Kaixin Auto Holdings (KXIN) News
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Latest KXIN News From Around the Web
Below are the latest news stories about KAIXIN HOLDINGS that investors may wish to consider to help them evaluate KXIN as an investment opportunity.
Kaixin Holdings Announces Receipt of Nasdaq Letter Regarding Regaining Compliance with Minimum Bid Price RequirementHANGZHOU, China, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Kaixin Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN) today announced the receipt of a notification letter dated November 12, 2024 from the Hearing Panel of the Nasdaq Stock Market (the “Hearing Panel”), notifying Kaixin that the Company has regained compliance with the minimum bid price requirement in Listing Rule 5550(a)(2) (the “Bid Price Rule”), as required by the Hearing Panel’s decision dated September 12, 2024. In application of List |
Kaixin Holdings Announces Share ConsolidationHANGZHOU, China, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Kaixin Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN) today announced that it will effect a share consolidation of its ordinary shares at a ratio of 1-for-60, effective on October 25, 2024 (the “Share Consolidation”). The Company’s ordinary shares are expected to begin trading on a post-consolidation basis at the open of the market session on October 25, 2024. Upon the market opening on October 25, 2024, the Company’s ordinary shares will c |
Kaixin Holdings First Half 2024 Earnings: US$0.10 loss per share (vs US$0.29 loss in 1H 2023)Kaixin Holdings ( NASDAQ:KXIN ) First Half 2024 Results Key Financial Results Net loss: US$5.37m (loss widened by 20... |
Kaixin Holdings Announces Extraordinary General Meeting ResultsHANGZHOU, China, Oct. 03, 2024 (GLOBE NEWSWIRE) -- Kaixin Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN) today announced that all resolutions presented to the shareholders at its extraordinary general meeting held on October 1, 2024 (the “Extraordinary General Meeting”) were duly passed. The full text of each resolution was included in the notice of the Extraordinary General Meeting, which was filed with the Securities and Exchange Commission (the “SEC”) on Form 6-K on August 13, 2024 and s |
Kaixin Holdings Announces Nasdaq Hearing DecisionHANGZHOU, China, Sept. 13, 2024 (GLOBE NEWSWIRE) -- Kaixin Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN), a leading new energy vehicle manufacturer and sales platform in China, today announced that it received a letter dated September 12, 2024 from the Nasdaq Hearings Panel (“Panel”), indicating that the Panel has determined to grant the Company a temporary exception to regain compliance with The Nasdaq Stock Market LLC’s Listing Rule 5550(a)(2) (the “Bid Price Rule”) by December 13, 2024. |
Kaixin Holdings Announces Receipt of Nasdaq Delisting Determination and Submission of AppealHANGZHOU, China, Aug. 22, 2024 (GLOBE NEWSWIRE) -- Kaixin Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN), a leading new energy vehicle manufacturer and sales platform in China, today announced that it received a letter from The Nasdaq Stock Market LLC (“Nasdaq”) dated August 19, 2024, indicating that the Company was not in compliance with Nasdaq Listing Rule 5810(c)(3)(A)(iii), as the Company’s securities had a closing bid price of $0.10 or less for ten consecutive trading days (the “Letter |
Kaixin Holdings Announces 2024 Extraordinary General Meeting of ShareholdersHANGZHOU, China, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Kaixin Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN), a leading new energy vehicle manufacturer and sales platform in China, today announced that it will hold its extraordinary general meeting of shareholders (the “EGM”) at 198 Qidi Road, Unit B2-303-137, Beigan Community, Xiaoshan District, Hangzhou, Zhejiang Province, China on October 1, 2024 at 10:00 a.m. (Beijing time), for the purposes of considering and, if thought fit, passing and a |
Kaixin Holdings Announces Receipt of Nasdaq Letter Regarding Second Minimum Bid Price Compliance PeriodBEIJING, July 31, 2024 (GLOBE NEWSWIRE) -- Kaixin Holdings ("Kaixin" or the "Company") (NASDAQ: KXIN) today announced the receipt of a notification letter (the “Nasdaq Letter”) dated July 31, 2024 from the Listing Qualifications department of the Nasdaq Stock Market (“Nasdaq”), notifying Kaixin that, as of July 30, 2024, the Company’s listed security has not regained compliance with the requirement of maintaining a minimum bid price of $1 per share pursuant to Nasdaq Rule 5550(a)(2). However, th |
Kaixin Holdings Full Year 2023 Earnings: US$2.34 loss per share (vs US$6.35 loss in FY 2022)Kaixin Holdings ( NASDAQ:KXIN ) Full Year 2023 Results Key Financial Results Revenue: US$31.5m (down 62% from FY 2022... |
Kaixin Auto Holdings Announces Name ChangeHANGZHOU, China, April 09, 2024 (GLOBE NEWSWIRE) -- Kaixin Auto Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN) today announced that it has changed its legal name from Kaixin Auto Holdings to Kaixin Holdings. The Company’s ordinary shares will commence trading on the Nasdaq Capital Market under the new name at the market open on April 10, 2024. No action by the Company's shareholders is required with respect to the name change. The CUSIP number for the Company’s ordinary shares will remain u |