News list for " reorganization"

Illuvia reorganizes and cuts jobs due to poor operations

Illuvium, an NFT game project, was restructured and laid off due to poor operations, with some core contributors choosing to take pay cuts or receive their salaries in the form of tokens. The layoffs came last year when Illuvium released three interconnected games: Overworld, Arena and Zero, covering different game genres. Despite Illuvium's ambitious vision, after years of development, the community response has not been very positive. In December, co-founder Kieran Warwick admitted to "...

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2025-02-21 00:18:27
Military Group plans to restructure, Changan Automobile: The specific situation is not yet clear

On February 10, regarding the announcement by the parent company China Ordnance Equipment Group Co., Ltd. that it is planning a reorganization with other state-owned central enterprise groups, Changan Automobile replied to reporters: "At present, the specific situation is not clear. The announcement is the main one, and further information will be shared."

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2025-02-10 01:55:56
Shanshan Group responded: The reorganization does not involve listed companies

On January 27th, Shanshan shares announced that the relevant creditors of Shanshan Group Co., Ltd. have submitted an application to the people's court for the reorganization of Shanshan Group. The relevant person in charge of Shanshan Group told reporters that the reorganization is an effective way to resolve risks in a market-oriented and rule-of-law manner. Shanshan Group is confident and determined to respond actively under the guidance and assistance of governments at all levels and Financia...

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2025-01-27 03:15:59
3 Lianban stocks issued an announcement of abnormal movements: there is an uncertain risk of restructuring! A major construction machinery intelligent pioneer has been warned to reduce its holdings illegally... What are the announcements worth paying attention to after the market today?

3 Lianban stocks issued an announcement of abnormal movements: there is an uncertain risk of restructuring! A major construction machinery intelligent pioneer has been warned to reduce its holdings illegally... What are the announcements worth paying attention to after the market today?

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2024-12-25 13:13:09
Guotai Junan: Major asset restructuring plan disclosed, trading will resume tomorrow

On October 9th, Guotai Junan announced that the company and Haitong Securities plan to conduct major asset restructuring through share swap absorption and merger, and raise supporting funds. This transaction includes issuing shares to all class A shares and H shares of Haitong Securities. The company's class A shares will be suspended from September 6, 2024. At present, the relevant audit work has not been completed, and the shareholders' meeting will not be held for the time being. The company'...

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2024-10-09 11:48:04
Telegram wallet temporarily blocks access to UK users due to restructuring

Telegram announced that due to the company's restructuring, Telegram wallets for UK users will be temporarily restricted until the company registers as a crypto asset provider with the Financial Conduct Authority (FCA). Users can still withdraw funds to external wallets for free during this period. Telegram said it registered as a crypto asset provider to comply with existing regulations. At the same time, the platform is...

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2024-09-25 17:08:12
Mt. Gox Trustee: Repayment has been made to some creditors in the form of BTC and BCH

Mt. Gox announced that on July 5, 2024, the reorganization trustee made repayment to some of the reorganization creditors in the form of Bitcoin and Bitcoin Cash (BCH) through partially designated cryptocurrency exchanges and other channels in accordance with the Reorganization Plan. Once the following conditions are met, repayment will be made immediately to other rehabilitation creditors: (I) Confirmation of the validity of the registered account and other matters; (Ii) the intention to subscr...

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2024-07-05 06:36:45