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Mercurity Fintech Holding Inc. Announces $6 Million Private Placement Financing

  • New York, Dec. 04, 2023 (GLOBE NEWSWIRE) -- Mercurity Fintech Holding Inc. (the “Company,” “we,” “us,” “our company,” or “MFH”) (Nasdaq: MFH), a digital fintech group, is pleased to announce that on November 30, 2023, it priced a private investment in public equity (“PIPE”) offering, through which it sold an aggregate of 14,251,781 units of its securities, each consisting of one (1) ordinary share and three (3) warrants, to one non-U.S. institutional investor at an offering price of $0.421 per unit, for the gross proceeds of $6 million (the "Gross Proceeds"), prior to the deduction of fees and offering expenses payable by the Company. The warrants are exercisable to purchase up to a total of 42,755,344 ordinary shares, for a period of three years commencing from November 30, 2023, at an exercise price of US$1.00 per ordinary share.
    12/04/2023

Mercurity Fintech Holding's Subsidiary, Ucon Capital Hong Kong, Earns Distinguished Approval to enter “Cyberport” Community

  • Hong Kong Digital Finance Initiative “Cyberport” Recognizes Mercurity Fintech Subsidiary Ucon Capital's Expertise and Capability by Granting an Approval to Join Its Prestigious Ranks Hong Kong Digital Finance Initiative “Cyberport” Recognizes Mercurity Fintech Subsidiary Ucon Capital's Expertise and Capability by Granting an Approval to Join Its Prestigious Ranks
    08/15/2023
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Mercurity Fintech Holding Inc. (MFH) can sell. Click on Rating Page for detail.

The price of Mercurity Fintech Holding Inc. (MFH) is 1.13 and it was updated on 2024-10-31 13:00:48.

Currently Mercurity Fintech Holding Inc. (MFH) is in undervalued.

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Trading Penny Stocks? Top Stock Market News for March 24th, 2022

  • Here's what you need to know about trading penny stocks today The post Trading Penny Stocks? Top Stock Market News for March 24th, 2022 appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
    Thu, Mar. 24, 2022

5 Stocks to Buy Under the Christmas Tree and Under $10 With Huge Upside Potential

  • While most of Wall Street focuses on large-cap and mega-cap stocks, as they provide a degree of safety and liquidity, many investors are limited in the number of shares they can buy.
    Sat, Dec. 25, 2021

Mercurity Fintech Holding Inc. Announces US$5 Million Private Placement

  • BEIJING, Sept. 8, 2021 /PRNewswire/ -- Mercurity Fintech Holding Inc. ("MFH" or the "Company") (Nasdaq: MFH), today announced that three investors, TEAO TECHNOLOGY CO.
    Wed, Sep. 08, 2021

Mercurity Fintech Holding Inc. Announces Changes of Company Directors

  • BEIJING, Aug. 25, 2021 /PRNewswire/ -- Mercurity Fintech Holding Inc. (the "Company" or "MFH") (Nasdaq: MFH) today announced that Mr. Liu Hao has resigned from his positions as the Company's director, CO-CEO and Acting CFO due to personal reasons, effective on August 24, 2021.
    Wed, Aug. 25, 2021

Mercurity Fintech Holding Inc. Announces Resignation of Company Director

  • BEIJING, Aug. 19, 2021 /PRNewswire/ -- Mercurity Fintech Holding Inc. (the "Company" or "MFH") (Nasdaq: MFH) today announced that Miss Xiaoyu Li has resigned from her position of the Company's Board of Directors due to personal reasons, effective August 18, 2021. Miss. Alva Zhou, the Chairperson and Co-Chief Executive Officer, commented: "On behalf of the Board of Directors and our management team, I would like to express our sincere gratitude to Miss Li for all her contributions to the Company.
    Thu, Aug. 19, 2021
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Mercurity Fintech Holding Inc. Announces Resignation of Company Director

  • BEIJING, July 7, 2021 /PRNewswire/ -- Mercurity Fintech Holding Inc. (the "Company" or "MFH") (Nasdaq: MFH) today announced that Mr. Longming Wu has resigned from his position of the Company's Board of Directors due to personal reasons, effective July 7, 2021.
  • 07/07/2021

5 Stocks To Watch For June 7, 2021

  • Some of the stocks that may grab investor focus today are: Wall Street expects G-III Apparel Group, Ltd. (NASDAQ: GIII) to report quarterly earnings at $0.15 per share on revenue of $462.03 million before the opening bell.
  • 06/07/2021

Mercurity Fintech Holding Inc. Reports First Quarter 2021 Financial Results

  • BEIJING, June 4, 2021 /PRNewswire/ -- Mercurity Fintech Holding Inc. (the "Company" or "MFH") (Nasdaq: MFH) today announced its unaudited financial results for the first quarter ended March 31, 2021. First Quarter 2021 Financial and Operating Highlights Q1 2021 GAAP revenues of $81 thousand, compared to $1,392 thousand in Q1 2020.
  • 06/04/2021

Mercurity Fintech Holding Inc. Announces Appointment of Mr. Hao Liu as Co-Chief Executive Officer

  • BEIJING, April 30, 2021 /PRNewswire/ -- Mercurity Fintech Holding Inc. (the "Company" or "MFH") (Nasdaq: MFH) today announced that its Board of Directors (the "Board") has appointed Mr. Hao Liu as co-Chief Executive Officer, effective on May 1, 2021.
  • 04/30/2021

Roxe Secures Strategic Investments From Zero2First and Future Capital Tech to Accelerate Growth

  • NEW YORK--(BUSINESS WIRE)--Roxe Global Payment Network Secures Strategic Investments from Zero2First and Future Capital Tech to Accelerate Growth
  • 04/21/2021

Mercurity Fintech Holding Inc. Announces US$10 Million Private Placement

  • BEIJING, April 13, 2021 /PRNewswire/ – Mercurity Fintech Holding Inc. ("MFH" or the "Company") (Nasdaq: MFH), today announced that three investors, namely Kaiyu Chen, Baibang Technology Co., Ltd. and Le Chai Wow Group Holding Ltd, have agreed to purchase a total of 537,143,470 ordinary shares of the Company ("Ordinary Shares") and warrants to purchase up to 537,143,470 Ordinary Shares (the "Warrants") for an aggregate consideration of US$10,000,000, to be settled in the form of 172.9354 bitcoins.
  • 04/13/2021

Mercurity Fintech Holding Inc. Reports Third Quarter 2020 Financial Results

  • BEIJING, Nov. 27, 2020 /PRNewswire/ -- Mercurity Fintech Holding Inc. (Nasdaq: MFH) today announced its unaudited financial results for the third quarter ended September 30, 2020. Third Quarter 2020 Financial and Operating Highlights Q3 2020 GAAP revenues of $41 thousand, compared to $580...
  • 11/27/2020

Mid-Morning Market Update: Markets Down; JPMorgan Profit Beats Estimates

  • Following the market opening Tuesday, the Dow traded down 0.30% to 28749.62 while the NASDAQ fell 0.16% to 11,856.86. The S&P also fell, falling 0.32% to 3,522.84. The U.S....
  • 10/13/2020

Earnings Scheduled For August 18, 2020

  • Companies Reporting Before The Bell • Advance Auto Parts Inc. (NYSE:AAP) is estimated to report quarterly earnings at $1.96 per share on revenue of $2.38 billion. •...
  • 08/18/2020

Mercurity Fintech Holding Inc. Announced Changes to Board Composition

  • Mercurity Fintech Holding Inc. (the "Company" or "MFH") (Nasdaq: MFH) today announced that Mr. Samuel Y. Shen has been appointed as independent director to the Company's board of directors (the "Board") and a member of the compensation committee of the Board. Concurrently, Mr. Min Zhou has resigned from the Board, the audit committee of the Board and the compensation committee of the Board for personal reasons. These changes were effective on July 9, 2020.
  • 07/10/2020

MFH Files Annual Report on Form 20-F for Fiscal Year 2019

  • Mercurity Fintech Holding Inc. ("the Company", "MFH") (Nasdaq: MFH), today announced that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2019, with the U.S. Securities and Exchange Commission. The annual report can be accessed on MFH's investor relations website at http://ir.ccjmu.com and on the website of the U.S. Securities and Exchange Commission at www.sec.gov.
  • 06/15/2020

Why You Should Care About Mercurity Fintech Holding Inc.’s (NASDAQ:MFH) Low Return On Capital

  • Today we'll look at Mercurity Fintech Holding Inc. (NASDAQ:MFH) and reflect on its potential as an investment...
  • 06/14/2020

Mercurity Fintech Holding Inc. Announced Appointment of Independent Director

  • Mercurity Fintech Holding Inc. (the "Company" or "MFH") (Nasdaq: MFH) today announced that Mr. Paul L. Gillis has been appointed as independent director to the Company's board of directors (the "Board"), effective June 8, 2020. Mr. Paul L. Gillis will serve as the chairperson of the Board's audit committee and audit committee financial expert.
  • 06/09/2020

Mercurity Fintech Holding Inc. Announced Private Placement

  • Mercurity Fintech Holding Inc. (the "Company" or "MFH") (Nasdaq: MFH) today announced that the Company has entered into a share purchase agreement regarding a private placement of US$1 million.
  • 05/20/2020

JMU Limited Announces Results of 2020 Annual General Meeting

  • JMU Limited (the "Company") (Nasdaq: MFH) today announced the results of its 2020 Annual General Meeting which was held on April 30, 2020 in Beijing, where it adopted a special resolution, effective immediately, to approve the change of company name to "Mercurity Fintech Holding Inc."
  • 04/30/2020

PagSeguro Digital (NYSE:PAGS) vs. JMU Ltd- (NYSE:JMU) Head to Head Review

  • PagSeguro Digital (NYSE:PAGS) and JMU Ltd- (NASDAQ:JMU) are both business services companies, but which is the better stock? We will compare the two companies based on the strength of their earnings, risk, institutional ownership, profitability, dividends, analyst recommendations and valuation. Profitability This table compares PagSeguro Digital and JMU Ltd-‘s net margins, return on equity and […]
  • 04/21/2020

MFH Establishes Digital Ecosystem and Launches "Mercury Plan"

  • JMU Limited ("the Company", "MFH") (Nasdaq: MFH) today announced the launch of its digital transformation plan, the "Mercury Plan." The Mercury Plan is comprised of two elements: business acquisitions and ecosystem integration.
  • 04/03/2020

JMU Limited to Hold Annual General Meeting on April 30, 2020

  • JMU Limited (the "Company") (Nasdaq: MFH) today announced that it will hold its annual general meeting of shareholders at Room 536, 5th Floor, Building No.1, No. 35 Shangdi East Road, Haidian District, Beijing, People's Republic of China on April 30, 2020 at 10:00 a.m. (local time).
  • 03/30/2020

JMU Limited Announced Appointment of New Independent Registered Public Accounting Firm

  • JMU Limited (the "Company") (Nasdaq: MFH) today announced the appointment of Shanghai Perfect C.P.A Partnership ("Shanghai Perfect") as the Company's independent registered public accounting firm. The change of the Company's independent registered public accounting firm has been approved by the audit committee of the Company.
  • 03/19/2020

JMU Receives NASDAQ Notice Regarding Minimum Bid Requirements

  • JMU Limited (the "Company") (Nasdaq: MFH) today announced that the Company had received a notice from the NASDAQ Stock Market LLC ("NASDAQ"), dated March 2, 2020, notifying that, the Company is currently not in compliance with the minimum bid price requirement set forth under NASDAQ Listing Rule 5550(a)(2) (the "Rule"). It has resulted from the fact that the bid price of the Company's American depositary shares ("ADSs") closed below US$1 per share for the last 30 consecutive business days from January 15, 2020 to February 28, 2020. The Company has been granted a grace period of 180 calendar days, expiring on August 31, 2020, in which to regain compliance. The Company will regain compliance if, at any time during this 180-day period, the closing bid price of the Company's ADSs is at least US$1 for a minimum of ten consecutive business days. In the event the Company does not regain compliance with the Rule within 180 calendar days, the Company may be eligible for additional time.
  • 03/10/2020

14 Consumer Cyclical Stocks Moving In Monday's Session

  • Gainers Murphy USA, Inc. (NYSE:MUSA) shares increased by 6.33% to $113.67 during Monday's regular session. AutoZone, Inc. (NYSE:AZO) shares rose 4.04% to $1101.96. Vipshop...
  • 03/09/2020

JMU Limited Announced Acquisition of Blockchain-Based Payment Business

  • JMU Limited (the "Company") (Nasdaq: MFH) today announced that the Company has entered into a share purchase agreement with Beijing Kuali Yitong Technology Co., Ltd. ("Beijing Kuali Yitong"), its affiliated offshore holding company, NBpay Investment Limited ("NBpay," together with Beijing Kuali Yitong, "NBpay Group"), and Mr. Kaiming Hu, an independent third party owning NBpay Group. Pursuant to the agreement, the Company will issue 761,789,601 ordinary shares to Mr. Kaiming Hu in exchange for the entire ownership in NBpay and the control over the NBpay Group. This transaction is subject to customary closing conditions. After the closing, Mr. Kaiming Hu will hold approximately 26.5% of the issued and outstanding ordinary shares of the Company.
  • 03/02/2020

Contrasting Autohome (NYSE:ATHM) and JMU Ltd- (NYSE:JMU)

  • Autohome (NYSE:ATHM) and JMU Ltd- (NASDAQ:JMU) are both computer and technology companies, but which is the better stock? We will contrast the two companies based on the strength of their valuation, risk, dividends, analyst recommendations, earnings, institutional ownership and profitability. Profitability This table compares Autohome and JMU Ltd-‘s net margins, return on equity and return […]
  • 02/22/2020

JMU Limited Announces Nasdaq Ticker Symbol Change to "MFH"

  • JMU Limited (the "Company") (Nasdaq: MFH) today announced that the Company's ticker symbol on the Nasdaq Capital Market has changed to "MFH" from "JMU." Trading under the new ticker symbol began on Wednesday, February 12, 2020.
  • 02/13/2020
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