Color Star Technology Announces Pricing of Initial $7.0 Million Tranche of up to $33.0 Million Registered Senior Secured Convertible Notes
- NEW YORK, Sept. 27, 2024 (GLOBE NEWSWIRE) -- Color Star Technology Co., Ltd. (Nasdaq: ADD) (“Color Star” or the “Company”), an entertainment technology company with a global network that focuses on the application of technology and artificial intelligence in the entertainment industry, today announced it has entered into securities purchase agreements with certain institutional investors (the “Investors”) to purchase senior secured convertible notes in the aggregate principal amount of $7.6 million (the “First Closing”), having an original issue discount of 8% and a maturity of twelve months from issuance, resulting in net proceeds to the Company of approximately $7,000,000 (the “Convertible Notes”). The Convertible Notes will bear an interest rate of 6.0% per annum and will be convertible 45 days after the date of the First Closing, subject to certain conditions, into Class A Ordinary Shares of the Company (the “Ordinary Shares”) at an initial conversion price equal to the lower of $1.60, or the Alternative Conversion Price, as set forth in the Convertible Notes. This First Closing is expected to occur on or about September 30, 2024, subject to the satisfaction of customary closing conditions.
- 09/27/2024
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Color Star Enters Into a Strategic Cooperation Agreement with Zero2one Consultancy Ltd. to Join Forces and Invest in UK Education Market
- NEW YORK, Sept. 09, 2024 (GLOBE NEWSWIRE) -- Color Star Technology Co., Ltd. (Nasdaq: ADD) ("Color Star" or the "Company"), an entertainment technology company with a global network that focuses on the application of technology and artificial intelligence in the entertainment industry, announces today that it has signed a non-binding framework strategic cooperation agreement with Zero2one Consultancy Ltd. (“Zero2one”), an investment company in the United Kingdom. This agreement creates a framework of planned operations and marks the commencement of the cooperation between the two parties in jointly promoting the innovative development of education, culture and sports undertakings in the United Kingdom.
- 09/09/2024
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Color Star Announces the Appointment of New Vice President
- NEW YORK, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Color Star Technology Co., Ltd. (Nasdaq: ADD) ("Color Star" or the "Company"), an entertainment technology company with a global network that focuses on the application of technology and artificial intelligence in the entertainment industry, announces today the appointment of distinguished finance and strategy expert, Ren Pelosi, as vice president of the Company, effective September 1, 2024.
- 09/03/2024
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4 Stocks Moving Sharply Before the Market Opens
- Premarket trading is some of my favorite trading to watch.
- 08/08/2024
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Color Star Technology Received Nasdaq Notification Letter Regarding Bid Price Deficiency
- NEW YORK, Nov. 16, 2023 (GLOBE NEWSWIRE) -- Color Star Technology Co., Ltd. (Nasdaq: ADD) ("Color Star" or the "Company"), an entertainment technology company with a global network that focuses on the application of technology and artificial intelligence in the entertainment industry, announced today that on November 14, 2023, the Company received a notification letter from the Nasdaq Listing Qualifications Staff of The NASDAQ Stock Market LLC (“Nasdaq”) notifying the Company that the minimum bid price per share for its Class A ordinary shares has been below $1.00 for a period of 30 consecutive business days and the Company therefore no longer meets the minimum bid price requirements set forth in Nasdaq Listing Rule 5550(a)(2).
- 11/16/2023
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Color Star Technology Launches an AI Virtual Band
- NEW YORK , Oct. 18, 2023 /PRNewswire/ -- Color Star Technology Co., Ltd. (Nasdaq: ADD) ("Color Star" or the "Company"), an entertainment technology company with a global network that focuses on the application of technology and artificial intelligence in the entertainment industry, announces today that its artificial intelligence (AI) virtual band plans to release its first digital music album, "Color World" around November 2023.
- 10/18/2023
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Color Star Enters into Letter of Intent to Acquire Yi Ti Technology to Expand into the Sports Technology Segment
- NEW YORK , Oct. 9, 2023 /PRNewswire/ -- Color Star Technology Co., Ltd. (NASDAQ: ADD) ("Color Star" or the "Company"), an entertainment technology company with a global network that focuses on the application of technology and artificial intelligence in the entertainment industry, announces today that it has entered into a non-binding letter of intent ("LOI") for the planned acquisition of Yi Ti Technology Ltd.
- 10/09/2023
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Billkin & PP Krit's Philippines Fan Meeting Draws Curtains to an Ecstatic Audience
- NEW YORK , Sept. 20, 2023 /PRNewswire/ -- Color Star Technology Co., Ltd.
- 09/20/2023
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Color Star Announces Entry into Non-Binding LOI for the Acquisition of JingXiang (Australia)
- NEW YORK , Sept. 12, 2023 /PRNewswire/ -- Color Star Technology Co., Ltd.
- 09/12/2023
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Countdown Begins for BK & PP's Unmissable Philippines Fan Meeting on September 10
- NEW YORK , Sept. 5, 2023 /PRNewswire/ -- The countdown has begun as the Billkin & PP Krit fan meeting taking place in Manila on the 10th of September is less than a week away.
- 09/05/2023
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Color World Cup - WBA Boxing Tour Met With Sensational Reception and Online Viewership Numbers
- NEW YORK , Sept. 1, 2023 /PRNewswire/ --The Color World Cup - WBA World Tour organized by the World Boxing Association ("WBA") and Color Star Technology Co., Ltd.
- 09/01/2023
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The Color World Cup - WBA World Tour in Dubai Successfully Draws To A Close
- NEW YORK , Aug. 29, 2023 /PRNewswire/ -- The Color World Cup- WBA World Tour hosted by Color Star Technology Co., Ltd. (Nasdaq: ADD) ("Color Star" or the "Company"), an entertainment technology company with a global network that focuses on the application of technology and artificial intelligence in the entertainment industry, successfully took place at the Le Méridien Dubai Hotel & Conference Centre on August 26th, 19:00 local time.
- 08/29/2023
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Media Attention Turns To Fast-Approaching Color World Cup - WBA World Tour Press Conference In Dubai
- NEW YORK , Aug. 23, 2023 /PRNewswire/ -- The Color World Cup - WBA World Tour hosted by Color Star Technology Co., Ltd. (Nasdaq: ADD) ("Color Star" or the "Company"), an entertainment technology company with a global network that focuses on the application of technology and artificial intelligence in the entertainment industry, and the World Boxing Association (the "WBA") will officially take place in Dubai on the 26th of August, 2023.
- 08/23/2023
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Internationally Renowned Software Platform "Come Come Delivery Services" Enters into Strategic Cooperation Agreement with Color Star's Metaverse
- NEW YORK , Aug. 15, 2023 /PRNewswire/ -- Color Star Technology Co., Ltd. (Nasdaq: ADD) ("Color Star" or the "Company"), an entertainment technology company with a global network that focuses on the application of technology and artificial intelligence in the entertainment industry, announces today that it has officially entered into a framework strategic cooperation agreement with Come Come Delivery Services ("Come Come"), which provides that Come Come will open a separate ticket purchase channel for ColorWorld Metaverse's ("ColorWorld" or the "Metaverse") platform on the Come Come application.
- 08/15/2023
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Tickets Now on Sale for Color World Cup - WBA World Tour featuring former WBA World Title Champions in Dubai on August 26
- NEW YORK , Aug. 10, 2023 /PRNewswire/ -- Color Star Technology Co., Ltd. (Nasdaq: ADD) ("Color Star" or the "Company"), an entertainment technology company with a global network that focuses on the application of technology and artificial intelligence in the entertainment industry, together with the World Boxing Association (the "WBA") announces today that tickets for the Color World Cup - WBA World Tour are now officially available for purchase.
- 08/10/2023
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Color Star Technology Co-organizes Billkin & PP Krit Fan Meet on September 10 in Manila, Philippines
- NEW YORK , Aug. 3, 2023 /PRNewswire/ -- Color Star Technology Co., Ltd. (Nasdaq: ADD) ("Color Star" or the "Company"), an entertainment technology company with a global network that focuses on the application of technology and artificial intelligence in the entertainment industry, announces today that it is co-organizing a Billkin & PP Krit fan meeting event together with Three Angles Production.
- 08/03/2023
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Color Star Plans to Increase Business Revenue Through Attracting More Corporate Sponsorships
- NEW YORK , July 24, 2023 /PRNewswire/ -- Color Star Technology Co., Ltd. (Nasdaq: ADD) ("Color Star" or the "Company"), an entertainment technology company with a global network that focuses on the application of technology and artificial intelligence in the entertainment industry, announces that its subsidiary, Color Metaverse Pte.
- 07/24/2023
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Color Star Technology and Three Angles Production Announce Strategic Partnership to Increase Cooperation in the Southeast Asian Live Events Industry
- NEW YORK , July 13, 2023 /PRNewswire/ -- Color Star Technology Co., Ltd. (Nasdaq: ADD) ("Color Star" or the "Company"), an entertainment technology company with a global network that focuses on the application of technology and artificial intelligence in the entertainment industry, announces that its subsidiary, Color Metaverse Pte.
- 07/13/2023
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Color World Cup - World Boxing Association Tour Officially Begins in Dubai on August 26
- NEW YORK , July 10, 2023 /PRNewswire/ -- Color Star Technology Co., Ltd. (Nasdaq: ADD) ("Color Star" or the "Company"), an entertainment technology company with a global network that focuses on the application of technology and artificial intelligence in the entertainment industry, together with the World Boxing Association (the "WBA") announces today that the "Color World Cup - World Boxing Association World Tour" has received international attention.
- 07/10/2023
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