Gridsum Holding Inc. (GSUM) News
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GSUM News Highlights
- GSUM's 30 day story count now stands at 1.
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Latest GSUM News From Around the Web
Below are the latest news stories about Gridsum Holding Inc that investors may wish to consider to help them evaluate GSUM as an investment opportunity.
Gridsum Holding Inc. Announces Completion of MergerGridsum Holding Inc. ("Gridsum" or the "Company") (NASDAQ: GSUM), a leading provider of cloud-based big-data analytics and artificial intelligence ("AI") solutions in China, today announced the completion of the merger with Gridsum Growth Inc. ("Merger Sub"), a wholly-owned subsidiary of Gridsum Corporation ("Parent"), pursuant to the previously announced agreement and plan of merger, dated as of September 30, 2020 (the "Merger Agreement"), by the Company, Parent and Merger Sub. As a result of the merger, the Company became a wholly-owned subsidiary of Parent and will cease to be a publicly traded company. |
Gridsum Reports Unaudited Financial Results for First Half of 2020Gridsum Holding Inc. ("Gridsum" or the "Company") (NASDAQ:GSUM), a leading provider of cloud-based big-data analytics and artificial intelligence ("AI") solutions in China, today reported its unaudited financial results for the six months ended June 30, 2020. |
Where Do Hedge Funds Stand On Gridsum Holding Inc. (GSUM)?At Insider Monkey, we pore over the filings of nearly 817 top investment firms every quarter, a process we have now completed for the latest reporting period. The data we’ve gathered as a result gives us access to a wealth of collective knowledge based on these firms’ portfolio holdings as of September 30. In this […] |
INVESTIGATION ALERT: Halper Sadeh LLP Continues to Investigate the Following Mergers; Shareholders are Encouraged to Contact the Firm - BMCH, GSUM, WTRE, EVHalper Sadeh LLP, a global investor rights law firm, is investigating: |
GRIDSUM INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Gridsum Holding Inc. - GSUMFormer Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of Gridsum Holding Inc. (NasdaqGS: GSUM) to an investor consortium led by the chairman of the board of directors of the Company. Under the terms of the proposed transaction, shareholders of Gridsum will receive only $2.00 in cash for each share of Gridsum that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company. |
Gridsum Regains Compliance with NASDAQ Listing Requirement for Minimum Bid PriceGridsum Holding Inc. ("Gridsum" or the "Company") (NASDAQ:GSUM), a leading provider of cloud-based big-data analytics and artificial intelligence ("AI") solutions in China, today announced that on October 1, 2020, it received a letter (the "Nasdaq Letter") from the Listing Qualifications Department of The Nasdaq Stock Market ("Nasdaq"), indicating that for the ten consecutive business days from September 15, 2020 through September 30, 2020, the closing bid price for the Company's American depositary shares (the "ADSs"), each representing one Class B ordinary share of the Company, has been at $1.00 per ADS or greater as required for continued listing on The Nasdaq Global Select Market. |
51 Biggest Movers From YesterdayGainers Solid Biosciences Inc. (NASDAQ: SLDB ) shares climbed 70.4% to close at $3.46 on Thursday after the company announced the FDA has lifted the clinical hold placed on the Company's IGNITE DMD Phase I/II clinical trial. Enlivex Therapeutics Ltd. (NASDAQ: ENLV ) shares rose 48% to close at $8.79 after the company announced positive top-line results of an investigator-initiated clinical trial of Allocetra in COVID-19 patients in severe/critical condition. AMAG Pharmaceuticals, Inc. (NASDAQ: AMAG ) surged 45.2% to close at $13.65 following a report suggesting Apollo's Covis said they are in talks to buy the company. American Equity Investment Life Holding Company (NYSE: AEL ) shares gained 44.1% to close at $31.68. American Equity yesterday named Graham Day to lead Eagle Life Insuranc... |
Why Gridsum Holding's Stock Is Trading Higher TodayGridsum Holding (NASDAQ: GSUM) shares are trading higher on Thursday after the company entered a going-private transaction. Gridsum Holding is a provider of … |
Gridsum Enters into Definitive Agreement for Going-Private TransactionGridsum Holding Inc. ("Gridsum" or the "Company") (NASDAQ:GSUM), a leading provider of cloud-based big-data analytics and artificial intelligence ("AI") solutions in China, today announced that it has entered into an Agreement and Plan of Merger (the "Merger Agreement") with Gridsum Corporation ("Parent"), and Gridsum Growth Inc., a wholly owned Subsidiary of Parent, pursuant to which the Company will be acquired by an investor consortium led by Mr. Guosheng Qi (the "Chairman"), chairman of the board of directors of the Company (the "Consortium") in an all-cash transaction that values the Company's equity at approximately US$75.5 million (the "Merger"). |
Quhuo, Virtusa leads technology gainers, Superconductor Technologies, MICT among major losersGainers: Quhuo (NASDAQ:QH) +27%, Virtusa (NASDAQ:VRTU) +24%, Nano Dimension (NASDAQ:NNDM) +18%, Research Frontiers (NASDAQ:REFR) +15%, Gridsum Holding (NAS |