CLOOPEN GRP HLDGS LTD ADR - RAASY STOCK NEWS

Welcome to our dedicated page for CLOOPEN GRP HLDGS ADR news (Ticker: RAASY), a resource for investors and traders seeking the latest updates and insights on CLOOPEN GRP HLDGS ADR stock.

Cloopen Group Holding Limited (OTC: RAASY) is a leading cloud-based communications solution provider in China, offering CPaaS, cloud-based contact centers, and cloud-based UC&C solutions. The company aims to enhance daily communication experiences and operational productivity for enterprises, driving innovation and value creation for customers and shareholders.

The company recently announced changes in its board of directors and settled a matter with the SEC, demonstrating its commitment to transparency, cooperation, and continuous improvement. Cloopen's mission is to revolutionize the enterprise communications industry through cutting-edge marketing tactics and SaaS tools.

08/27/2024 08:48 AM

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Cloopen Files Annual Report on Form 20-F for Fiscal 2022

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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.

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02/27/2024 08:04 AM

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Cloopen Files Annual Report on Form 20-F for Fiscal 2021

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Cloopen Group Holding Limited (RAAS) filed its annual report on Form 20-F for the fiscal year ended December 31, 2021, with the SEC. The report includes audited financial statements and is available on the SEC's website and the company's investor relations website.

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02/07/2024 07:00 AM

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Cloopen Reaches Settlement with U.S. Securities and Exchange Commission

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Cloopen Group Holding Limited (OTC: RAASY) has reached a settlement with the U.S. Securities and Exchange Commission (SEC) regarding employee misconduct and transaction irregularities. The SEC considered the company's prompt self-reporting and substantial cooperation, leading to the cessation of violations without civil penalties. CEO Changxun Sun emphasized the company's commitment to improving internal controls and creating value for customers and shareholders.

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12/01/2023 07:00 AM

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Cloopen Announces Changes in Board Composition

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Cloopen Group Holding Limited (RAASY) announces significant changes in its board of directors, including resignations and new appointments. The Board currently consists of ten directors and three independent directors. The newly appointed directors have extensive experience in finance, investment, and legal fields.

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10/26/2023 08:00 AM

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Cloopen Receives NYSE's Final Delisting Determination

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Cloopen Group Holding Limited (RAASY) has received the final delisting determination from the NYSE Committee. The delisting proceedings were initiated due to the Company's failure to file annual reports and a current report. The Company's ADSs will be struck from listing and registration.

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FAQ

What is the current stock price of CLOOPEN GRP HLDGS ADR (RAASY)?

The current stock price of CLOOPEN GRP HLDGS ADR (RAASY) is $0.45 as of January 28, 2025.

What is the market cap of CLOOPEN GRP HLDGS ADR (RAASY)?

The market cap of CLOOPEN GRP HLDGS ADR (RAASY) is approximately 25.0M.

What services does Cloopen Group Holding Limited provide?

Cloopen offers a full suite of cloud-based communications solutions, including CPaaS, cloud-based contact centers, and cloud-based UC&C.

What recent announcements has Cloopen made regarding its board of directors?

Cloopen recently announced changes in the composition of its board of directors, including new appointments and resignations.

How has Cloopen demonstrated its commitment to transparency and cooperation?

Cloopen settled a matter with the SEC by promptly self-reporting, providing substantial cooperation, and taking remedial measures to strengthen its internal controls.

What is Cloopen's mission in the enterprise communications industry?

Cloopen aims to enhance daily communication experiences and operational productivity for enterprises by offering innovative marketing tactics and SaaS-based tools.

How does Cloopen aim to drive value creation for customers and shareholders?

Cloopen focuses on driving innovation and value creation for its customers and shareholders through cutting-edge solutions and a commitment to continuous improvement.