Welcome to our dedicated page for LYL news (Ticker: LYL), a resource for investors and traders seeking the latest updates and insights on LYL stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect LYL's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of LYL's position in the market.
Metalpha Technology (Nasdaq: MATH) has appointed Liu Yi as Senior Advisor for crypto mining partnerships. Liu brings over 15 years of leadership experience from his role as CEO of Baohui Innovation Technology , Africa's largest crypto mining company.
The company announced its Crypto Mining Sustainable Partnership Program, aimed at building strategic alliances with mining partners globally through advisory services and financial solutions. Key recent initiatives include:
- Development of a Bitcoin Miner Index and related stock fund in 2024, in partnership with Antalpha and FTSE Russell
- Partnership with Litecoin Foundation in 2023 for hedging solutions and sustainable mining
- Research donation to Hong Kong Polytechnic University in 2022 focusing on BTC mining and carbon neutrality
Dragon Victory International Limited (Nasdaq: LYL) announced it received a notification from Nasdaq on September 21, 2022, regarding non-compliance with the minimum bid price requirement of $1.00 per share. The deficiency occurred over 30 consecutive business days from August 9 to September 20, 2022. The company now has until March 20, 2023, to regain compliance. Despite this, the notification does not currently affect the company’s Nasdaq listing or operations. Options such as a reverse share split may be considered to meet the bid price requirement.
Dragon Victory International Limited (LYL) has entered a binding term sheet for a business transformation and potential investment with Natural Selection Capital Holdings and others. The plan includes a shift to a blockchain-related business and an aggregate private placement of at least $7,000,000 through the issuance of ordinary shares. The deal involves significant warrants for consultants tied to performance milestones, with completion expected within four to six months. However, there are no guarantees that the transaction will be finalized or yield expected benefits.