- SEC Filing
Xiao-I Corporation (NASDAQ:AIXI), a leading AI company, is proud to announce a partnership with a leading telecommunications provider to deploy its advanced AI Chatbot solution in Q2. This strategic collaboration aims to transform the provider's customer service operations by enhancing service efficiency, reducing operational costs, and providing 24/7 personalized support.
6-K - Xiao-I Corp (0001935172) (Filer)
6-K - Xiao-I Corp (0001935172) (Filer)
6-K - Xiao-I Corp (0001935172) (Filer)
SC 13G - Xiao-I Corp (0001935172) (Subject)
SHANGHAI, June 17, 2024 /PRNewswire/ -- Xiao-I Corporation ("Xiao-I" or the "Company") (NASDAQ:AIXI) announced today that it has entered into a securities purchase agreement with an institutional investor (the "Investor") to issue and sell an aggregate principal amount of $3,260,870 senior convertible notes (the "Notes") with an 8% Original Issue Discount to the Investor, convertible into the Company's ordinary shares ("Conversion Shares") in the form of American Depositary Shares ("Conversion ADSs") (the "SPA"). Each ADS represents one third of an ordinary share. The Company is also concurrently offering an additional 1,000,002 ADS (the "Pre-Delivery ADSs"), at par, representing 333,334 of
Net revenues grew 22.8% year over year to a record high of US$59.2 millionMaaS business grew 48.5% year over year to US$19.2 million, and accounted for over 30% of total revenueGross margin rose 270 basis points year over year to 66.6%SHANGHAI, April 30, 2024 /PRNewswire/ -- Xiao-I Corporation ("Xiao-I" or the "Company"), a leading cognitive artificial intelligence ("AI") enterprise, today announced its unaudited financial results for the full year ended December 31, 2023. 2023 Financial Highlights Net revenues increased 22.8% year over year to a record high of US$59.2 million.Sale of cloud platform products increased 82.6% year over year to US$47.0 million.Net revenue of MaaS business incr
SHANGHAI, April 26, 2024 /PRNewswire/ -- Xiao-I Corporation (NASDAQ:AIXI) ("Xiao-I" or "the Company"), a leading artificial intelligence company, announced today that that the Company's full year 2023 financial results will be released before the U.S. market opens on Tuesday April 30, 2024. The Company will host a conference call to discuss its results at 8:00 a.m. U.S. Eastern Time (8:00 p.m. China Time) the same day. The live and archived webcast of the conference call can be accessed at the Xiao-I website Investors Section at Cognitive Intelligence AI Solution Provider | Xiao-i (xiaoi.com) What: Xiao-I Corporation Full Year 2023 (ended December 31, 2023) Earnings Conference CallWhen: 8:0
SHANGHAI, Sept. 10, 2024 /PRNewswire/ -- Xiao-I Corporation (NASDAQ:AIXI) ("Xiao-I" or the "Company"), a leading artificial intelligence company, today announced that on September 9, 2024 it received a written notice from The Nasdaq Listing Qualifications Staff of the Nasdaq Stock Market LLC ("Nasdaq") stating that the Company regained compliance with the minimum bid price requirement, as set forth in Nasdaq Listing Rule 5450(a)(1) for continued listing on the Nasdaq Global Market. As previously disclosed, on July 11, 2024, Xiao-I was notified by Nasdaq that its American Depositary Share ("ADS") had failed to meet the $1.00 minimum closing bid price over a consecutive 30-business-day period
SHANGHAI, Sept. 9, 2024 /PRNewswire/ -- Xiao-I Corporation (NASDAQ:AIXI) ("Xiao-I" or the "Company"), a leading artificial intelligence company, announces that it signed a strategic partnership with the National Association of the Deaf (the "NAD"), a premier American organization dedicated to improving the quality of life for deaf and hard of hearing individuals. This collaboration aims to leverage AI technology to break down communication barriers and enhance accessibility for the deaf community. The NAD, established in 1880, is the nation's foremost civil rights organization for deaf and hard of hearing individuals, advocating for their rights and providing critical resources and support.
SHANGHAI, Sept. 5, 2024 /PRNewswire/ -- Xiao-I Corporation ("Xiao-I" or the "Company") (NASDAQ:AIXI), a leading artificial intelligence company today announced its projection of a 25% increase in revenue for the fiscal year ended December 31, 2024, expecting a revenue of approximately $73 million for the company's fiscal year ended December 31, 2024 comparing to revenue of $59 million which was reported for fiscal year ended December 31, 2023. This projected growth is attributed to the successful refinement and market deployment of its AI technologies. Additionally, the company anticipates a decline in research and development (R&D) expenses as it strategically focuses on achieving profitabi
SHANGHAI, May 1, 2024 /PRNewswire/ -- Xiao-I Corporation (NASDAQ:AIXI) ("Xiao-I" or the "Company"), a leading artificial intelligence company, is proud to announce the forthcoming launch of its innovative product, DIF (Daily Invest Focus), in May 2024. This product is poised to revolutionize the approach to stock market analysis with the tagline "Maximize your market moves." In today's landscape of information abundance, extracting valuable data is essential for formulating strategic investment decisions. DIF is designed to provide investors with effective and insightful information, serving as a critical component in interpreting market sentiment and identifying viable investment opportuni