Cloopen Group Holding Ltd (RAAS) News
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Latest RAAS News From Around the Web
Below are the latest news stories about CLOOPEN GROUP HOLDING LTD that investors may wish to consider to help them evaluate RAAS as an investment opportunity.
Cloopen Receives NYSE's Grant of Extension Regarding Delayed Filing of 2021 Annual ReportCloopen Group Holding Limited (NYSE: RAAS) ("Cloopen" or the "Company") today announced that it received a letter from NYSE Regulation indicating that NYSE's Listings Operations Committee agreed to provide the Company with an additional trading period through May 17, 2023, subject to reassessment on an ongoing basis, to complete and file the Company's annual report on Form 20-F for the fiscal year ended December 31, 2021 (the "2021 Annual Report") with the U.S. Securities and Exchange Commission |
Cloopen Group receives NYSE non-compliance letter regarding ADS trading priceCloopen Group (RAAS) received a letter from NYSE dated October 5, 2022, notifying the company that it is below compliance as the trading price is below $1.00.The company must bring… |
Cloopen Receives NYSE Non-compliance Letter Regarding ADS Trading PriceCloopen Group Holding Limited (NYSE: RAAS) ("Cloopen" or the "Company") today announced that it received a letter from the New York Stock Exchange (the "NYSE") dated October 5, 2022, notifying the Company that it is below compliance standards due to the trading price of the Company's American depositary shares (the "ADSs") and that the applicable cure period for the Company to regain compliance expires on April 5, 2023. |
Cloopen Regains Compliance with NYSE Minimum Price RequirementCloopen Group Holding Limited (NYSE: RAAS) ("Cloopen" or the "Company") today announced that, based on a notification letter the Company received from the New York Stock Exchange (the "NYSE") on September 1, 2022, the Company has regained compliance with the NYSE's continued listing standard for minimum share price. |
Cloopen Announces the Substantial Completion of the Independent Internal InvestigationCloopen Group Holding Limited (NYSE: RAAS) ("Cloopen" or the "Company") today announced that the independent special committee of the Company's Board of Directors (the "Special Committee") has substantially completed its independent internal investigation (the "Independent Investigation") into the issues disclosed in the press release issued by the Company on May 3, 2022. |
Cloopen Announces the Appointment of Yu CPA as Independent AuditorCloopen Group Holding Limited (NYSE: RAAS) ("Cloopen" or the "Company") today announced the appointment of Yu Certified Public Accountant, P.C. ("Yu CPA") as the Company's independent registered public accounting firm, effective July 18, 2022. The appointment was made after careful consideration and evaluation process and was approved by the board of directors of the Company (the "Board") and the audit committee of the Board. |
Cloopen Group Holding Limited (NYSE: RAAS) Is Currently -1175.9 Percent Below Its 52-Week High, But It Still Offers Strong Upside Potential.Cloopen Group Holding Limited (NYSE:RAAS)’s traded shares stood at 0.6 million during the last session. At the close of trading, the stock’s price was $0.83, to imply an increase of 13.75% or $0.1 in intraday trading. The RAAS share’s 52-week high remains $10.59, putting it -1175.9% down since that peak but still an impressive 33.73% … Cloopen Group Holding Limited (NYSE: RAAS) Is Currently -1175.9 Percent Below Its 52-Week High, But It Still Offers Strong Upside Potential. Read More » |
Cloopen Receives Notification from NYSE Regarding Delayed Filing of 2021 Annual ReportCloopen Group Holding Limited (NYSE: RAAS) ("Cloopen" or the "Company") today announced that, on May 18, 2022, it received a letter from the New York Stock Exchange (the "NYSE") notifying the Company that it is not in compliance with the NYSE's continued listing standards as a result of the Company's failure to timely file its annual report on Form 20-F for the fiscal year ended December 31, 2021 (the "2021 Annual Report"). The Company expects to file the 2021 Annual Report, upon (1) the outcome |
Cloopen Announces Changes in Independent DirectorsCloopen Group Holding Limited (NYSE: RAAS) ("Cloopen" or the "Company") today announced changes in independent directors of the Company. |
New China Accounting Scandal Flies Under the Radar. And Where There''s Smoke …By Doug Young A high-flying Chinese Starbucks imitator called Luckin (OTC: LKNCY ) made global headlines around this time two years ago, tumbling from grace after admitting to massively cooking its books. Now, a much lower-profile, but similar, scandal is brewing at a Chinese cloud services company called Cloopen (NYSE: RAAS ), which is saying as much as 10% of its sales in last year’s second quarter and up to 20% in the third quarter may have been faked by rogue employees. All this comes as the U.S. and China are hammering out an agreement that would give the U.S. securities regulator access it has long sought to the audit records of U.S.-listed Chinese companies. China has previously banned such access, but seems to realize giving it to the U.S. is ultimately in everyone’s interest by... |