cscw - CSCW STOCK NEWS

Color Star Technology Co., Ltd. (Nasdaq: CSCW) showcased its innovations at the GITEX Technology Week in Dubai, introducing the ColorWorld Metaverse and the DONO Metaverse Smartphone. The exhibition attracted over 5,000 exhibitors from 90 countries, highlighting advancements in metaverse and decentralized technologies. Color Star aims to revolutionize the fan economy in the metaverse using VR, AR, and AI. CEO Farhan Qadir emphasized the company's growth in both software and hardware, establishing new strategic partnerships to enhance their offerings in the metaverse.

Color Star Technology Co., Ltd. (Nasdaq: CSCW) announced it has regained compliance with Nasdaq's minimum bid price requirement of $1.00 per share. The company was initially notified of non-compliance on October 27, 2021, and received extensions to meet the requirement. As of October 10, 2022, the closing bid price had been at or above $1.00 for 10 consecutive business days. Nasdaq confirmed this compliance, signaling a positive development for Color Star's stock stability.

Color Star Technology Co., Ltd. (Nasdaq: CSCW) has announced its participation in the Gulf Information Technology Exhibition (GITEX) from October 10 to 14, 2022. This major tech event will feature Color Star's ColorWorld Metaverse and introduce the DONO Phone, the company's first metaverse smartphone. The DONO Phone will come preloaded with Color World, allowing easy access to the metaverse. The event aims to promote their technology and attract new partnerships for sales and representation opportunities. CEO Farhan Qadir emphasized the importance of this exhibition for their global outreach.

Color Star Technology Co., Ltd. (Nasdaq: CSCW) has announced that users can now purchase private aircraft on its metaverse platform, ColorWorld Metaverse. This groundbreaking initiative involves a partnership with Shenzhen Qianhai Bluejet Aviation Service Ltd., enhancing the platform's offerings through VR technology. Color Star aims to provide various aviation services, including airline ticketing and hotel services, as part of its long-term strategy. CEO Farhan Qadir emphasized the potential for tailored private flight services within the metaverse, marking a significant step in the digital economy.

Color Star Technology Co., Ltd. (Nasdaq: CSCW) attended the Dubai Metaverse Assembly on September 28, 2022, promoting its metaverse software ColorWorld Metaverse and introducing the DONO Phone, its first metaverse smartphone. The DONO Phone aims to enhance access to digital education and entertainment while ensuring user security through advanced cybersecurity technologies. CEO Farhan Qadir emphasized the company's focus on leveraging celebrity entertainment combined with artificial intelligence to stimulate the metaverse economy, aiming for increased revenue and opportunities.

Color Star Technology Co., Ltd. (Nasdaq: CSCW) has officially entered the mobile communications industry with its new metaverse smartphone, DONO phone. This phone integrates advanced security features and aims to connect users to the metaverse. The software, including the Color World app, supports VR, AR, and 5G technologies, with a strong emphasis on cybersecurity. Future plans for the DONO phone include a digital wallet and cloud storage services. CEO Farhan Qadir underscored the company's commitment to user safety and software stability as it targets the global market.

Color Star Technology Co., Ltd. (Nasdaq: CSCW) has announced its entry into the mobile industry with the development of the DONO metaverse phone. This eco-friendly smartphone emphasizes user privacy and security, featuring the ColorWorld Metaverse software pre-installed. The DONO phone will be launched at the GITEX exhibition in October 2022, providing users with access to entertainment, collaboration, and educational content. CEO Farhan Qadir expressed confidence in this new segment, highlighting the company's dedication to user safety and integration with other services.

Color Star Technology Co., Ltd. (Nasdaq: CSCW) announced that the Asian fashion brand Unbounded Human will start selling its clothing on the ColorWorld Metaverse platform, making it the first brand of its kind on the platform. Unbounded Human focuses on creating fashion that blends comfort, luxury, and oriental aesthetics. This partnership aims to leverage Color World's extensive user base to drive online traffic, essential for profitability in the evolving digital commerce landscape. The collaboration signifies a shift towards metaverse commerce, with Color World promoting brands within its marketplace.

Color Star Technology Co., Ltd. (NASDAQ: CSCW) announced the successful closure of its registered direct offering, raising approximately $5.6 million. The offering comprised 70 million ordinary shares and warrants, priced at $0.08 per unit. Funds from this offering will be allocated for general corporate purposes. The offering was conducted under an effective shelf registration statement with the SEC. Maxim Group, LLC acted as the sole placement agent, and all relevant documentation is available on the SEC's website.