Color Star Technology Co Ltd - ADD STOCK NEWS

Color Star Technology Co., Ltd. (Nasdaq: ADD) has announced a strategic cooperation agreement with Quality Plus Biomedtech Co., Ltd. The collaboration aims to leverage both companies' strengths in marketing, brand building, data sharing, and research and development. Quality Plus specializes in biotechnology, developing health and beauty products. The partnership will utilize Color World Metaverse to promote Quality Plus' services, including cosmetology products and procedures. CEO Farhan Qadir emphasized the goal of attracting more female users and expanding product offerings through this cooperation.

Color Star Technology Co., Ltd. (Nasdaq: ADD) announced it has regained compliance with the minimum bid price requirement of $1.00 per share under Nasdaq Listing Rule 5550(a)(2). This follows a notification on December 22, 2022, indicating the company had fallen below the threshold for 30 consecutive business days. As of January 24, 2023, Color Star's shares closed at or above $1.00 for the required 10 consecutive days, resolving the compliance issue. The company, focusing on entertainment and education services, emphasizes the importance of technological integration in its operations.

Color Star Technology Co., Ltd. (Nasdaq: ADD) announced a strategic cooperation with Detok, a blockchain-based short-video platform. The partnership aims to enhance user engagement and expand market reach by integrating innovative content and services. Detok boasts millions of users and offers features like video copyright protection and various on-demand services. Color Star intends to leverage its metaverse platform, ColorWorld, to attract new users to Detok and increase profitability for content creators. CEO Farhan highlighted the company's commitment to utilizing technology to optimize user traffic and engagement across platforms.

Color Star Technology Co., Ltd. (Nasdaq: ADD) announced that its partner, Villarreal, recently beat Real Madrid 2-1, achieving their fourth consecutive victory. Villarreal, valued at 383 million euros, currently ranks fifth in LaLiga. Color Metaverse, a subsidiary of Color Star, aims for long-term collaboration, aspiring to become a title sponsor for major international events. The company also plans to convert tournament games into NFTs and leverage its ColorWorld Metaverse software to enhance fan engagement through digital content.

Color Star Technology Co., Ltd. (Nasdaq: ADD) has announced its role as the title sponsor of the 2022 Color Star European Winter Tournament. The event featured Villarreal Club de Fútbol, which defeated S.S.C. Napoli and Aston Villa F.C. Color Star plans to expand its sporting content through partnerships and the Color World metaverse platform, promoting NFTs and exclusive merchandise. CEO Farhan emphasized the significance of this sponsorship for brand visibility and user demand, indicating future involvement in more international sporting events.

Color Star Technology Co., Ltd. (Nasdaq: ADD) received a notification from Nasdaq indicating that its ordinary shares have been trading below the required minimum bid price of $1.00 for 30 consecutive business days. The Company has until June 20, 2023 to regain compliance by maintaining a bid price of at least $1.00 for 10 consecutive business days. If compliance is not achieved, Color Star may be eligible for an additional 180 days to cure the deficiency, potentially through a reverse stock split.

Color Star Technology Co., Ltd. (Nasdaq: ADD) is collaborating with Hurun Report to host the Hurun Summit in the UAE from January 23-25, 2023. The event aims to capitalize on the growing digital economy in the Middle East, with a fully developed digital exhibition hall in its metaverse platform, ColorWorld. The summit follows the successful America U30 Summit 2022, showcasing the rising interest in digital technology's role in wealth creation. CEO Farhan Qadir emphasized their commitment to leveraging technology for a successful event.

Color Star Technology Co., Ltd. (Nasdaq: ADD) congratulates Villarreal players Juan Foyth and Gerónimo Rulli for winning the FIFA World Cup Qatar 2022 with Argentina. The team, sponsored by Color Star, showcased their skills during a European tour. The partnership between Color Star and Villarreal has been renewed, focusing on developing soccer-related content and collaborations. CEO Farhan Qadir emphasized the company's aim to enhance soccer's global reach through technology and the metaverse platform. Color Star continues to expand its offerings in online entertainment and education.

Color Star Technology Co., Ltd. (Nasdaq: ADD) announced a strategic partnership with the School of Digital Art and Communication at Shandong University of Art & Design. This collaboration aims to enhance the development of the ColorWorld Metaverse by utilizing the School's expertise in digital art and technology. The partnership will focus on creating new content and technologies, allowing for online learning opportunities and enriching the metaverse platform's offerings. CEO Farhan emphasized the importance of this cooperation for increasing user engagement and expanding professional education.