IPO Year: 2021
Exchange: NASDAQ
| Date | Price Target | Rating | Analyst |
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SHANGHAI, Dec. 03, 2024 (GLOBE NEWSWIRE) -- MultiMetaVerse Holdings Limited (NASDAQ:MMV) ("MMV" or the "Company"), a leading animation and entertainment company for young consumers in China, announced that it has reached an agreement with Zhao Mingwei ("Big Bear") and Li Yuanfeng to jointly establish a joint - venture in Hong Kong, leveraging their respective resources to Bitcoin and Bitcoin mining machines. According to the agreement, MMV will hold 80% of the shares of the to-be-formed joint - venture company, Zhao Mingwei will hold 10% of the shares, and Li Yuanfeng will hold the remaining 10%. The board of directors will be composed of executives appointed by the three parties. The new
6-K - MultiMetaVerse Holdings Ltd (0001874074) (Filer)
6-K - MultiMetaVerse Holdings Ltd (0001874074) (Filer)
6-K - MultiMetaVerse Holdings Ltd (0001874074) (Filer)
6-K - MultiMetaVerse Holdings Ltd (0001874074) (Filer)
6-K - MultiMetaVerse Holdings Ltd (0001874074) (Filer)
6-K - MultiMetaVerse Holdings Ltd (0001874074) (Filer)
6-K - MultiMetaVerse Holdings Ltd (0001874074) (Filer)
6-K - MultiMetaVerse Holdings Ltd (0001874074) (Filer)
6-K - MultiMetaVerse Holdings Ltd (0001874074) (Filer)
6-K - MultiMetaVerse Holdings Ltd (0001874074) (Filer)
SC 13G - MultiMetaVerse Holdings Ltd (0001874074) (Subject)
SHANGHAI, Dec. 03, 2024 (GLOBE NEWSWIRE) -- MultiMetaVerse Holdings Limited (NASDAQ:MMV) ("MMV" or the "Company"), a leading animation and entertainment company for young consumers in China, announced that it has reached an agreement with Zhao Mingwei ("Big Bear") and Li Yuanfeng to jointly establish a joint - venture in Hong Kong, leveraging their respective resources to Bitcoin and Bitcoin mining machines. According to the agreement, MMV will hold 80% of the shares of the to-be-formed joint - venture company, Zhao Mingwei will hold 10% of the shares, and Li Yuanfeng will hold the remaining 10%. The board of directors will be composed of executives appointed by the three parties. The new
SHANGHAI, Dec. 02, 2024 (GLOBE NEWSWIRE) -- MultiMetaVerse Holdings Limited (NASDAQ:MMV) ("MMV" or the "Company"), a leading animation and entertainment company for young consumers in China, today announced that it has signed a definitive share exchange agreement (the "Share Exchange Agreement") with the shareholders (the "Transferors") of Bowong AI Limited ("Bowong Cayman"), which, after a series of restructuring transactions, is expected to indirectly hold 100% equity interests in Bowong Technology (Shenzhen) Co., Ltd. ("Bowong Technology"). Bowong Technology is a company equipped with cutting-edge technologies that is vertically integrated in the AI e-commerce sector. It focuses on deli
SHANGHAI, Nov. 11, 2024 (GLOBE NEWSWIRE) -- MultiMetaVerse Holdings Limited (NASDAQ:MMV) ("MMV" or the "Company"), a leading animation and entertainment company for young consumers in China, today announced an update on its previously announced joint venture with ZHENGHE HOLDING CO., LIMITED ("Zhenghe"), GOLD ABC DIGITAL TECHNOLOGY CO., LIMITED ("GOLD ABC"). GOLD ABC is a Hong Kong-based entity focused on algorithms to achieve self-holding asset appreciation. This collaboration with Zhenghe aims to leverage the expertise of both parties in financial technology, blockchain, and traditional finance. MMV owns 20% of GOLD ABC and ZHENGHE is responsible for GOLD ABC's daily management and oper
SHANGHAI, Oct. 18, 2024 (GLOBE NEWSWIRE) -- MultiMetaVerse Holdings Limited (the "Company") received a letter from The Nasdaq Stock Market LLC ("Nasdaq") stating that the Company was not in compliance with the minimum bid price of $1.00 per share requirement under Nasdaq Listing Rule 5550(a)(2) (the "Bid Price Rule") and the minimum market value of listed securities of $35 million requirement under Nasdaq Listing Rule 5550(b)(2) (the "MVLS Rule"), and had failed to regain compliance with the Bid Price Rule and the MVLS Rule during the extension period which ended on October 14, 2024. The Company has until October 22, 2024 to request a hearing before the Nasdaq Hearings Panel (the "Panel"),
SHANGHAI, Oct. 02, 2024 (GLOBE NEWSWIRE) -- MultiMetaVerse Holdings Limited (NASDAQ:MMV) ("MMV" or the "Company"), a leading animation and entertainment company for young consumers in China, today announced that it has entered into a non-binding term sheet (the "Term Sheet") with Bowong Technology (Shenzhen) Co., Ltd. (the "Bowong Technology") to acquire all of the shares of Bowong Technology. Pursuant to the Term Sheet, subject to the satisfaction of certain conditions (including obtaining financing for the restructuring described below), MMV would acquire all of the outstanding shares of a holding company to be incorporated under the laws of the Cayman Islands ("Bowong Cayman"), which t
SHANGHAI, Aug. 28, 2024 /PRNewswire/ -- MultiMetaVerse Holdings Limited (NASDAQ:MMV) ("MMV" or the "Company"), a leading animation and entertainment company for young consumers in China, today announced the establishment of a new joint venture, GOLD ABC DIGITAL TECHNOLOGY CO., LIMITED ("GOLD ABC"), and its initial strategic investments. MMV previously partnered with ZHENGHE HOLDING CO., LIMITED ("Zhenghe"), a blockchain technology service provider, to form GOLD ABC, a Hong Kong-based entity focused on algorithms to achieve self-holding asset appreciation. This collaboration aims to leverage the expertise of both parties in financial technology, blockchain, and traditional finance, and pote
SHANGHAI, July 8, 2024 /PRNewswire/ -- MultiMetaVerse Holdings Limited ("MMV" or the "Company"), a leading animation and entertainment company for young consumers in China, announced today that it has entered into an agreement (the "Agreement") with Zhenghe Holding Co., Limited ("Zhenghe") to establish a joint venture ("Joint Venture") to invest in and trade alternative assets with the assistance of quantitative investment algorithms to be jointly developed by the parties. Pursuant to the Agreement, Zhenghe will own 80% of the new Joint Venture and responsible for its daily management and operation. MMV will hold a 20% stake and have the right to appoint one director to the Joint Venture's b
SHANGHAI, May 20, 2024 /PRNewswire/ -- MultiMetaVerse Holdings Limited ("MMV" or the "Company"), a leading animation and entertainment company for young consumers in China, announced today that it has entered into a non-binding term sheet (the "Term Sheet") for the acquisition (the "Proposed Transaction") of 100% of Bowong Technology (Shenzhen) Co., Ltd. and its subsidiaries (collectively "Bowong AI") by the issuance of the Company's Class A ordinary shares to the shareholders of Bowong AI as consideration (the "Consideration Shares"), the amount of which will be determined based on further due diligence and negotiation. The Consideration Shares shall be subject to a lock-up period of one y
SHANGHAI, April 23, 2024 /PRNewswire/ -- MultiMetaVerse Holdings Limited (the "Company"), an animation and entertainment company for young consumers in China, announced today that it has received written notifications (the "Notification Letters") from the Nasdaq Stock Market LLC ("Nasdaq") dated April 17, 2024, notifying the Company that Nasdaq Listing Rule 5550(a)(2) requires companies to maintain a minimum bid price of $1.00 per share and Nasdaq Listing Rule 5550(b)(2) requires companies to maintain a minimum market value of listed securities of $35 million. Nasdaq Listing Rule 5810(c)(3)(A) provides that a failure to meet the Minimum Bid Price Requirement exists if the deficiency continu
SHANGHAI , Dec. 26, 2023 /PRNewswire/ -- MultiMetaVerse Holdings Limited ("MMV" or the "Company"), an animation and entertainment company for young consumers in China, announced today that its Board of Directors has unanimously approved the release of all the Restricted Closing Payment Shares (as defined hereinafter), with an aggregate 5,000,000 Class A ordinary shares of the Company, in connection with the business combination completed on January 4, 2023 (the "Business Combination"). Pursuant to the share restriction agreements between the Company and each of Avatar Group Holdings Limited ("Avatar"), Lucky Cookie Holdings Limited ("Lucky Cookie") and F.L.M Holdings Limited ("F.L.M") (each