Cloopen Files Annual Report on Form 20-F for Fiscal 2021
BEIJING, Feb. 27, 2024 /PRNewswire/ -- Cloopen Group Holding Limited (OTC: RAASY) ("Cloopen" or the "Company") today announced that it filed its annual report on Form 20-F (the "Annual Report") for th
Cloopen Reaches Settlement With U.S. Securities and Exchange Commission
BEIJING, Feb. 7, 2024 /PRNewswire/ -- Cloopen Group Holding Limited (OTC: RAASY) ("Cloopen" or the "Company") today announced that it has reached a settlement (the "Settlement") with the U.S. Securiti
SEC Charges China-Based Tech Company Cloopen Group With Accounting Fraud
Commission declines to impose civil penalties because of company's self-reporting, cooperation and remediationWashington, D.C.--(Newsfile Corp. - February 6, 2024) - The Securities and Exchange Commis
Express News | Ronglianyun announced large-scale model application upgrades and released Rongxi Intelligence and Rongxi Copilot
Cloopen Group Receives Final Delisting Determination From NYSE
Express News | Ronglian Cloud Releases “Big Red Rabbit Model”
Cloopen: Settlement Subject to Certain Conditions Including Entering Into Final Settlement Agreement, Notice to the Class Members, and Court Approval
Cloopen: Settlement Subject to Certain Conditions Including Entering Into Final Settlement Agreement, Notice to the Class Members, and Court Approval
Cloopen Enters Into Binding Term Sheet to Settle U.S. Securities Class Actions
Cloopen Enters Into Binding Term Sheet to Settle U.S. Securities Class Actions
Rong Lianyun faced delisting due to the accounting scandal. Analysts say he may not be as lucky as Ruixing
Cloopen Group Holding Ltd (Cloopen Group Holding Ltd), a cloud service provider, once had a market capitalization of 8 billion US dollars, but after an accounting scandal, most of the company's market capitalization evaporated. The story of cloud service giant Rong Lianyun is an interesting example of China Securities listed in the US. Since the company hasn't released any new financial reports since the third quarter of 2021, Rong Lianyun's stock was suspended on the main board of the New York Stock Exchange for two days last week. The problem stemmed from the recent accounting scandal. The stock resumed off-market trading. Not surprisingly, the stock price fell 38% on the first day. This stock is once
Cloopen Receives NYSE Notice to Suspend Trading, Commence Delisting Process
Cloopen Receives Notice From the NYSE to Suspend Trading and Commence Delisting Proceedings
BEIJING, May 18, 2023 /PRNewswire/ -- Cloopen Group Holding Limited (NYSE: RAAS) ("Cloopen" or the "Company") today announced that it received a notice from the New York Stock Exchange ("NYSE") regarding the commencement of delisting proceedings of the Company's American depositary shares (the "ADSs") on the basis that the ADSs are not suitable for listing due to the Company's failure to file with the Securities and Exchange Commission its annual reports on Form 20-F for the years ended December 31, 2021 and December 31, 2022 and current report on Form 6-K for the half year ended June 30, 2022 (collectively, the "Delayed Filings") by May 17, 2023, which is the maximum time allowed under Section 802.01E of the NYSE's Listed Company Manual. The NYSE suspended the trading in the ADSs on May 17, 2023. The Company has until June 1, 2023 to submit a written request to appeal the NYSE Regulation staff's delisting decision.
NYSE to Delist Cloopen Group ADSs Due to Delayed Filings
NYSE to Suspend Trading in Cloopen Group Holding Limited (RAAS) and Commence Delisting Proceedings
The New York Stock Exchange ("NYSE" or the "Exchange") announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the American depositary shares (the "ADSs") of Cloopen Group
Cloopen Group Holding Shares Halted, News Pending
Cloopen Group Holding Shares Halted, News Pending
Asian Equities Open Week Modestly Higher in Monday Trading
10:52 AM EDT, 05/01/2023 (MT Newswires) -- Asian equities began the week moving modestly higher in Monday morning trading as American depositary receipts of Asian stocks rose 0.12% to 1,510.87 on the
Stocks That Hit 52-Week Lows On Wednesday
 On Wednesday, 345 companies set new 52-week lows. Interesting Highlights From Today's 52-Week Lows: Pfizer (NYSE:PFE) was the largest company by market cap to set a new 52-week low.The smallest co
Asian Equities Poised to Close Week Over 2% Lower in Friday Trading
10:30 AM EDT, 04/21/2023 (MT Newswires) -- Asian equities were moving sharply lower in Friday morning trading, as American depositary receipts of Asian stocks fell 1.47% to 1,524.11 on the S&P Asia 50
Cloopen Regains Compliance With NYSE Minimum Price Requirement
BEIJING, April 4, 2023 /PRNewswire/ -- Cloopen Group Holding Limited (NYSE: RAAS) ("Cloopen" or the "Company") today announced that, based on a notification letter the Company received from the New Yo
12 Information Technology Stocks Moving In Monday's Intraday Session
GainersVNET Gr (NASDAQ:VNET) shares moved upwards by 26.9% to $4.11 during Monday's regular session. Trading volume for VNET Gr's stock is 13.2 million as of 13:30 EST. This is 621.1% of its average f
Chtagpt concept stocks rose collectively, C3.ai rose 16%
Gelonghui, April 1, 丨 SoundHound AIO rose 26%, C3.ai rose 16%, Rong Lianyun rose 13%, UiPath rose 7%, and Youdao rose 6%.
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