Urban Tea Subsidiary Achieves Earn-out Commitment and Urban Tea Expects 400% Increase in Total Revenues For Fiscal Year Ending 6/30/2021
CHANGSHA, China, Jan. 20, 2021 /PRNewswire/ -- Urban Tea Inc. (the "Company," "we" or "Urban Tea") (NASDAQ: MYT), a premier retailer of specialty teas and baked goods based inHunan, China, announced today that its 51% owned subsidiary, Hunan 39 Pu Tea Co., Ltd. ("39 Pu Tea"), has completed its f...
Urban Tea Announces Entry into Definitive Agreement to Acquire Two Companies
CHANGSHA, China, Nov. 17, 2020 /PRNewswire/ -- Urban Tea Inc. (the "Company," "we" or "Urban Tea") (NASDAQ: MYT), a premier retailer of specialty teas and baked goods based inHunan, China, announced today that its wholly-owned subsidiary Hunan Ming Yun Tang Brand Management Co., Ltd. ("Ming Yun T...
Urban Tea Plans to Open New Store in New York City
CHANGSHA, China, Oct. 19, 2020 /PRNewswire/ -- Urban Tea Inc. (the "Company," "we" or "Urban Tea") (NASDAQ: MYT), a premier retailer of specialty teas and baked goods headquartered inHunan, China, announced today that it has begun planning for the opening of a new store inNew York City. MYT curr...
Urban Tea Inc.'s Newly Acquired "CROP CIRCLE" Restaurant Reports a 25% Sales Growth in the Midst of the COVID-19 Pandemic
CHANGSHA, China, Oct. 13, 2020 /PRNewswire/ -- Urban Tea Inc. (the "Company," "we" or "Urban Tea") (NASDAQ: MYT), a premier retailer of specialty teas and baked goods headquartered inHunan, China, announced today that CROP CIRCLE, its casual street food restaurant inNew York City, has witnessed a...
Urban Tea Announces Entry into Share Purchase Agreement to Acquire 80% Equity Interests in Guokui Management Inc.
CHANGSHA, China, Sept. 23, 2020 /PRNewswire/ -- Urban Tea Inc. (the "Company," "we" or "Urban Tea") (NASDAQ: MYT), a premier retailer of specialty teas and baked goods based inHunan, China, announced today that it has entered into a share purchase agreement (the "Agreement"), pursuant to which th...
Urban Tea Regains Compliance with Nasdaq Minimum Bid Price Requirements for Continued Listing
CHANGSHA, China, Sept. 14, 2020 /PRNewswire/ -- Urban Tea Inc. (the "Company," "we" or "Urban Tea") (NASDAQ: MYT), a premier retailer of specialty teas and baked goods headquartered inHunan, China, is pleased to announce that it has regained compliance with Nasdaq's minimum bid price requirement....
Urban Tea Announces Entering into Letter of Intent to Acquire 80% Equity Interests in Guokui Management Inc.
CHANGSHA, China, Sept. 9, 2020 /PRNewswire/ -- Urban Tea Inc. (the "Company," "we" or "Urban Tea") (NASDAQ: MYT), a premier retailer of specialty teas and baked goods headquartered inHunan, China, announced today that the Company has signed a non-binding Letter of Intent ("LOI") to acquire 80% of...
Urban Tea Announces Entry into Letter of Intent to Acquire Controlling Stake of A Brand Management Company and A Supply Chain Management Company
CHANGSHA, China, Aug. 27, 2020 /PRNewswire/ -- Urban Tea Inc. (the "Company," "we" or "Urban Tea") (NASDAQ: MYT), a premier retailer of specialty teas and baked goods based inHunan, China, announced today that the Company and its wholly-owned subsidiary Hunan Ming Yun Tang Brand Management Co., L...
Urban Tea Announces Clarification of Effectiveness Date for 1 for 10 Reverse Share Split
CHANGSHA, China, Aug. 26, 2020 /PRNewswire/ -- Urban Tea Inc. (the "Company," "we" or "Urban Tea") (NASDAQ: MYT), a premier retailer of specialty teas and baked goods based inHunan, China, is issuing this press release to clarify its press release datedAugust 25, 2020. On August 25, 2020, the Com...
Urban Tea Announces 1 for 10 Reverse Share Split
CHANGSHA, China, Aug. 25, 2020 /PRNewswire/ -- Urban Tea Inc. (the "Company," "we" or "Urban Tea") (NASDAQ: MYT), a premier retailer of specialty teas and baked goods based inHunan, China, today announced that a 1 for 10 reverse split of its ordinary shares was approved by the Company's board of ...
Urban Tea, Inc. Announces Pricing of $6.0 Million Ordinary Share Registered Direct Offering
CHANGSHA, China, Aug. 14, 2020 /PRNewswire/ -- Urban Tea, Inc. ("Urban Tea" or the "Company") (NASDAQ: MYT), a premier retailer of specialty teas and baked goods headquartered inHunan, China, announced today that it has entered into a securities purchase agreement with certain accredited investor...
Urban Tea Announces Grand Opening of First Overseas Tea House in New York City on August 1, 2020
CHANGSHA, China, July 31, 2020 /PRNewswire/ -- Urban Tea Inc. (the "Company," "we" or "Urban Tea") (NASDAQ: MYT), a premier retailer of specialty teas and baked goods based inHunan, China, today announced the date of the grand opening of MENO, a specialty tea and coffee house, in West Village nea...
Urban Tea, Inc. Announces Pricing of $6.0 Million Ordinary Share Registered Direct Offering
CHANGSHA, China, July 30, 2020 /PRNewswire/ -- Urban Tea, Inc. ("Urban Tea" or the "Company") (NASDAQ: MYT), a premier retailer of specialty teas and baked goods headquartered inHunan, China, announced today that it has entered into a securities purchase agreement with certain accredited investor...
Urban Tea, Inc. Announces Pricing of $5.0 Million Ordinary Share Registered Direct Offering
CHANGSHA, China, June 25, 2020 /PRNewswire/ -- Urban Tea, Inc. ("Urban Tea" or the "Company") (NASDAQ: MYT), a premier retailer of specialty teas and baked goods headquartered inHunan, China, announced today that it has entered into a securities purchase agreement with certain accredited investor...
Urban Tea Expects Opening of First Overseas Tea House in New York in the Summer
CHANGSHA, China, June 24, 2020 /PRNewswire/ -- Urban Tea Inc. (the "Company," "we" or "Urban Tea") (NASDAQ: MYT), a premier retailer of specialty teas and baked goods headquartered inHunan, China, announced today that the Company has made significant progress in the renovation of its first overse...
Urban Tea Receives Regulatory Approval to Seek Franchisees for Business Expansion Throughout China
CHANGSHA, China, June 8, 2020 /PRNewswire/ -- Urban Tea Inc. (the "Company", "we" or "Urban Tea") (NASDAQ: MYT), a premier retailer of specialty teas and baked goods based inHunan, China, today announced that we received the approval from the Commercial Franchise Enterprise Administration onM...
Urban Tea Announces its Plan to Open First Store in New York
CHANGSHA, China, Nov. 13, 2019 /PRNewswire/ -- Urban Tea Inc. (the "Company", "we" or "Urban Tea") (NASDAQ: MYT), a premier retailer of specialty teas and baked goods based inHunan, China, announced today that the Company is in the process of opening its first store inNew York and is expected to ...
Urban Tea Regains Compliance with NASDAQ Minimum Stockholders' Equity Requirement
CHANGSHA, China, Nov. 11, 2019 /PRNewswire/ -- Urban Tea, Inc. (NasdaqCM: MYT) (the "Company", "we" or "Urban Tea"), a premier retailer of specialty teas and baked goods based inHunan, China, announced today that it has regained compliance with Nasdaq's minimum stockholders' equity requirements. ...
Urban Tea Completes Acquisition of 51% Equity Interest in Hunan 39 Pu Tea Co., Ltd.
CHANGSHA, China, Nov. 7, 2019 /PRNewswire/ -- Urban Tea Inc. (the "Company", "we" or "Urban Tea") (NASDAQ: MYT), a premier retailer of specialty teas and baked goods based inHunan, China, announced today that it has completed the acquisition of 51% equity interest inHunan 39 Pu Tea Co., Ltd. ("39...
Urban Tea Inc. Reports Fiscal Year 2019 Financial Results
CHANGSHA, China, Oct. 28, 2019 /PRNewswire/ -- Urban Tea Inc. (the "Company," " we" or "Urban Tea") (NASDAQ: MYT), a premier retailer of specialty teas and baked goods based inHunan, China, today announced its financial results for the fiscal year endedJune 30, 2019. Ms. Kan Lu, Chief Financial O...
