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ANTE

ANTE US Stock
$4.15
Open: $4.88 High: $4.88 Low: $3.7 Close: $4.06
Range: 2021-03-02 - 2021-03-03
Volume: 1,258,652
Market: Extended-hours
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ANTE
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ANTE News
Latest news about the ANTE
  • AirNet Has Regained Compliance with Nasdaq's Minimum Market Value Requirement

    AirNet Technology Inc., formerly known as AirMedia Group Inc. ("AirNet" or the "Company") (Nasdaq: ANTE), an in-flight solution provider on connectivity, entertainment, and digital multimedia in China, today announced that it received a notification letter (the "Notification Letter on Compliance") from the Listing Qualifications Department of The Nasdaq Stock Market Inc. (the "Nasdaq") dated February 18, 2021, indicating that the Company has regained compliance with the minimum market value requirement set forth in Rule 5550(b)(2) of the Nasdaq Listing Rules (the "Minimum Market Value Requirement").

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  • How Much Of AirNet Technology Inc. (NASDAQ:ANTE) Do Insiders Own?

    If you want to know who really controls AirNet Technology Inc. ( NASDAQ:ANTE ), then you'll have to look at the makeup...

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  • AirNet Entered Into Investment Agreement With Northern Shore Group Ltd.

    AirNet Technology Inc., formerly known as AirMedia Group Inc. ("AirNet" or the "Company") (Nasdaq: ANTE), an in-flight solution provider on connectivity, entertainment, and digital multimedia in China, today announced that on February 4, 2021, it has entered into an investment agreement (the "Agreement") with Northern Shore Group Ltd. ("Northern Shore"), an unaffiliated party of the Company. Pursuant to the Agreement, the Company has agreed to issue 28,412,806 ordinary shares with a par value of US$0.001 per share (each a "Share"), or approximately 19 % of the Company's currently outstanding Shares, to Northern Shore, in exchange for the delivery and transfer from Northern Shore to the Company of either 401 A10 Pro or 1,200 588/580-8 computer servers specifically designed for mining cryptocurrencies depending upon availability prior to the closing date. The computer servers are valued at US$ 5,540,497.19, representing a per Share consideration of US$0.195, or US$1.95 per American depositary share of the Company (each representing ten Shares). The per ADS consideration represents a 20% discount to the average closing price of the Company's ADSs over the 20-trading day period ended on February 2, 2021 Eastern Time, two trading days prior to the date on which the Agreement was signed.

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  • AirNet Entered into Investment Agreement with Unistar Group Holdings Ltd.

    AirNet Technology Inc., formerly known as AirMedia Group Inc. ("AirNet" or the "Company") (Nasdaq: ANTE), an in-flight solution provider on connectivity, entertainment, and digital multimedia in China, today announced that on December 30, 2020, it has entered into an investment agreement (the "Agreement") with Unistar Group Holdings Ltd. ("Unistar"), an unaffiliated party of the Company. Pursuant to the Agreement, the Company has agreed to issue 23,876,308 ordinary shares with a par value of US$0.001 per share (each a "Share"), or approximately 19 % of the Company's currently outstanding ordinary shares, to Unistar, in exchange for the delivery and transfer by Unistar to the Company of 500 computer servers specifically designed for mining cryptocurrencies. The computer servers were valued at US$ 2,530,888.61, representing a per Share consideration of US$0.106, or US$1.06 per American depositary share of the Company (each representing ten Shares). The per ADS consideration represents a 20% discount to the average closing price of the Company's ADSs over the 20-trading day period ended on December 29, 2020, the last trading day prior to the date when the Agreement was signed.

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  • AirNet Receives Extension to Regain Compliance with Nasdaq's Minimum Stockholders' Equity Requirement

    AirNet Technology Inc., formerly known as AirMedia Group Inc. ("AirNet" or the "Company") (Nasdaq: ANTE), an in-flight solution provider on connectivity, entertainment, and digital multimedia in China, today announced that it received a notification letter dated November 25, 2020 (the "Notification Letter") from the Listing Qualifications Department of The Nasdaq Stock Market Inc. (the "Nasdaq"), notifying that it has been granted an extension to regain compliance with the minimum stockholders' equity requirement as set forth in Rule 5550(b)(1) of the Nasdaq Listing Rules (the "Rule") for continued listing.

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  • AirNet Has Regained Compliance with Nasdaq's Minimum Bid Price Requirement

    AirNet Technology Inc., formerly known as AirMedia Group Inc. ("AirNet" or the "Company") (Nasdaq: ANTE), an in-flight solution provider on connectivity, entertainment, and digital multimedia in China, today announced that it received a notification letter (the "Notification Letter on Compliance") from the Listing Qualifications Department of The Nasdaq Stock Market Inc. (the "Nasdaq") dated November 13, 2020, indicating that the Company has regained compliance with the minimum bid price requirement set forth in Rule 5550(a)(2) of the Nasdaq Listing Rules (the "Minimum Bid Price Requirement").

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  • AirNet Entered into Equity Purchase Framework Agreement with BitGeek Information Technology Co., Ltd.

    AirNet Technology Inc., formerly known as AirMedia Group Inc. ("AirNet" or the "Company") (Nasdaq: ANTE), an in-flight solution provider on connectivity, entertainment, and digital multimedia in China, today announced that it has entered into an equity purchase framework agreement (the "Agreement") with BitGeek Information Technology Co., Ltd. ("BitGeek") and BitGeek's shareholders, independent third parties of the Company, to purchase 100% of the equity interests in BitGeek with an issuance of ordinary shares of the Company to BitGeek's shareholders. Details pertaining to the purchase will be further discussed and stipulated in a binding agreement among the parties after completion of the valuation of BitGeek.

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  • AirNet Announces Receipt of Deficiency Letter from Nasdaq

    AirNet Technology Inc., formerly known as AirMedia Group Inc. ("AirNet" or the "Company") (Nasdaq: ANTE), an in-flight solution provider on connectivity, entertainment, and digital multimedia in China, today announced that it received a notification letter dated September 16, 2020 (the "Deficiency Letter") from the Listing Qualifications Department of The Nasdaq Stock Market Inc. (the "Nasdaq") notifying that the Company is no longer in compliance with the Nasdaq Listing Rule 5550(b)(1) for continued listing due to its failure to maintain a minimum of $2.5 million in stockholders' equity. In the Company's Form 20-F for the fiscal year ended December 31, 2019, the Company reported a negative stockholders' equity of approximately $19 million. Nasdaq also determined that the Company does not meet the alternatives of market value of listed securities or net income from continuing operations for continued listing.

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  • AirNet Files Annual Report on Form 20-F

    AirNet Technology Inc., formerly known as AirMedia Group Inc. ("AirNet" or the "Company") (Nasdaq: ANTE), an in-flight solution provider on connectivity, entertainment, and digital multimedia in China, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2019 (the "annual report") with the U.S. Securities and Exchange Commission (the "SEC") on September 14, 2020. The annual report can be accessed on the SEC's website at http://www.sec.gov as well as through the Company's investor relations website at http://ir.ihangmei.com.

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  • AirNet Announces Capital Increase from Dragonpass Co., Ltd.

    AirNet Technology Inc., formerly known as AirMedia Group Inc. ("AirNet" or the "Company") (Nasdaq: ANTE), an in-flight solution provider on connectivity, entertainment, and digital multimedia in China, today announced that Dragonpass Co., Ltd. ("Dragonpass"), an independent third party, entered into a capital increase agreement (the "Agreement") with relevant parties to subscribe for 1.61% of the equity interests in one of the Company's subsidiaries providing media contents on airplanes for a consideration of RMB 10,000,000. The Agreement further stated that the committed subscription of equity would be the initial installment of an intended aggregate investment of RMB 30,000,000, of which the terms of the next installment of RMB 20,000,000 would be pending for further negotiations.

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  • AirNet Announces Adoption of a Shareholder Rights Plan

    AirNet Technology Inc., formerly known as AirMedia Group Inc. ("AirNet" or the "Company") (Nasdaq: ANTE), an in-flight solution provider on connectivity, entertainment, and digital multimedia in China, today announced that its board of directors (the "Board") has adopted a shareholder rights plan. Pursuant to the plan, the Company will issue one right (a "Right") with respect to each outstanding ordinary share of the Company of a par value of US$0.001 each (the "Ordinary Shares"), held of record at the close of business on August 24, 2020.

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  • AirNet Announces Receipt of Notice From Nasdaq on Tolling of Minimum Bid Price Compliance Period

    AirNet Technology Inc., formerly known as AirMedia Group Inc. ("AirNet" or the "Company") (Nasdaq: ANTE), an in-flight solution provider on connectivity, entertainment, and digital multimedia in China, today announced that it received a notification letter (the "Notice") from the Listing Qualifications Department of The Nasdaq Stock Market Inc. ("Nasdaq") dated on April 17, 2020 stating Nasdaq's determination to toll the compliance periods for bid price and market value of publicly held shares requirements (collectively, the "Price-based Requirements") through June 30, 2020. The Notice further stated that on April 16, 2020, Nasdaq filed an immediately effective rule change with the Securities and Exchange Commission to toll the compliance periods for the Price-based Requirements .

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  • AirNet Announces Receipt of Minimum Bid Price Notice From NASDAQ

    AirNet Technology Inc., formerly known as AirMedia Group Inc. ("AirNet" or the "Company") (Nasdaq: ANTE), an in-flight solution provider on connectivity, entertainment, and digital multimedia in China, today announced that it received a notification letter (the "Notice") from the Listing Qualifications Department of The Nasdaq Stock Market Inc. ("Nasdaq") dated on March 30, 2020 indicating that the Company is no longer in compliance with the minimum bid price requirement set forth in Rule 5550(a)(2) of the Nasdaq Listing Rules as the Company's closing bid price per American depositary share ("ADS"), each representing ten ordinary shares of the Company, has been below $1.00 for a period of 30 consecutive business days. The Nasdaq notification letter does not result in the immediate delisting of the Company's securities.

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