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Infobird Co Ltd - IFBD STOCK NEWS

Welcome to our dedicated page for Infobird Co news (Ticker: IFBD), a resource for investors and traders seeking the latest updates and insights on Infobird Co stock.

Infobird Co Ltd (IFBD) delivers AI-powered customer engagement solutions through its cloud-based SaaS platform, helping businesses optimize sales processes and client interactions. This dedicated news hub provides investors and industry professionals with essential updates about the company's strategic developments.

Access official press releases and curated news covering financial results, product innovations, and corporate milestones. Our centralized repository ensures efficient tracking of Infobird's progress in AI-driven sales management software and cloud service enhancements.

Key updates include earnings announcements, partnership agreements, leadership changes, and technology advancements. Discover how Infobird's solutions for customer journey optimization and sales force benchmarking evolve to meet market demands.

Bookmark this page for streamlined access to verified information about IFBD's business trajectory. Check back regularly for authoritative updates on the company's role in transforming customer engagement through intelligent software solutions.

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Infobird (NASDAQ: IFBD) announced it has not filed its Form 20-F for the fiscal year ended December 31, 2023, by the May 15, 2024, deadline.

Despite the delay, Infobird expects to finalize the financial statements soon. On May 20, 2024, Nasdaq notified the company of non-compliance with Listing Rule 5250(c)(1).

Infobird has until July 19, 2024, to submit a compliance plan, and if accepted, they have until November 11, 2024, to file the form. The company's shares remain listed, and it intends to submit the plan by the deadline.

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Infobird Co., Ltd (NASDAQ: IFBD) delays reverse stock split to March 4, 2024, due to regulatory clearances, affecting trading schedule.
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Infobird Co., Ltd (NASDAQ: IFBD) announced the approval of a 1-for-8 share consolidation, capital reduction, and share capital reorganization to maintain its Nasdaq listing. The Share Consolidation aims to comply with Nasdaq rules by consolidating every eight ordinary shares into one, with no fractional shares issued. The Capital Reduction will change the authorized share capital from US$25 billion to US$50 million. Both measures were approved by the board and shareholders.
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Infobird Co., Ltd (NASDAQ: IFBD) announces the suspension of financing activities for the next three months to focus on business expansion and protect the interests of small and medium shareholders.
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Infobird Co., Ltd (NASDAQ: IFBD) announced a new business cooperation in software development with a total value of US$1.8 million. The company will intensify investment in research and development of SaaS systems and software technologies to explore more applicable scenarios and expand its business. Infobird will focus on high margin market segmentation with more competitive advantage and positive cash flow generation.
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Infobird Co., Ltd (NASDAQ: IFBD) has announced that it has regained compliance with the Nasdaq Capital Market's minimum bid price requirement after receiving a notification letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC. The company was previously notified of its failure to maintain a minimum closing bid price of at least $1.00 per share for 30 consecutive trading days, but has now evidenced a closing bid price of its ordinary shares at or greater than $1.00 per share for at least 10 consecutive business days, resulting in Nasdaq considering the matter closed.
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Infobird Co., Ltd (NASDAQ: IFBD) Announces Share Consolidation and Increase of Authorized Shares. The company's shareholders approved the proposed 1-for-20 share consolidation and increase of authorized share capital. The objective is to regain compliance with Nasdaq Marketplace Rule 5550(a)(2) and maintain its listing on the Nasdaq Capital Market.
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Infobird receives delinquency notification from Nasdaq for not meeting minimum bid price requirement.
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Infobird announces relocation of operations from Beijing to Hong Kong as part of its global expansion strategy. The company plans to establish new offices in other key locations and focus on high-margin market segments in finance, real estate, and hotel management.
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Infobird regains compliance with Nasdaq's minimum bid price requirement
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Infobird Co Ltd

Nasdaq:IFBD

IFBD Rankings

IFBD Stock Data

9.99M
1.99M
0.09%
0.01%
0.85%
Software - Application
Technology
Link
China
Beijing