ATX Group, Inc. regains Nasdaq compliance
Regaining Compliance: Addentax Group has regained compliance with Nasdaq Listing Rule 5450(a)(1) after confirming its common stock's bid price was above $1.00 for 10 consecutive business days from February 7 to February 21, 2024.
Previous Non-compliance Notification: The company had previously been notified by Nasdaq on April 24, 2024, that it failed to maintain the required minimum bid price over the preceding 30 business days.
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Super League Enterprise Shares Surge 200%; Check Out 20 Stocks Making Moves in Premarket Trading
Super League Enterprise Investment: Super League Enterprise, Inc. shares surged 200% to $9.83 in pre-market trading following a $10 million strategic equity investment from Evo Fund.
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Market Overview: The article provides a snapshot of various stocks' performance in pre-market trading, highlighting both significant gainers and losers.
Addentax Group Corp. Enters Into US$1.3 Billion Term Sheet for Proposed Acquisition of Up to 12,000 Bitcoins
Acquisition Announcement: Addentax Group Corp. has entered a non-binding term sheet to acquire up to 12,000 Bitcoins from a substantial holder, increasing the potential acquisition size from the previously discussed 8,000 BTC, with an estimated market value of approximately $1.3 billion.
Investment Strategy: The company aims to enhance its long-term Bitcoin investment strategy, leveraging the current bullish momentum of Bitcoin, while the final terms of the acquisition will be determined through mutual agreement and are subject to due diligence and approvals.
