SHANGHAI, Nov. 15, 2024 /PRNewswire/ -- XChange TEC.INC (NASDAQ:XHG) (the "Company"), today announced that it has received a notice (the "Notice") from The Nasdaq Stock Market LLC ("Nasdaq") dated November 13, 2024 stating that the Company is not in compliance with the requirement to maintain a minimum Market Value of Listed Securities ("MVLS") of $35 million as set forth under Nasdaq Listing Rule for continued listing on The Nasdaq Capital Market. Nasdaq Listing Rule 5550(b)(2) requires companies to maintain a minimum MVLS of $35 million (the "MVLS Requirement"), and Nasdaq Listing Rule 5810(c)(3)(C) specifies that a deficiency occurs if the MVLS falls below this threshold for 30 consecuti

SHANGHAI, Nov. 12, 2024 /PRNewswire/ -- XChange TEC.INC (NASDAQ:XHG) (the "Company"), today announced that it has received a notice (the "Notice") from The Nasdaq Stock Market LLC ("Nasdaq") dated November 8, 2024 stating that the Company is not in compliance with the requirement to maintain a minimum bid price of $1 per share as set forth under Nasdaq Listing Rule 5550(a)(2) (the "Bid Price Rule") for continued listing on The Nasdaq Capital Market. Nasdaq Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of 30 consecutive business days. Based upon the closing bid price of the Company's American Depos

SHANGHAI, Nov. 4, 2024 /PRNewswire/ -- XChange TEC.INC (NASDAQ:XHG) (the "Company") today announced that it plans to change the ratio of the American depositary shares ("ADSs") representing its Class A ordinary shares from one (1) ADS representing six hundred thousand (600,000) Class A ordinary share to one (1) ADS representing twelve million (12,000,000) Class A ordinary shares. For the ADS holders, the change in the ADS ratio will have the same effect as a one-for-twenty reverse ADS split. There will be no change to the Company's Class A ordinary shares. The effect of the ratio change on the ADS trading price on The Nasdaq Capital Market is expected to take place at the open of trading on

SHANGHAI, Sept. 24, 2024 /PRNewswire/ -- XChange TEC.INC (NASDAQ:XHG) (the "Company"), today announced that on September 24, 2024, the Company entered into a Securities Purchase Agreement with VG Master Fund SPC ("VG") pursuant to which the Company may from time to time sell VG up to $25.0 million of American Depositary Shares ("ADSs") with each ADSs representing 600,000 of the Company's Class A Ordinary Shares. The timing of any such sales, are solely at the Company's option, and the Company is under no obligation to sell any securities to VG under the Purchase Agreement. The offering and sale of the ADSs by the Company to VG pursuant to the Purchase Agreement has been registered pursuant

SHANGHAI, Aug. 15, 2024 /PRNewswire/ -- XChange TEC.INC (NASDAQ:XHG) (the "Company"), today announced that it received two letters, dated August 12 and 14, 2024, respectively, from The Nasdaq Stock Market ("Nasdaq") notifying the Company that it had regained compliance with the requirement to maintain a minimum bid price of $1 per share as set forth under Nasdaq Listing Rule 5450(a)(1) for continued listing on The Nasdaq Global Market (the "Bid Price Rule"). As previously announced by the Company via a press release on April 9, 2024, the Company received a notice from Nasdaq dated April 3, 2024, stating that the Company was not in compliance with the Bid Price Rule. However, Nasdaq Listing

SHANGHAI, July 11, 2024 /PRNewswire/ -- XChange TEC.INC (NASDAQ:XHG) (the "Company"), today announced that on July 3, 2024, the Company received a letter (the "Panel Decision Letter") from The Nasdaq Stock Market LLC ("Nasdaq") informing that the Nasdaq Hearings Panel (the "Panel") has determined to grant the Company's request to transfer its listing from The Nasdaq Global Market to The Nasdaq Capital Market, and further, to grant the Company an extension of time to remain listed on The Nasdaq Capital Market through August 31, 2024, subject to the condition that on or before August 14, 2024, the Company will demonstrate compliance with Nasdaq Listing Rule 5450(a)(1) by evidencing a closing b

6-K - XChange TEC.INC (0001769256) (Filer)

6-K - XChange TEC.INC (0001769256) (Filer)

6-K - XChange TEC.INC (0001769256) (Filer)

6-K - XChange TEC.INC (0001769256) (Filer)

424B5 - XChange TEC.INC (0001769256) (Filer)

6-K - XChange TEC.INC (0001769256) (Filer)

6-K - XChange TEC.INC (0001769256) (Filer)

6-K - XChange TEC.INC (0001769256) (Filer)

6-K - XChange TEC.INC (0001769256) (Filer)

XChange TEC.INC (NASDAQ:XHG) (the "Company"), today announced that on July 3, 2024, the Company received a letter (the "Panel Decision Letter") from The Nasdaq Stock Market LLC ("Nasdaq") informing that the Nasdaq Hearings Panel (the "Panel") has determined to grant the Company's request to transfer its listing from The Nasdaq Global Market to The Nasdaq Capital Market, and further, to grant the Company an extension of time to remain listed on The Nasdaq Capital Market through August 31, 2024, subject to the condition that on or before August 14, 2024, the Company will demonstrate compliance with Nasdaq Listing Rule 5450(a)(1) by evidencing a closing bid price of $1.00 or more per share for

Shares of NIO Inc. (NYSE:NIO) fell sharply during Friday's session after the company disclosed that Steven Wei Feng has resigned as the Chief Financial Officer for personal and family reasons, effective July 5, 2024. NIO shares dipped 8.5% to $4.4550 on Friday. Here are some other stocks moving in today’s mid-day session. Gainers Qualigen Therapeutics, Inc. (NASDAQ:QLGN) jumped 120% to $0.3870 after gaining 6% on Wednesday. Zapp Electric Vehicles Group Limited (NASDAQ:ZAPP) rose 70.5% to $4.65 after gaining around 14% on Wednesday. MediWound Ltd. (NASDAQ:MDWD) shares jumped 45.6% to $21.12 after dipping around 7% on Wednesday. Koss Corporation (NASDAQ:KOSS) shares climb

Shares of GameStop Corp. (NYSE:GME) rose sharply in today's pre-market trading . The rally in the stock came on the back of Keith Gill, also known as "Roaring Kitty," disclosing a substantial position in GameStop on the r/Superstonk Reddit forum. GameStop shares jumped 69.1% to $39.12 in the pre-market trading session. Here are some other stocks moving in pre-market trading. Gainers MingZhu Logistics Holdings Limited (NASDAQ:YGMZ) rose 69.5% to $0.5931 in today's pre-market trading after the company reported an agreement to acquire Oxylus Global. TRACON Pharmaceuticals, Inc. (NASDAQ:TCON) shares gained 31.3% to $1.68 in pre-market trading. On May 14, TRACON Pharmaceuticals

Shares of SentinelOne, Inc. (NYSE:S) shares fell sharply during Friday's session after the company posted mixed first-quarter results. SentinelOne reported quarterly losses of 23 cents per share, which missed the analyst consensus estimate of losses of 5 cents by 360%. Quarterly sales came in at $186.4 million which beat the analyst consensus estimate of $181.09 million by 2.93%, according to data from Benzinga Pro. SentinelOne shares dipped 15.9% to $16.35 on Friday. Here are some other stocks moving in today’s mid-day session. Gainers Novo Integrated Sciences, Inc. (NASDAQ:NVOS) shares jumped 130.6% to $1.04 after the company approved a $5 million stock repurchase. The comp

U.S. stocks traded mostly higher this morning, with the Dow Jones index gaining around 75 points on Friday. Following the market opening Friday, the Dow traded up 0.20% to 38,187.97 while the NASDAQ rose 0.05% to 16,745.67. The S&P 500 also rose, gaining, 0.19% to 5,245.55. Check This Out: Cirrus Logic, Texas Roadhouse And 2 Other Stocks Insiders Are Selling Leading and Lagging SectorsEnergy shares rose by 0.9% on Friday. In trading on Friday, consumer staples shares fell by 0.1%. Top Headline The Federal Reserve's preferred inflation measure held steady in April, aligning with economist expectations, yet keeping investors anxious about potential rate cuts. The headline

Shares of Zscaler, Inc. (NASDAQ:ZS) rose sharply in today's pre-market trading after the company reported better-than-expected third-quarter earnings. Zscaler said third-quarter revenue increased 32% year-over-year to $553.2 million, which beat the consensus estimate of $535.906 million, according to Benzinga Pro. The company reported quarterly adjusted earnings of 88 cents per share, beating analyst estimates of 66 cents per share. Zscaler shares jumped 17.5% to $184.12 in the pre-market trading session. Here are some other stocks moving in pre-market trading. Gainers Nuburu, Inc. (NYSE:BURU) rose 71.9% to $0.2750 in today's pre-market trading after falling around 12% on Thu