Cloopen Group Holding Limited shareholders overwhelmingly approved a merger agreement with SpringX Holdings and its subsidiaries, which will make Cloopen a wholly-owned private company under HoldCo. The merger, approved by 99.98% of votes, will result in Cloopen's ADSs being delisted from the OTC Pink Market and the termination of its ADS program. This move marks Cloopen's transition from a public to a private company, aiming to streamline operations and ownership structure. The company will now work to complete the merger as planned, subject to regulatory and closing conditions.
Cloopen Group Holding Limited's merger approval came as 128 of 150 Technology-sector US stocks on Pluang fell today. For readers following this sector, here is Pluang's market snapshot as of Sep 24, 2026 17:41 WIB: Veritone Inc (VERI) traded at USD 1.25 with a 3.10% decline and a typical hold time of 12 days; IONQ Inc (IONQ) was priced at USD 41.24, down 3.06%, with a 31-day hold time; Marqeta Inc (MQ) stood at USD 15.61, down 3.04%, held typically for 43 days. Pluang order activity showed mixed buy/sell interest across these names.
Bullish executed a bitcoin options contract expiring January 28, 2028, marking the longest expiry ever on a digital asset exchange. This trade offers about two and a half years of bitcoin price exposure, a timeframe previously typical only for tradit...
Five industrial distributors—Grainger, Fastenal, MSC Industrial Direct, Applied Industrial Technologies, and Watsco—have built durable competitive advantages by deeply integrating their products and services into customers' operations. These companie...
On the Beach Group's shares rose 6% after it forecast adjusted pre-tax profit near the top of its guidance at £22–23 million for the year ending September 2026. The company also expects even higher profits of £28–35 million next year, supported by a ...
Silver Range Resources has identified new drill targets at its Drum gold project in central Utah by analyzing decades of historic exploration data from previous operators like Goldfields and Newmont. The company shifted its focus to structurally cont...
Birkenstock, a historic German footwear brand, is trading at a relatively low price-to-earnings ratio of 13.44 despite leading its sector in growth and profitability. The company targets 13–15% annual revenue growth through fiscal year 2028, driven b...
