DDC Enterprise, Ltd., (NYSEAM:DDC) ("DayDayCook," "DDC," or the "Company"), a leading multi-brand Asian consumer food company, today announced that it received a notice (the "Notice") from the NYSE American LLC (the "NYSE American") dated July 9, 2024, notifying the Company that it has accepted the Company's plan to regain compliance with NYSE American's continued listing standards.
6-K - DDC Enterprise Ltd (0001808110) (Filer)
6-K - DDC Enterprise Ltd (0001808110) (Filer)
6-K - DDC Enterprise Ltd (0001808110) (Filer)
NEW YORK, June 12, 2024 (GLOBE NEWSWIRE) -- DDC Enterprise, Ltd., (NYSEAM:DDC) ("DayDayCook," "DDC," or the "Company"), a leading multi-brand Asian consumer food company, today announces it has acquired Omsom, the proud and loud Asian food brand that has quickly garnered a devoted following for its Cooking Sauces, Saucy Noodles, and bold cultural commentary. The acquisition, which consists of a combination of DDC's cash and stock paid out over four years, is expected to accelerate new product innovation for Omsom, with R&D anticipated to take half the time from idea to aisle. Operational synergies between the two companies will also streamline processes and improve financial metrics. Fur
NEW YORK, July 09, 2024 (GLOBE NEWSWIRE) -- DDC Enterprise, Ltd., (NYSEAM:DDC) ("DayDayCook," "DDC," or the "Company"), a leading content-driven food consumer brand, today announced the appointment of Ms. Betty Liu as a member of the Advisory Board of the company. Ms. Liu will leverage her extensive network and experience in content, direct-to-consumer brands, business leadership and the US capital markets to help guide DayDayCook's strategic initiatives and growth. "Betty Liu's extensive experience in the US capital markets and her impressive network from her tenure at the NYSE will be invaluable as we continue to grow as a public company," said Norma Chu, DayDayCook's founder and
NEW YORK, June 25, 2024 (GLOBE NEWSWIRE) -- DDC Enterprise, Ltd., (NYSEAM:DDC) ("DayDayCook," "DDC," or the "Company"), a leading content-driven food consumer brand, today announced that Jeffrey Ervin, has been named Co-Chief Financial Officer, effective immediately. Mr. Ervin will initially be focused on leveraging his background in U.S. capital markets to oversee the financial controls, reporting requirements, and aid in investor engagement for DayDayCook. "Jeff's background as a public company CEO, along with his extensive experience in corporate finance, will be instrumental in establishing DayDayCook in the U.S. financial markets" said Norma Chu, DayDayCook's founder and CEO. "With o
NEW YORK, June 18, 2024 (GLOBE NEWSWIRE) -- DDC Enterprise, Ltd., (NYSEAM:DDC) ("DayDayCook," "DDC," or the "Company"), a leading content-driven food consumer brand, today announced that Malik Sadiq has been named Chief Operating Officer, effective immediately. Mr. Sadiq will spearhead the integration and growth of DayDayCook's brands globally, including the recent additions of Noma Lin, Yai's Thai and Omsom. "Malik joins the DayDayCook leadership team at an important and exciting time as we recently completed our third Asian foods acquisition in the U.S.," said Norma Chu, DayDayCook's Founder and CEO. "Malik brings unique experience of driving growth and operational efficiency -- both or
and $1.7m private placement to bolster balance sheet DDC Enterprise, Ltd., (NYSEAM:DDC) ("DayDayCook," "DDC," or the "Company"), a leading multi-brand Asian consumer food company, is pleased to announce that the Company has recapitalized its debt obligations and achieved additional funding through the sale of equity in a private placement. DDC recently completed a transaction with ten creditors to retire $4,800,000 USD of outstanding principal and interest which was converted into Class A Ordinary shares. Additionally, four investors participated in a private placement to purchase approximately $1,700,000 USD of Class A Ordinary shares. The transactions resulted in the issuance of appro
NEW YORK, July 11, 2024 (GLOBE NEWSWIRE) -- DDC Enterprise, Ltd., (NYSEAM:DDC) ("DayDayCook," "DDC," or the "Company"), a leading multi-brand Asian consumer food company, today announced that it received a notice (the "Notice") from the NYSE American LLC (the "NYSE American") dated July 9, 2024, notifying the Company that it has accepted the Company's plan to regain compliance with NYSE American's continued listing standards. The NYSE American has reviewed DDC's compliance plan and information submitted on May 23, 2024, and has allowed the Company to work towards regaining compliance by October 23, 2025. During this time, the Company will be subject to quarterly monitoring for compliance
NEW YORK, July 09, 2024 (GLOBE NEWSWIRE) -- DDC Enterprise, Ltd., (NYSEAM:DDC) ("DayDayCook," "DDC," or the "Company"), a leading content-driven food consumer brand, today announced the appointment of Ms. Betty Liu as a member of the Advisory Board of the company. Ms. Liu will leverage her extensive network and experience in content, direct-to-consumer brands, business leadership and the US capital markets to help guide DayDayCook's strategic initiatives and growth. "Betty Liu's extensive experience in the US capital markets and her impressive network from her tenure at the NYSE will be invaluable as we continue to grow as a public company," said Norma Chu, DayDayCook's founder and