Moxian Regains Compliance with NASDAQ Minimum Bid Price Requirement
$MOXC
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Moxian Regains Compliance with NASDAQ Minimum Bid Price Requirement
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3 - Moxian, Inc. (0001516805) (Issuer)
4 - Moxian, Inc. (0001516805) (Issuer)
6-K - Abits Group Inc (0001864055) (Filer)
6-K - Abits Group Inc (0001864055) (Filer)
6-K - Abits Group Inc (0001864055) (Filer)
SC 13D - Moxian (BVI) Inc (0001864055) (Subject)
Hong Kong, May 17, 2023 (GLOBE NEWSWIRE) -- Moxian (BVI) Inc ("Moxian" or the "Company") (NASDAQ:MOXC), a company engaged in bitcoin mining and related services, today released its earnings report for fiscal year 2022. Net loss amounted to $21.5 million, following a one-time charge of $11.9 million for the write-off of certain mining assets. Commenting on its results, Chief Executive Officer and Director, Mr. Forrest Deng, remarked "The Company, like the rest of the industry, experienced a very difficult year in 2022 with electricity prices surging with the outbreak of the Ukraine war. Bitcoin prices tumbled throughout the year, from the $40,000 level to hover just about $15,000 by the las
Hong Kong, Aug. 28, 2023 (GLOBE NEWSWIRE) -- Moxian (BVI) Inc ("Moxian" or the "Company") (NASDAQ:MOXC), a company engaged in bitcoin mining and related services in the United States, today announced the results of its 2023 Annual Meeting of Shareholders that was held on August 25, 2023 in Hong Kong. At the meeting, the shareholders: Re-elected Conglin (Forrest) Deng, Lionel Choong Khuat Leok, Tao Xu, Chuan Zhan, and Panpan Wang to its Board of Directors, andRatified the appointment of Audit Alliance LLP as the Company's independent registered public accountant for the fiscal year ending December 31, 2023. About Moxian (BVI) Inc Moxian (BVI) Inc, a company organized in the British Virg
Beijing, July 08, 2022 (GLOBE NEWSWIRE) -- Moxian (BVI) Inc ("Moxian" or the "Company") (NASDAQ:MOXC), a company in bitcoin mining and related services in the United States and a provider of Internet media marketing services in China, today announced that the Company has appointed Audit Alliance LLP ("Audit Alliance") as its independent registered public accounting firm for the fiscal year ending December 31, 2022 and accepted the resignation of its previous independent auditor, Centurion ZD & Co., effective on June 30, 2022. Audit Alliance is headquartered in the Republic of Singapore and will be subject to the inspections by the Public Company Accounting Oversight Board of the United St
HONG KONG, Sept. 20, 2021 (GLOBE NEWSWIRE) -- Moxian (BVI) Inc. ("Moxian" or the "Company") (NASDAQ:MOXC), an Internet media marketing services provider, is pleased to announce today that it has appointed Mr. Conglin (Forrest) Deng as its Chief Executive Officer of the Company, with immediate effect. Mr. Forrest Deng, who is also a director of the Company, will be responsible for identifying and managing new business opportunities for the Company as it seeks to forge a path of sustained profitability. Aged 38, Mr. Deng has served as the General Manager of Beijing Jiuteng Investment Limited since 2016, where he was responsible for managing its blockchain and bitcoin mining related investme
Hong Kong, Nov. 16, 2023 (GLOBE NEWSWIRE) -- Moxian (BVI) Inc (the "Company") (NASDAQ:MOXC), a company engaged in bitcoin mining and related services in the United States, today announced that it has changed its corporate name from Moxian (BVI) Inc to Abits Group Inc. In addition, the Company's ticker symbol on the Nasdaq Capital Market will be changed to "ABTS" from "MOXC" effective before the opening of trading on November 17, 2023. "The date marks an important milestone in the Company's history," said Mr. Conglin (Forrest) Deng, Executive Director and Chief Executive Officer of Abits Group Inc. "The new name better reflects the transformation in the Company's core business and the begi
Beijing, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Moxian (BVI) Inc (NASDAQ:MOXC) Following a very difficult year in 2022, when bitcoin prices to a low of about $15,000, 2023 began with a more cheerful note. Bitcoin prices on average for the six months to June 2023 hover around the $26,000 mark. For the Company, the immediate priority was the location of a new permanent site for its bitcoin operations. The earlier site, Columbus in Georgia proved to be untenable following volatile electricity prices as a result of the outbreak of the Ukraine War. Following intensive site searches, the Company decided to buy an outright piece of barren land for $1.2 million in April. Measuring about 1.8 acres and
Beijing, Oct. 18, 2023 (GLOBE NEWSWIRE) -- Moxian (BVI) Inc ("Moxian" or the "Company") (NASDAQ:MOXC), a company engaged in bitcoin mining and related services in the United States, announced today on October 12, 2023, it received a letter from The Nasdaq Stock Market LLC ("Nasdaq"), notifying the Company that it is currently not in compliance with the minimum bid price requirement set forth under Nasdaq Listing Rule 5550(a)(2). It resulted from the fact that the closing bid price of the Company's ordinary shares was below $1.00 per share for a period of 30 consecutive business days. This press release is issued pursuant to Nasdaq Listing Rule 5810(b), which requires prompt disclosure of r