Welcome to our dedicated page for RAAS news (Ticker: RAAS), a resource for investors and traders seeking the latest updates and insights on RAAS stock.
Cloopen Group Holding Limited (NYSE: RAAS) is a leading provider of cloud-based communication solutions, empowering enterprises through CPaaS, unified communications, and AI-enhanced contact centers. This page serves as the definitive source for official announcements, financial updates, and strategic developments from the company.
Investors and industry professionals will find curated press releases covering earnings reports, product innovations, and partnership agreements. Our repository ensures timely access to operational milestones and market positioning updates relevant to the cloud communications sector.
Key focus areas include technology advancements in SaaS platforms, enterprise customer growth metrics, and regulatory compliance developments. All content is verified through primary sources to maintain accuracy and relevance for financial analysis.
Bookmark this page for streamlined tracking of RAAS's progress in transforming business communications. Check regularly for updates on cloud solution deployments and industry leadership initiatives that shape digital transformation strategies.
Cloopen Group Holding (OTC: RAAS) has announced the filing of its annual report on Form 20-F with the U.S. Securities and Exchange Commission (SEC) on March 24, 2025. The report covers the fiscal year ended December 31, 2023, and includes the company's audited financial statements. The annual report is accessible through both the SEC's website and Cloopen's investor relations website.
Cloopen Group Holding (OTC: RAASY) has filed its annual report on Form 20-F for the fiscal year ended December 31, 2022, with the U.S. Securities and Exchange Commission (SEC) on August 27, 2024. This important financial document, which includes Cloopen's audited financial statements, is now accessible to investors and the public through the SEC's website and the company's investor relations portal.
The timely filing of this report demonstrates Cloopen's commitment to transparency and compliance with U.S. securities regulations. Investors can now review the company's financial performance and position for the 2022 fiscal year, providing valuable insights into Cloopen's operations and potential future prospects.
Cloopen Group Holding Limited (NYSE: RAAS) announced on April 3, 2023 that it has regained compliance with the NYSE's minimum share price requirement. This follows a notification from the NYSE on October 5, 2022, indicating non-compliance due to the average closing price of its American depositary shares (ADSs) falling below US$1.00. To address this, Cloopen adjusted the ADS Ratio from 1:2 to 1:6, effective on March 15, 2023. The 30-day average closing price of ADSs exceeded US$1.00 by March 31, 2023, ensuring the ADSs will continue trading on the NYSE, contingent upon ongoing compliance.
Cloopen Group Holding Limited (NYSE: RAAS) announced a change in the ratio of its American depositary shares (ADSs) to Class A ordinary shares from 1 ADS for 2 shares to 1 ADS for 6 shares. This adjustment equates to a 1-for-3 reverse ADS split, effective on March 15, 2023. No action is required from ADS holders as the change will be executed on the depositary's books. The price of the ADS is expected to rise proportionally, although Cloopen cannot guarantee that it will be three times the previous price. The company, based in China, provides cloud-based communication solutions.
Cloopen Group Holding Limited (NYSE: RAAS) has appointed HKCM CPA & Co as its new independent registered public accounting firm, effective February 3, 2023. This decision follows the tenure of Yu Certified Public Accountant, P.C., which lasted from July 18, 2022 to the recent change. The transition is supported by the company's board and audit committee, ensuring a seamless changeover. There were no disagreements or reportable events between Cloopen and its former auditor during their engagement. Cloopen, based in China, provides cloud-based communications solutions aimed at enhancing enterprise productivity.
Cloopen Group Holding Limited (NYSE: RAAS) announced it received a letter from NYSE Regulation granting an extension until May 17, 2023 to file its 2021 Annual Report. This extension is contingent upon the Company meeting ongoing milestones set with the NYSE. Failure to comply with these requirements may lead to an accelerated suspension or delisting from the NYSE. The Company has been in ongoing talks with the NYSE regarding this late filing issue.
