IPO Year: 2024
Exchange: NASDAQ
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/19/2024 | $12.00 | Buy | Maxim Group |
Maxim Group initiated coverage of NIP Group Inc. with a rating of Buy and set a new price target of $12.00
ABU DHABI, United Arab Emirates, July 25, 2025 (GLOBE NEWSWIRE) -- NIP Group Inc. ("NIP Group" or the "Company") (NASDAQ:NIPG), a leading digital entertainment company, today announced that the Company's extraordinary general meeting of shareholders (the "EGM") was held in Hong Kong on July 25, 2025. During the EGM, the following proposed resolutions were duly passed: by a special resolution that, subject to the passing of Resolution 5, the Company's authorized share capital be increased FROM US$50,000 divided into 500,000,000 shares comprising (i) 461,995,682 Class A ordinary shares of a par value of US$0.0001 each (the "Class A Ordinary Shares"), (ii) 24,641,937 Class B1 ordinary shares
Establishes Digital Computing Division to Drive Company's Digital Infrastructure Strategy,Adds Hash Rate of 3.11 EH/s, Expects Significant Bitcoin Mining Revenue, Sets Stage for Future High-Performance Computing (HPC) and AI-driven Entertainment Services Opportunities ABU DHABI, United Arab Emirates, July 01, 2025 (GLOBE NEWSWIRE) -- NIP Group Inc. ("NIPG" or the "Company") (NASDAQ:NIPG), a leading digital entertainment company, today announced it has entered into a definitive asset-purchase agreement (the "Agreement") to acquire on-rack crypto mining machines (the "Products") from Fortune Peak Limited and Apex Cyber Capital Limited (together, the "Sellers"). These Products are currentl
ABU DHABI, United Arab Emirates, June 27, 2025 (GLOBE NEWSWIRE) -- NIP Group Inc. ("NIP Group" or the "Company") (NASDAQ:NIPG), a leading digital entertainment company, today announced that it will hold an extraordinary general meeting of shareholders (the "EGM") at 8:00 p.m., Hong Kong time, on July 25, 2025 at 29/F, Entertainment Building, 30 Queen's Road Central, Central, Hong Kong. The purpose of the EGM is for the Company's shareholders to consider and, if thought fit, pass each of the proposed resolutions set forth in the notice of the EGM (the "EGM Notice"). The EGM Notice, which contains detailed proposals and additional information regarding the EGM, and the form of proxy for the
ABU DHABI, United Arab Emirates, June 26, 2025 (GLOBE NEWSWIRE) -- NIP Group Inc. ("NIP Group" or the "Company") (NASDAQ:NIPG), a leading digital entertainment company, today announced that it has published its inaugural sustainability report following its successful IPO in July 2024. The report, available on the Company's investor relations website at https://ir.nipg.com/, highlights NIP Group's 2024 sustainability initiatives and achievements, reflecting its commitment to corporate governance, sustainable development and social value creation across its diversified digital entertainment ecosystem. NIP Group's 2024 report is the first comprehensive sustainability report of its kind in th
ABU DHABI, United Arab Emirates, June 17, 2025 (GLOBE NEWSWIRE) -- NIP Group Inc. ("NIP Group" or the "Company") (NASDAQ:NIPG), a leading digital entertainment company, today announced a major expansion of its live entertainment business through the formation of NIP Culture & Entertainment (Beijing) Co., Ltd. ("NIP Culture & Entertainment"), a new joint venture formed to expand NIP Group's live entertainment footprint across the Chinese market. This strategic initiative significantly extends the Company's capabilities beyond its core esports business, adding large-scale music festival production to its portfolio. The venture is designed to capture new opportunities in the broader live ente
ABU DHABI, United Arab Emirates, June 03, 2025 (GLOBE NEWSWIRE) -- NIP Group Inc. ("NIP Group" or the "Company") (NASDAQ:NIPG), a leading digital entertainment company, today announced that the Company's Co-CEO, Hicham Chahine, has been invited to speak at the "2025 Virtual Tech Conference: Discover the Innovations Reshaping Tomorrow," presented by Maxim Group LLC, on Tuesday, June 3, 2025, at 10:00 a.m. EDT. Maxim's 2025 Virtual Tech Conference will explore how emerging growth companies are expanding their use of Quantum Computing and Artificial Intelligence (AI) to position themselves for the future. Maxim Senior Analysts will facilitate engaging dialogues with CEOs and key executives f
ABU DHABI, United Arab Emirates, May 12, 2025 (GLOBE NEWSWIRE) -- NIP Group Inc. ("NIPG" or the "Company") (NASDAQ:NIPG), a leading digital entertainment company, today announced that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2024 with the Securities and Exchange Commission (the "SEC") on May 12, 2025. The annual report, which contains the Company's audited consolidated financial statements, can be accessed on the Company's investor relations website at ir.nipgroup.gg and on the SEC's website at www.sec.gov. The Company will also provide a hard copy of the annual report containing its audited consolidated financial statements, free of charge, to it
Event Production Net Revenues Up 92.6% YoY to US$14.6M in the Second Half of 2024Integrated Digital Entertainment Ecosystem Sets the Stage for Revenue Diversification and Growth ABU DHABI, United Arab Emirates, April 30, 2025 (GLOBE NEWSWIRE) -- NIP Group Inc. ("NIPG" or the "Company") (NASDAQ:NIPG), a leading digital entertainment company, today announced its unaudited financial results for the second half and full year of 2024. Second Half of 2024 Financial and Operational Highlights Total net revenues for the second half of 2024 increased by 1.8% year-over-year to US$45.9 million, led by a 92.6% year-over-year increase in net revenues from event production.Gross profit for the second
ABU DHABI, United Arab Emirates, April 25, 2025 (GLOBE NEWSWIRE) -- NIP Group Inc. ("NIPG" or the "Company") (NASDAQ:NIPG), a leading digital entertainment company, today announced that it plans to report its unaudited financial results for the six months and full year ended December 31, 2024, before the U.S. market opens on April 30, 2025. The Company's management team will hold a conference call at 7:00 A.M. U.S. Eastern Time on Wednesday, April 30, 2025 (3:00 P.M. Abu Dhabi Time on the same day) to discuss the financial results. Details for the conference call are as follows: Event Title:NIP Group Inc. Second Half and Full Year 2024 Earnings CallRegistration Link:https://register
STOCKHOLM, March 17, 2025 /PRNewswire/ -- NIP Group (NASDAQ:NIPG) has officially been included in the Esports World Cup Foundation (EWCF) Club Partner Program ahead of the tournament opening ceremony in July. As a returning member, this renewed partnership with the EWCF will provide substantial funding to NIP Group that will bolster its existing efforts in key growth areas. Esports remains a core focus of NIP Group and the investment provided by the program will enable NIP.eStar — the combined banner of the Group's esports properties Ninjas in Pyjamas and eStar Gaming — to engage audiences globally in multiple campaigns over the next six months. Furthermore, NIP will focus on acquiring mult
ABU DHABI, United Arab Emirates, June 26, 2025 (GLOBE NEWSWIRE) -- NIP Group Inc. ("NIP Group" or the "Company") (NASDAQ:NIPG), a leading digital entertainment company, today announced that it has published its inaugural sustainability report following its successful IPO in July 2024. The report, available on the Company's investor relations website at https://ir.nipg.com/, highlights NIP Group's 2024 sustainability initiatives and achievements, reflecting its commitment to corporate governance, sustainable development and social value creation across its diversified digital entertainment ecosystem. NIP Group's 2024 report is the first comprehensive sustainability report of its kind in th
SHENZHEN, China, Oct. 07, 2024 (GLOBE NEWSWIRE) -- NIP Group Inc. (NASDAQ:NIPG) ("NIP Group" or the "Company"), a leading digital entertainment company, today announced the appointment of Randy Hearst Harris as an independent director to its Board of Directors (the "Board"), effective September 24, 2024. Mr. Harris, founder of the sports management company 3V, brings a wealth of experience to NIP Group's Board. A Loyola Marymount University graduate, Mr. Harris is a seasoned investor with a diverse portfolio spanning real estate, technology, and AI ventures. As a member of the Hearst family, his familiarity and understanding of the media and entertainment landscape, particularly in the No
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ABU DHABI, United Arab Emirates, April 25, 2025 (GLOBE NEWSWIRE) -- NIP Group Inc. ("NIPG" or the "Company") (NASDAQ:NIPG), a leading digital entertainment company, today announced that it plans to report its unaudited financial results for the six months and full year ended December 31, 2024, before the U.S. market opens on April 30, 2025. The Company's management team will hold a conference call at 7:00 A.M. U.S. Eastern Time on Wednesday, April 30, 2025 (3:00 P.M. Abu Dhabi Time on the same day) to discuss the financial results. Details for the conference call are as follows: Event Title:NIP Group Inc. Second Half and Full Year 2024 Earnings CallRegistration Link:https://register
WUHAN, China, Nov. 20, 2024 (GLOBE NEWSWIRE) -- NIP Group Inc. (NASDAQ:NIPG) ("NIP Group" or the "Company"), a leading digital entertainment company, today announced that it plans to report its financial results for the six months ended June 30, 2024, before the U.S. market opens on November 25, 2024. The Company's management team will hold a conference call at 7:00 A.M. U.S. Eastern Time on Monday, November 25, 2024 (8:00 P.M. Beijing Time on the same day) to discuss the financial results. Details for the conference call are as follows: Event Title:NIP Group Inc. First Half 2024 Earnings CallRegistration Link:https://register.vevent.com/register/BIc1c000d9919a403286079a303df8963a All p