MMTEC, Inc. Announces 1-for-8 Reverse Stock Split
HONG KONG, Dec. 12, 2024 /PRNewswire/ -- MMTEC, Inc. ("MMTEC" or the "Company") (Nasdaq: MTC) reported that it expects to implement a 1-for-8 reverse stock split on its common stock. The effective date is scheduled to beDecember 18, 2024, subject to the Company's satisfaction of Nasdaq Operations...
MMTEC, Inc. Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Deficiency
HONG KONG, July 10, 2024 /PRNewswire/ -- MMTEC, Inc. (NASDAQ: MTC) ("MMTEC", "we", "our" or the "Company"), aChina-based technology company that provides access to the U.S. financial markets, today announced that onJuly 8, 2024, the Company received a notification letter (the "Notification Letter...
MMTEC, INC. ANNOUNCES A PAUSE ON FINANCING ACTIVITIES IN THE NEXT SIX MONTHS
HONG KONG, May 8, 2024 /PRNewswire/ -- MMTEC, Inc. ("MMTEC" or the "Company") (Nasdaq: MTC), announced that it will suspend the acceptance of new investments and pause the Company's capital raising activities for the next six months. In light of the Company's current capital position, combined wi...
MMTEC, Inc. Announces Half Year 2023 Unaudited Financial Results
HONG KONG, Nov. 17, 2023 /PRNewswire/ -- First Half Year of 2023 Financial Highlights * Revenues increased by 289.48% from approximately $0.73 million to approximately$2.86 million as a result of the acquisition of Alpha Mind Technology Limited, an insurance agency and insurance technology co...
MMTEC, Inc. Regains Compliance with Nasdaq Minimum Bid Price Deficiency
HONG KONG, Nov. 8, 2023 /PRNewswire/ -- MMTEC, Inc. (NASDAQ: MTC) ("MMTEC", "we", "our" or the "Company"), aChina-based technology company that provides access to the U.S. financial markets, today announced that the Company received a notification letter (the "Notification Letter") from the Listi...
MMTEC, INC. TO HOLD ITS 2023 ANNUAL MEETING OF SHAREHOLDERS ON NOVEMBER 10, 2023
HONG KONG, Oct. 13, 2023 /PRNewswire/ -- MMTEC, Inc. (NASDAQ: MTC) ("MMTEC", "we", "our" or the "Company"), aChina-based technology company that provides access to the U.S. financial markets, today announced that it will hold its 2023 annual meeting of shareholders (the "2023 Annual Meeting") at ...
MMTEC, Inc. Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Deficiency
BEIJING, June 28, 2023 /PRNewswire/ -- MMTEC, Inc. (NASDAQ: MTC) ("MMTEC", "we", "our" or the "Company"), aChina-based technology company that provides access to the U.S. financial markets, today announced that onJune 27, 2023, the Company received a notification letter (the "Notification Letter"...
MMTEC, INC. ANNOUNCES RELOCATION OF OPERTIONS FROM BEIJING TO HONG KONG
BEIJING, March 6, 2023 /PRNewswire/ -- MMTEC, Inc. ("MMTEC" or the "Company") (Nasdaq: MTC) announced that commencingMarch 6, 2023, the Company will relocate its operations fromBeijing to Hong Kong Special Administrative Region. The Company's subsidiary, MM Future Technology Limited, aHong Kong i...
MMTEC, Inc. Announces Amendment to Memorandum and Articles of Association
BEIJING, Oct. 28, 2022 /PRNewswire/ -- MMTEC, Inc. ("MMTEC" or the "Company") (Nasdaq: MTC) filed an Amended and Restated Memorandum and Articles of Association with the Registrar of Corporate Affairs of theBritish Virgin Islands to increase the maximum number of shares that the Company is author...
MMTEC, Inc. Announces Half Year 2022 Unaudited Financial Results
BEIJING, Sept. 9, 2022 /PRNewswire/ -- MMTEC, Inc. (NASDAQ: MTC) ("MMTEC", "we", "our" or the "Company"), aChina based technology company that provides access to the U.S. financial markets, today announced its unaudited financial results for the six months endedJune 30, 2022. First Half 2022 Sum...
MMTEC, Inc. Announces $6 Million Equity Line Financing
BEIJING, Aug. 10, 2022 /PRNewswire/ -- MMTEC, Inc. ("MMTEC" or the "Company") (Nasdaq: MTC) entered into a common stock purchase agreement (the "Purchase Agreement"), with VG Master Fund SPC ("Investor"), under which, subject to specified terms and conditions, the Company may sell to Investor up ...
MMTEC, Inc. Regains Compliance with NASDAQ Minimum Bid Price Requirement
BEIJING, July 28, 2022 /PRNewswire/ -- MMTEC, Inc. (NASDAQ Capital Market: MTC) ("MMTEC" or the "Company"), aChina-based technology company that provides access to the U.S. financial markets, today announced that that on July 27, 2022, it received a letter from the Listing Qualifications Departme...
MMTEC, Inc. Announces 1-for-10 Reverse Stock Split
BEIJING, July 7, 2022 /PRNewswire/ -- MMTEC, Inc. ("MMTEC" or the "Company") (Nasdaq: MTC) reported that it expects to implement a 1-for-10 reverse stock split on its common stock. The effective date is scheduled to beWednesday, July 13, 2022, subject to the Company's satisfaction of Nasdaq Opera...
MMTEC, Inc. Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Deficiency
BEIJING, Jan. 28, 2022 /PRNewswire/ -- MMTEC, Inc. (NASDAQ: MTC) ("MMTEC", "we", "our" or the "Company"), aChina-based technology company that provides access to the U.S. financial markets, today announced that onJanuary 26, 2022,t he Company received a notification letter (the "Notification Lett...
MMTEC, Inc. Announces Entry Into Agreement for a $2.0 million Private Placement
BEIJING, Dec. 20, 2021 /PRNewswire/ -- MMTEC, Inc. (NASDAQ: MTC) ("MMTEC", "we", "our" or the "Company"), aChina-based technology company that provides access to the U.S. financial markets, today announced that onDecember 20, 2021, it had entered into a Securities Purchase Agreement (the "Purchas...
MMTEC, Inc. Announces Half Year 2021 Unaudited Financial Results
BEIJING, Sept. 30, 2021 /PRNewswire/ -- MMTEC, Inc. (NASDAQ: MTC) ("MMTEC", "we", "our" or the "Company"), aChina based technology company that provides access to the U.S. financial markets, today announced its unaudited financial results for the six months endedJune 30, 2021. First Half 2021 Su...
MMTEC, Inc. Announces 2020 Year-End Financial Results
BEIJING, April 23, 2021 /PRNewswire/ -- MMTEC, Inc. (NASDAQ: MTC) ("MMTEC", "we", "our" or the "Company"), aChina based technology company that provides access to the U.S. financial markets, today announced its financial results for the year endedDecember 31, 2020. Comparison of Results of Opera...
MMTEC, Inc. Announces Entry Into Agreement for Registered Direct Placement of $15.9 Million of Common Shares
BEIJING, Feb. 22, 2021 /PRNewswire/ -- MMTEC, Inc. (NASDAQ: MTC) ("MMTEC", "we", "our" or the "Company"), aChina-based technology company that provides access to the U.S. financial markets, today announced it has entered into a securities purchase agreement with institutional investors for the pu...
MMTEC, Inc. Announces Half Year 2020 Unaudited Financial Results
BEIJING, Oct. 15, 2020 /PRNewswire/ -- MMTEC, Inc. (NASDAQ: MTC) ("MMTEC", "we", "our" or the "Company"), aChina based technology company that provides access to the U.S. financial markets, today announced its unaudited financial results for the six months endedJune 30, 2020. First Half 2020 Sum...
MMTEC, INC. Engages Hitek Global to Expand Its Advisory and Research Capabilities
BEIJING, Aug. 10, 2020 /PRNewswire/ -- MMTEC, Inc. (NasdaqCM:MTC), a China based technology company that provides access to the U.S. financial markets (the "Company") announced today that it signeda three-month Consulting Services Agreement engaging Hitek Global Inc. to provide M&A, investment, f...