTBLY) ("Moatable" or the "Company"), which operates two US-based SaaS businesses, Lofty Inc.© and Trucker Path Inc.©, today announced that the Company's Board of Directors (the "Board") has approved the appointment of Mr. Grant Moon as a member of the Board, effective April 30, 2024. A veteran with two decades of experience in the real estate and financial technology industries, Mr. Moon is CEO of BlueForceX, a strategy consulting firm serving banks, venture capital firms, and early-stage technology companies. He is also a venture partner with Denver Angels, an early-stage venture capital firm in Colorado. Previously, he founded and

8-K - Moatable, Inc. (0001509223) (Filer)

25-NSE - Moatable, Inc. (0001509223) (Subject)

8-K - Moatable, Inc. (0001509223) (Filer)

8-K - Moatable, Inc. (0001509223) (Filer)

10-K - Moatable, Inc. (0001509223) (Filer)

8-K - Moatable, Inc. (0001509223) (Filer)

NT 10-K - Moatable, Inc. (0001509223) (Filer)

PHOENIX, May 15, 2024 /PRNewswire/ -- Moatable, Inc. (OTC:MTBLY) ("Moatable" or the "Company"), a leading US-based SaaS company, today announced financial results for its first quarter ended March 31, 2024. First Quarter 2024 Financial Highlights Revenue increased 15% to $14.0 million in Q1 2024.Gross profit increased 14% to $10.7 million in Q1 2024.Loss from operations improved 67% from a loss of $3.4 million in Q1 2023 to a loss of $1.1 million in Q1 2024.Adjusted EBITDA substantially improved from a loss of $2.6 million in Q1 2023 to a positive $250 thousand in Q1 2024.Total cash & cash equivalents of $39.0 million at the end of Q1 2024."We are pleased with our continued steady revenue g

PHOENIX, May 2, 2024 /PRNewswire/ -- Moatable, Inc. (OTC:MTBLY) ("Moatable" or the "Company"), which operates two US-based SaaS businesses, Lofty Inc.© and Trucker Path Inc.©, today announced that the Company's Board of Directors (the "Board") has approved the appointment of Mr. Grant Moon as a member of the Board, effective April 30, 2024. A veteran with two decades of experience in the real estate and financial technology industries, Mr. Moon is CEO of BlueForceX, a strategy consulting firm serving banks, venture capital firms, and early-stage technology companies. He is also a venture partner with Denver Angels, an early-stage venture capital firm in Colorado. Previously, he founded and

PHOENIX, April 15, 2024 /PRNewswire/ -- Moatable, Inc. (OTC Pink: MTBLY) ("Moatable" or the "Company"), which operates two US-based SaaS businesses, Lofty Inc.© and Trucker Path Inc.©, today announced that Mr. James Reed resigned from the Company's Board of Directors, effective on April 12, 2024. Mr. Reed 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 the Board of Directors, I would like to express my gratitude to Mr. Reed for his time and valuable contribution to Moatable over the past year," said Moatable's Chairman and Chief Executive Officer, Mr. Joseph Chen. About Mo

PHOENIX, April 4, 2024 /PRNewswire/ -- Moatable, Inc. (NYSE:MTBL) ("Moatable" or the "Company"), which operates two US-based SaaS businesses, Lofty Inc.© and Trucker Path Inc.©, today announced that it has received a notice letter from the New York Stock Exchange (the "NYSE", or the "Exchange") that the staff of NYSE Regulation has determined to commence proceedings to delist the American depositary shares ("ADSs"), each representing 45 Class A ordinary shares of the Company — ticker symbol MTBL — from the NYSE. Trading in the Company's ADSs will be suspended immediately. The NYSE Regulation reached its decision to delist the Company's ADSs pursuant to Section 802.01B of the NYSE's Listed C

PHOENIX, April 2, 2024 /PRNewswire/ -- Moatable, Inc. (NYSE:MTBL) ("Moatable" or the "Company"), which operates two US-based SaaS businesses, Lofty Inc.© and Trucker Path Inc.©, today announced that it will hold its annual general meeting of shareholders (the "AGM") at 9:00 am local time on June 3, 2024, at the Davinci Meeting Room, Spaces One Renaissance Tower, 2 North Central Ave, Suite 1800, Phoenix, AZ 85004. The board of directors of the Company has fixed the close of business on April 12, 2024, as the record date for determining the members of the Company that are entitled to attend the AGM. Holders of record of ordinary shares of the Company as of the record date are entitled to atten

PHOENIX, Dec. 12, 2023 /PRNewswire/ -- Moatable, Inc. (NYSE:MTBL) ("Moatable" or the "Company"), which operates two US-based SaaS businesses, Chime Technologies Inc.© and Trucker Path Inc.©, today announced that it has received a letter from the New York Stock Exchange (the "NYSE") dated December 7, 2023, notifying Moatable that it is below compliance criteria as the average closing price of the Company's American depositary shares (the "ADSs") was $0.99 during the 30 trading-day period ended December 6, 2023. Under Section 802.01C of the NYSE Listed Company Manual, a company will be considered to be below compliance criteria if the average closing price of a security as reported on the con

PHOENIX, Nov. 17, 2023 /PRNewswire/ -- Moatable, Inc. (NYSE:MTBL) ("Moatable" or the "Company"), which operates two US-based SaaS businesses, Lofty Inc.© and Trucker Path Inc.©, today reported its third quarter 2023 financial results. Third Quarter 2023 Financial Highlights Revenue increased 11% from $12.0 million in Q3 2022 to $13.3 million in Q3 2023; Revenue for the nine months ended September 30, 2023 increased 15%, to $38.3 million, compared to $33.3 million in the same period last year.Gross profit increased 13% from $9.3 million in Q3 2022 to $10.5 million in Q3 2023; Gross profit for the nine months ended September 30, 2023 increased 18% to $30.2 million, compared to $25.7 million i

In honor of National Truck Driver Appreciation Week, Trucker Path and other industry suppliers randomly selected four lucky professional truck drivers in the National Truck Driver Appreciation Sweepstakes PHOENIX, Sept. 13, 2023 /PRNewswire-PRWeb/ -- Trucker Path, a subsidiary of leading global SaaS provider, Moatable, Inc. (NYSE:MTBL) and the most comprehensive and relied upon mobile app for North American truckers, today announced winners of the second annual National Truck Driver Appreciation (NTDA) Sweepstakes. The NTDA Sweepstakes was sponsored by Trucker Path, The Trucker Media Group, Sheetz, Motel 6, and ExxonMobil. Through the National Truck Driver Appreciation Sweepstakes, we celeb

Digital integration with MercuryGate enables greater and more efficient access for brokers to nearly 1 million Trucker Path app users PHOENIX, Aug. 30, 2023 /PRNewswire-PRWeb/ -- Trucker Path, a subsidiary of leading global SaaS provider, Moatable, Inc. (NYSE:MTBL) and the most comprehensive and relied upon mobile app for North American truckers, announced today that a direct connection for digital load posting is now providing brokers using MercuryGate software with increased exposure for their available loads to North America's largest carrier community. Our collaborative integration increases the exposure of available loads to qualified capacity, streamlines freight matching, and drives

PHOENIX, Ariz., Aug. 14, 2023 /PRNewswire/ -- Moatable, Inc. (NYSE:MTBL) ("Moatable" or the "Company"), which operates two US-based SaaS businesses, Chime Technologies Inc.© and Trucker Path Inc.©, today reported its second quarter 2023 financial results. Second Quarter 2023 Financial Highlights Revenue increased 17% over Q2 2022 to $12.9 million in Q2 2023; Revenue for the six months ended June 30, 2023 increased 17%, to $25.0 million, compared to the same period last year.Gross profit increased 21% over Q2 2022 to $10.2 million; Gross profit for the six months ended June 30, 2023 increased 20% to $19.7 million, compared to the same period last year.Loss from operations improved 24% from a

Trading in the Company's ADSs will be suspended immediately.

Gainers XTI Aerospace (NASDAQ:XTIA) shares increased by 20.7% to $4.23 during Wednesday's regular session. The market value of their outstanding shares is at $41.3 million. Next Technology Holding (NASDAQ:NXTT) shares increased by 18.18% to $4.81. The company's market cap stands at $12.6 million. MicroCloud Hologram (NASDAQ:HOLO) shares rose 13.48% to $3.62. The company's market cap stands at $21.5 million. Sequans Communications (NYSE:SQNS) shares moved upwards by 12.42% to $0.43. The market value of their outstanding shares is at $26.6 million. CXApp (NASDAQ:CXAI) shares moved upwards by 12.04% to $5.02. The company's market cap stands at $76.5 million. GSI Technology (NASDAQ:GSIT) s

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Moatable (NYSE:MTBL) reported $13.29 million in sales this quarter. This is a 10.78 percent increase over sales of $12.00 million the same period last year.

- Reuters

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