Welcome to our dedicated page for Ostin Technology Group Co., Ltd. news (Ticker: OST), a resource for investors and traders seeking the latest updates and insights on Ostin Technology Group Co., Ltd. stock.
Ostin Technology Group Co., Ltd. (OST) delivers specialized display solutions through its advanced TFT-LCD modules and polarizer manufacturing capabilities. This news hub provides investors and industry professionals with essential updates on the company’s financial performance, product innovations, and market strategies.
Access timely press releases covering quarterly earnings, strategic partnerships, and technological advancements in display technology. Our curated collection features updates on OST’s core products—including custom LCD modules for automotive applications and progress in OLED-compatible polarizer development—along with operational developments across key Asian markets.
Key updates include manufacturing expansions, R&D breakthroughs in display components, and financial results reflecting the company’s position in consumer electronics and commercial display sectors. All content is verified for accuracy and relevance to support informed decision-making.
Bookmark this page for direct access to OST’s latest corporate developments. Check regularly for updates on display technology innovations and financial milestones from this China-based manufacturing specialist.
Ostin Technology Group (Nasdaq: OST), a Chinese display modules and polarizers supplier, has announced a $5.0 million registered direct offering. The company will sell 9,090,908 Class A ordinary shares at $0.55 per share, bundled with two warrants each. The deal includes:
- Class A ordinary shares at $0.55 per share
- Warrants to purchase up to 90,909,080 additional shares
- Warrant exercise price of $0.80 per share
- Two-year warrant expiration period
- Alternative exercise option after one month at 0.9x shares
The offering closed on April 15, 2025, under the shelf registration statement Form F-3 (File No. 333-279177), which was declared effective by the SEC on May 28, 2024.
Ostin Technology Group (Nasdaq: OST) reported strong sales performance for its digital photo frame product, Pintura, during recent Chinese shopping festivals. The product ranked second in digital photo frame sales on Tmall and Taobao, and third on JD.com and Douyin during Singles' Day. During the December 12 shopping festival, Pintura's online store ranked among the top two digital frame sellers on Taobao and Tmall.
The company has begun international expansion, launching Pintura products on Amazon in the United States and through its exclusive e-Commerce website for overseas markets during the Black Friday season. This expansion strategy aims to increase overall sales and strengthen the Pintura brand's global presence.
Ostin Technology Group (Nasdaq: OST) announces its participation in CES 2025, scheduled for January 7-10, 2025, at the Las Vegas Convention Center. The company will showcase its latest wireless photo transmission products at booth 22015, Central Hall.
Key product highlights include:
- Pingo: A first-generation portable TV stand featuring built-in battery, wireless design, and rollable smart screen with Full HD display
- Pintura X's Pinpin series: Features an Android app allowing users to split images across multiple screens for video wall-like effects
- New AI photo editing capabilities for Pintura products, designed to make photo editing accessible to all age groups
Ostin Technology Group (Nasdaq: OST) has updated the effective date of its previously approved 1-for-10 reverse share split from December 26 to December 31, 2024. The split was approved by shareholders on November 25, 2024. Upon implementation, the total outstanding Class A ordinary shares will reduce from approximately 18.1 million to 1.81 million, with shares continuing to trade under the symbol 'OST' but with a new CUSIP number G67927114.
The reverse split aims to regain compliance with Nasdaq's minimum bid price requirement of $1.00 per share. The company will adjust its Memorandum of Association to reduce authorized shares and set post-split share par value at $0.001. Fractional shares will be rounded up to the nearest whole share.
Ostin Technology Group (Nasdaq: OST) has announced a 1-for-10 reverse share split effective December 26, 2024. The split will reduce outstanding Class A ordinary shares from approximately 18.1 million to 1.81 million. The company's shareholders approved this action at an extraordinary general meeting on November 25, 2024.
The initiative aims to regain compliance with Nasdaq's minimum bid price requirement of $1.00 per share. The company will maintain its "OST" ticker symbol, though with a new CUSIP number (G67927114). The company has also amended its Memorandum of Association to adjust the par value to $0.001 per share. Shareholders entitled to fractional shares will have their holdings rounded up to the nearest whole share.
Ostin Technology Group (Nasdaq: OST) held an Extraordinary General Meeting on November 26, 2024, where shareholders approved several key resolutions. The meeting resulted in the appointment of Audit Alliance LLP as the independent auditor for fiscal year 2024. Shareholders also approved a significant 1-for-10 share consolidation of the company's authorized share capital, affecting Class A ordinary shares, Class B ordinary shares, and preference shares. Additionally, the company adopted a Third Amended and Restated Memorandum and Articles of Association to reflect these changes, with provisions for handling fractional shares through rounding up to the nearest whole share.
Ostin Technology Group Co., (Nasdaq: OST), a leading Chinese supplier of display modules and polarizers, has received an additional 180-day extension from Nasdaq to regain compliance with the minimum $1.00 bid price requirement. The new deadline is set for January 13, 2025. This extension was granted based on OST meeting all other initial listing requirements for the Nasdaq Capital Market, except for the bid price rule. The company's shares will continue trading under the symbol 'OST' on the Nasdaq Capital Market. To regain compliance, OST's class A ordinary shares must maintain a closing bid price of at least $1.00 for a minimum of 10 consecutive business days. The company is monitoring the situation and considering options to meet this requirement, including the possibility of a reverse stock split if necessary.
Ostin Technology Group announced that its subsidiary, Pintura.Life, achieved significant success with its crowdfunding campaign on Indiegogo, raising nearly $100,000 in two months. This reflects strong consumer interest in Pintura's innovative digital photo frames, which integrate multiple screens and cloud-based photo albums.
In China, Pintura's products performed well during the June '618' shopping event, ranking among the top six best-selling digital photo frames on Tmall and JD.com. The company has established partnerships with offline distributors to create a nationwide network.
The digital photo frame market is projected to grow from $72 million in 2024 to $115.1 million by 2034, driven by advancements in technology. Ostin plans to expand Pintura's reach to more e-commerce platforms globally and penetrate additional markets, anticipating revenue growth in the latter half of 2024.
