Nisun International Announces Increased Ownership by Largest Shareholder, Mr. Bodang Liu
Nisun International (Nasdaq: NISN) announced that its largest shareholder, Mr. Bodang Liu, has increased his ownership in the company through open market purchases. On August 8, 9, and 19, 2024, Mr. Liu bought an additional 102,700 shares at an average price of $9.73 per share, investing approximately $999,156 in total. This purchase increased Mr. Liu's ownership from 19.36% to 21.92% of the outstanding shares.
CEO Xin Liu expressed gratitude for Mr. Liu's support and highlighted the company's strong fundamentals and current low valuation. Nisun's cash per share stands at approximately $29.0, suggesting that the market may not fully recognize the company's intrinsic value.
Nisun International (Nasdaq: NISN) ha annunciato che il suo principale azionista, il signor Bodang Liu, ha aumentato la sua partecipazione nella società tramite acquisti sul mercato aperto. L'8, il 9 e il 19 agosto 2024, il signor Liu ha acquistato ulteriori 102.700 azioni a un prezzo medio di $9,73 per azione, investendo circa $999.156 in totale. Questo acquisto ha aumentato la partecipazione del signor Liu dal 19,36% al 21,92% delle azioni in circolazione.
Il CEO Xin Liu ha espresso gratitudine per il supporto del signor Liu e ha evidenziato i solidi fondamentali della società e l'attuale bassa valutazione. Il saldo di cassa per azione di Nisun è di circa $29,0, suggerendo che il mercato potrebbe non riconoscere pienamente il valore intrinseco dell'azienda.
Nisun International (Nasdaq: NISN) anunció que su mayor accionista, el Sr. Bodang Liu, ha aumentado su propiedad en la empresa a través de compras en el mercado abierto. El 8, 9 y 19 de agosto de 2024, el Sr. Liu compró 102,700 acciones adicionales a un precio promedio de $9.73 por acción, invirtiendo aproximadamente $999,156 en total. Esta compra aumentó la propiedad del Sr. Liu del 19.36% al 21.92% de las acciones en circulación.
El CEO Xin Liu expresó su agradecimiento por el apoyo del Sr. Liu y destacó los sólidos fundamentos de la empresa y su actual baja valoración. El efectivo por acción de Nisun se sitúa en aproximadamente $29.0, lo que sugiere que el mercado puede no reconocer plenamente el valor intrínseco de la empresa.
니순 인터내셔널(Nasdaq: NISN)은 최대 주주인 리우 보당 씨가 공개 시장 구매를 통해 회사의 소유 지분을 늘렸다고 발표했습니다. 2024년 8월 8일, 9일, 19일에 리우 씨는 평균 가격 $9.73에 102,700주를 추가로 매입하며 총 $999,156를 투자했습니다. 이번 매입은 리우 씨의 지분을 19.36%에서 21.92%로 증가시켰습니다.
CEO 신 리우는 리우 씨의 지원에 감사를 표하며 회사의 강력한 기본적 사항과 현재 낮은 가치 평가를 강조했습니다. 니순의 주당 현금은 약 $29.0로, 시장이 회사의 내재 가치를 충분히 인식하지 못하고 있을 가능성을 시사합니다.
Nisun International (Nasdaq: NISN) a annoncé que son plus grand actionnaire, M. Bodang Liu, a augmenté sa participation dans l'entreprise par le biais d'achats sur le marché libre. Les 8, 9 et 19 août 2024, M. Liu a acheté 102 700 actions supplémentaires à un prix moyen de 9,73 $ par action, investissant au total environ 999 156 $. Cet achat a porté la participation de M. Liu de 19,36 % à 21,92 % des actions en circulation.
Le PDG Xin Liu a exprimé sa gratitude pour le soutien de M. Liu et a souligné les solides fondamentaux de la société ainsi que sa faible valorisation actuelle. La trésorerie par action de Nisun s'élève à environ 29,0 $, ce qui suggère que le marché ne reconnaît peut-être pas pleinement la valeur intrinsèque de l'entreprise.
Nisun International (Nasdaq: NISN) gab bekannt, dass sein größter Aktionär, Herr Bodang Liu, seinen Anteil an dem Unternehmen durch Käufe am offenen Markt erhöht hat. Am 8., 9. und 19. August 2024 hat Herr Liu zusätzlich 102.700 Aktien zu einem Durchschnittspreis von $9,73 pro Aktie gekauft und insgesamt etwa $999.156 investiert. Dieser Kauf erhöhte den Anteil von Herrn Liu von 19,36% auf 21,92% der ausgegebenen Aktien.
CEO Xin Liu äußerte Dankbarkeit für die Unterstützung von Herrn Liu und hob die starken Fundamentaldaten des Unternehmens sowie die derzeit niedrige Bewertung hervor. Der Cash-Bestand pro Aktie von Nisun liegt bei etwa $29,0, was darauf hindeutet, dass der Markt den inneren Wert des Unternehmens möglicherweise nicht vollständig erkennt.
- Largest shareholder increased ownership from 19.36% to 21.92%, investing $999,156
- Company reports strong fundamentals and cash per share of $29.0
- CEO expresses confidence in business strategy and growth initiatives
- Current stock price ($9.73) significantly below reported cash per share ($29.0), indicating potential market undervaluation
Insights
The increased ownership by Nisun's largest shareholder is a positive signal for investors. Mr. Liu's purchase of 102,700 shares at
The CEO's statement about
This news highlights a potential disconnect between Nisun's market valuation and its fundamentals. The significant insider buying, especially at a price well below the stated cash per share, suggests the company might be undervalued. However, it's important to investigate:
- Why is the market price so low compared to the reported cash position?
- Are there any risks or liabilities not reflected in the current share price?
- How does Nisun plan to utilize its cash to generate shareholder value?
Investors should conduct thorough due diligence to understand the full picture behind this apparent valuation gap.
On August 8, 9 and 19, 2024, Mr. Liu purchased an additional 102,700 shares at an average price of
"We are deeply grateful to Mr. Liu for his unwavering belief in Nisun's mission and his substantial support for our growth initiatives," said Mr. Xin Liu, CEO of Nisun. "This additional investment not only reflects his trust in our business strategy but also highlights the compelling investment opportunity Nisun offers as a profitable and growing business, especially given our strong fundamentals and current low valuation. With cash per share standing at approximately
About Nisun International Enterprise Development Group Co., Ltd
Nisun International Enterprise Development Group Co., Ltd (NASDAQ: NISN) is a technology-driven, integrated supply chain solutions provider focused on transforming the corporate finance industry. Leveraging its industry experience, Nisun is dedicated to providing professional supply chain solutions to Chinese and foreign enterprises and financial institutions. Through its subsidiaries, Nisun provides users with professional solutions for technology supply chain management, technology asset routing, and digital transformation of tech and finance institutions, enabling the industry to strengthen and grow. At the same time, Nisun continues to deepen the field of industry segmentation through industrial and financial integration. Focusing on industry-finance linkages, Nisun aims to serve the upstream and downstream of the industrial supply chain while also assisting with supply-side sub-sector reform. For more information, please visit http://ir.nisun-international.com/
Cautionary Note Regarding Forward-Looking Statements
This press release contains information about Nisun's view of its future expectations, plans and prospects that constitute forward-looking statements. Actual results may differ materially from historical results or those indicated by these forward-looking statements as a result of a variety of factors including, but not limited to, risks and uncertainties associated with its ability to raise additional funding, its ability to maintain and grow its business, variability of operating results, its ability to maintain and enhance its brand, its development and introduction of new products and services, the successful integration of acquired companies, technologies and assets into its portfolio of products and services, marketing and other business development initiatives, competition in the industry, general government regulation, economic conditions, dependence on key personnel, the ability to attract, hire and retain personnel who possess the technical skills and experience necessary to meet the requirements of its clients, and its ability to protect its intellectual property. Nisun encourages you to review other factors that may affect its future results in Nisun's registration statement and in its other filings with the Securities and Exchange Commission. Nisun assumes no obligation to update or revise its forward-looking statements as a result of new information, future events or otherwise, except as expressly required by applicable law.
Contacts
Nisun International Enterprise Development Group Co., Ltd
Investor Relations
Tel: +86 (21) 2357-0055
Email: ir@cnisun.com
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SOURCE Nisun International Enterprise Development Group Co., Ltd
FAQ
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