Xiao-I (AIXI)
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Investors who lost money on Xiao-I Corporation(AIXI) should contact The Gross Law Firm about pending Class Action - AIXI
Prnewswire· 2024-11-21 18:45
NEW YORK, Nov. 21, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Xiao-I Corporation (NASDAQ: AIXI).Shareholders who purchased shares of AIXI during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/xiao-i-corporation-loss-submission-form/?id=112800&from=4CLASS PERIOD: March 9, 2023 t ...
ROSEN, LEADING INVESTOR COUNSEL, Encourages Xiao-I Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action - AIXI
GlobeNewswire News Room· 2024-11-21 06:12
NEW YORK, Nov. 20, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of Xiao-I Corporation (NASDAQ: AIXI): (i) American depository shares (“ADSs”) pursuant and/or traceable to the Offering Documents issued in connection with the Company's initial public offering conducted on or about March 9, 2023 (the "IPO" or "Offering"); and/or (ii) securities between March 9, 2023 and July 12, 2024, both dates inclusive (the “Class Period”), of the important December 16 ...
Xiao-I Corporation Stockholders with Large Losses Should Contact Shareholder Rights Law Firm Robbins LLP for Information About the AIXI Class Action
Prnewswire· 2024-11-21 04:00
SAN DIEGO, Nov. 20, 2024 /PRNewswire/ -- Robbins LLP reminds shareholders that a class action was filed on behalf of all investors and entities that purchased or otherwise acquired Xiao-I Corporation (NASDAQ: AIXI) ADSs pursuant and/or traceable to the Company's initial public offering ("IPO") on March 9, 2023, or between March 9, 2023 and July 12, 2024. Xiao-I conducts business through its subsidiary Shanghai Xiao-I Robot Technology Co., Ltd., which comprises the Company's AI business.For more information, ...
Lost Money on Xiao-I Corporation(AIXI)? Join Class Action Suit Seeking Recovery – Contact The Gross Law Firm
GlobeNewswire News Room· 2024-11-21 01:44
NEW YORK, Nov. 20, 2024 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Xiao-I Corporation (NASDAQ: AIXI). Shareholders who purchased shares of AIXI during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/xiao-i-corporation-loss-submission-form/?id=112590&from=3 CLASS PERIOD: March 9 ...
Xiao-I Corporation Announces Strategic Cooperation with Deafopia to Expand Market Outreach for AI Hardware Business
Prnewswire· 2024-11-19 22:45
SHANGHAI, Nov. 19, 2024 /PRNewswire/ -- Xiao-I Corporation (NASDAQ: AIXI), a leading artificial intelligence company ("Xiao-I") , today announced a strategic cooperation with Deafopia, a nonprofit organization dedicated to supporting businesses within the deaf and hard-of-hearing communities. This collaboration will enhance the market visibility and distribution of Xiao-I's newly developed AI hardwares, with Deafopia managing outreach and expanding distribution channels, particularly to deaf schools, govern ...
Xiao-I Corporation Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before December 16, 2024 to Discuss Your Rights – AIXI
GlobeNewswire News Room· 2024-11-19 02:36
NEW YORK, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Xiao-I Corporation ("Xiao-I Corporation" or the "Company") (NASDAQ: AIXI) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Xiao-I Corporation investors who were adversely affected by alleged securities fraud between March 9, 2023 and July 12, 2024. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/xiao-i- ...
Shareholders that lost money on Xiao-I Corporation(AIXI) Urged to Join Class Action - Contact The Gross Law Firm to Learn More
Prnewswire· 2024-11-14 18:45
NEW YORK, Nov. 14, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Xiao-I Corporation (NASDAQ: AIXI).Shareholders who purchased shares of AIXI during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/xiao-i-corporation-loss-submission-form/?id=111750&from=4 CLASS PERIOD: March 9, 2023 ...
AIXI INVESTMENT ALERT: Kirby McInerney LLP Reminds Xiao-I Corporation Investors of Lead Plaintiff Deadline in Class Action Lawsuit
GlobeNewswire News Room· 2024-11-12 19:00
文章核心观点 - 柯比·麦金纳尼律师事务所提醒投资者在2024年12月16日前寻求成为联邦证券集体诉讼的首席原告 Xiao - I公司在财务披露等方面存在问题可能导致投资者权益受损 [1] 按目录总结 一、诉讼相关 - 柯比·麦金纳尼律师事务所提醒投资者2024年12月16日为寻求成为联邦证券集体诉讼首席原告的截止日期该诉讼代表那些在特定时期获取Xiao - I公司证券的投资者 [1] - 若投资者购买或获取了Xiao - I证券有相关信息或想了解更多可联系柯比·麦金纳尼律师事务所的Thomas W. Elrod [7] 二、Xiao - I公司财务状况 - 2023年上半年Xiao - I净亏损1880万美元而2022年同期净收入为60万美元运营费用为3410万美元较2022年的750万美元同比增长355%研发费用同比增长708%导致ADS价格在2023年9月25日每股下跌0.3美元约14.22%收于每股1.81美元 [2] - 2023年上半年研发费用增长708%主要是由于专业服务费大幅上升包括超级计算服务数据服务智能计算技术和软件外包成本与大数据模型开发项目和其他云平台产品有关且OpenAI的ChatGPT推出加速了其在AI +工业互联网研发的投资2023年10月20日ADS价格每股下跌0.03美元收于每股1.65美元 [3] - 2023年全年Xiao - I营收5920万美元低于共识估计3008万美元净亏损2700万美元较2022年的600万美元亏损增加总运营费用较2022年增长80.7%研发费用同比增长118.3%导致2024年4月30日ADS价格每股下跌0.08美元约6.2%收于每股1.22美元 [4] - 2024年7月11日Xiao - I收到纳斯达克上市资格部门通知信称其不再符合纳斯达克上市规则5450(a)(1)中的最低出价要求因为公司ADS收盘价连续30个工作日低于1美元2024年7月15日ADS价格下跌约2.28%收于每股0.67美元 [5] 三、诉讼指控内容 - 诉讼指控Xiao - I未披露公司因某些中国股东未遵守37号文注册而面临风险的真实范围和严重程度包括无法将发行所得用于预期业务目的未遵守GAAP编制财务报表员工夸大财务控制方面的补救努力被迫承担大量研发费用以在AI行业有效竞争淡化这些费用对业务和财务结果的负面影响从而夸大其AI能力研发资源和在AI市场的整体竞争能力并因此很可能无法遵守纳斯达克最低出价价格要求 [6]
Shareholders that lost money on Xiao-I Corporation(AIXI) Urged to Join Class Action - Contact Levi & Korsinsky to Learn More
Prnewswire· 2024-11-12 18:45
NEW YORK, Nov. 12, 2024 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Xiao-I Corporation ("Xiao-I Corporation" or the "Company") (NASDAQ: AIXI) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Xiao-I Corporation investors who were adversely affected by alleged securities fraud between March 9, 2023 and July 12, 2024. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/xiao-i-corpor ...
Lost Money on Xiao-I Corporation(AIXI)? Join Class Action Suit Seeking Recovery - Contact The Gross Law Firm
Prnewswire· 2024-11-11 18:45
NEW YORK, Nov. 11, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Xiao-I Corporation (NASDAQ: AIXI).Shareholders who purchased shares of AIXI during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/xiao-i-corporation-loss-submission-form/?id=111175&from=4CLASS PERIOD: March 9, 2023 t ...