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Latest LLIT News From Around the Web
Below are the latest news stories about Lianluo Smart Ltd that investors may wish to consider to help them evaluate LLIT as an investment opportunity.
We're starting the day off right with a look at the biggest pre-market stock movers for Thursday with earnings backing much of that movement.
LIANLUO SMART INVESTOR ALERT by The Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of Lianluo Smart Limited - LLIT
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of Lianluo Smart Limited (NasdaqGS: LLIT) with Newegg Inc. pursuant to which Lianluo shareholders will end up owning just approximately 0.98% of the post-merger company. KSF is seeking to determine whether the merger and the process that led to it are adequate, or whether the merger undervalues the Company. If
Newegg, an online seller of electronics, is going public thanks to a reverse merger deal with Lianluo Smart Limited (LLIT).
Share this Stock InformationBEIJING, Oct. 24, 2020 /PRNewswire/ — Lianluo Smart Limited (“LLIT” or the “Company”) (NASDAQ:LLIT), and privately-held Newegg Inc. (“Newegg”) today jointly announced that they have entered into an Agreement and Plan of Merger (the “Merger Agreement”), whereby the stockholders of Newegg will become the majority owners of LLIT, as a result of the… Read More »Lianluo Smart Limited and Newegg Inc. Announce Entering into Merger Agreement
Lianluo Smart Limited ("LLIT" or the "Company") (NASDAQ: LLIT), and privately-held Newegg Inc. ("Newegg") today jointly announced that they have entered into an Agreement and Plan of Merger (the "Merger Agreement"), whereby the stockholders of Newegg will become the majority owners of LLIT, as a result of the merger of Lightning Delaware Sub, Inc. (the "Merger Sub"), LLIT's wholly owned subsidiary, with and into Newegg. In addition, LLIT will sell its equity holdings in Lianluo Connection Medical Wearable Device Technology (Beijing) Co., Ltd. ("Lianluo Connection") to Beijing Fenjin Times Technology Development Co., Ltd ("Fenjin Times") pursuant to an equity transfer agreement ("Disposition Agreement"). The disposition will become effective immediately following completion of the Merger.
Lianluo Smart Limited ("LLIT" or the "Company") (NASDAQ: LLIT), a China based professional smart service and products provider, today announced that the Company has effected a one-for-eight (1-for-8) reverse stock split of Class A common shares, par value $0.002731 per share, and Class B common shares, par value $0.002731 per share, of the Company.
Shares of Lianluo Smart Ltd (NASDAQ:LLIT) gapped up prior to trading on Wednesday . The stock had previously closed at $0.51, but opened at $0.63. Lianluo Smart shares last traded at $0.56, with a volume of 67,230 shares changing hands. The business’s 50 day simple moving average is $0.40 and its 200-day simple moving average […]
Thinly traded nano cap Lianluo Smart Limited (LLIT +70.8%) jumps on a robust 58x surge in volume, riding the wave of intense buying in companies that may b
/PRNewswire/ -- Lianluo Smart Limited (the "Company") announced today that it has received a letter from the staff (the "Staff") of The Nasdaq Stock Market LLC…