SAN DIEGO, Oct. 21, 2024 (GLOBE NEWSWIRE) -- 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 inform ...

NEW YORK, Oct. 21, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of 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 ...

 NEW YORK, Oct. 20, 2024 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Xiao-I Corp. ("Xiao-I" or "the Company") (NASDAQ: AIXI) and certain of its officers.Class DefinitionThis lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Xiao-I securities bet ...

文章核心观点 - 公司Xiao-I在2023年3月9日进行了首次公开募股(IPO),发行了570万美国存托股(ADSs),每股价格为6.80美元 [1][4] - 自IPO以来,公司股价大幅下跌,给投资者造成了损失 [4] - 公司在2023年8月10日的年报中披露,其子公司Zhizhen Artificial Technology (Shanghai) Company Limited可能因中国法规变化而受到资金汇出限制 [4] - 2024年7月15日,公司收到纳斯达克交易所的违规通知,称公司美国存托股收盘价连续30个交易日低于1美元,不再符合最低股价要求 [5] 根据目录分类总结 公司概况 - 公司名称为Xiao-I Corporation,股票代码为AIXI,主营人工智能相关业务 [1][2][3][4][5] - 公司于2023年3月9日在纳斯达克上市,发行了570万美国存托股(ADSs),每股价格为6.80美元 [4] 股价变动 - 自IPO以来,公司股价大幅下跌,给投资者造成了损失 [4] - 2024年7月15日,公司股价下跌2.28%,收于每股约0.67美元 [5] 监管风险 - 公司在2023年8月10日的年报中披露,其子公司可能因中国法规变化而受到资金汇出限制 [4] - 2024年7月15日,公司收到纳斯达克交易所的违规通知,称公司股价连续30个交易日低于1美元,不再符合最低股价要求 [5]

文章核心观点 - 公司Xiao-I Corporation(纳斯达克代码:AIXI)在2023年3月9日首次公开募股(IPO)后,被指在招股说明书和公开声明中存在虚假或误导性陈述 [1][4] - 公司未能遵守美国公认会计准则(GAAP)编制财务报表,夸大了自身的人工智能(AI)能力、研发资源和整体竞争力 [4] - 公司未能充分披露其部分中国股东未能遵守《37号通知》的注册要求,导致无法按预期使用募集资金 [4] - 公司未能充分披露其需要大量研发投入以有效竞争AI行业,这将对其业务和财务业绩产生重大负面影响 [4] - 上述种种问题可能导致公司无法满足纳斯达克的最低股价要求,面临退市风险 [4] 根据目录分类总结 公司情况 - 公司Xiao-I Corporation于2023年3月9日在纳斯达克上市[1] - 公司被指在IPO招股说明书和公开声明中存在虚假或误导性陈述 [1][4] 财务和会计问题 - 公司未能遵守美国公认会计准则(GAAP)编制财务报表 [4] - 公司夸大了自身的人工智能(AI)能力、研发资源和整体竞争力 [4] 监管合规问题 - 公司未能充分披露其部分中国股东未能遵守《37号通知》的注册要求,导致无法按预期使用募集资金 [4] 经营风险 - 公司需要大量研发投入以有效竞争AI行业,这将对其业务和财务业绩产生重大负面影响 [4] - 上述问题可能导致公司无法满足纳斯达克的最低股价要求,面临退市风险 [4]

NEW YORK, Oct. 18, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against Xiao-I Corporation (“Xiao-I” or the “Company”) (NASDAQ: AIXI) in the United States District Court for the Southern District of New York on behalf of all persons and entities who purchased or otherwise acquired Xiao-I (i) American depository shares ("ADSs") pursuant and/or traceable to the Offering Documents issued in connec ...

NEW YORK, Oct. 17, 2024 /PRNewswire/ --Why: Rosen Law Firm, a global investor rights law firm, announces that it has filed a class action on behalf of 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 (the "Class Period"). A class ...

NEW YORK, Oct. 17, 2024 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Xiao-I Corporation ("Xiao-I" or the "Company") (NASDAQ: AIXI) and certain officers and directors. The class action, filed in the United States District Court for the Southern District of New York, and docketed under 24-cv-07837, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired: (a) Xiao-I American depository shares ("ADSs" ...

SAN DIEGO, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Robbins LLP announces that a shareholder filed a class action 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. (“Shanghai Xiao-i”), which comprises the Company’s AI busines ...

ATLANTA, Oct. 16, 2024 (GLOBE NEWSWIRE) --  A shareholder class action lawsuit has been filed against Xiao-I Corporation (“Xiao-I” or “the Company”) (NASDAQ: AIXI). The lawsuit alleges that Xiao-I’s Offering Documents were negligently prepared and that Defendants’ statements throughout the Class Period were materially false and misleading and/or omitted material information about the Company’s business, operations, and prospects, including allegations that: (i) Defendants had downplayed the true scope and s ...