Infobird Co., Ltd (IFBD)

HONG KONG , May 23, 2024 /PRNewswire/ -- Infobird Co., Ltd (NASDAQ: IFBD) ("Infobird" or the "Company"), a software-as-a-service provider of AI-powered customer engagement solutions in China, today reports that as of May 16, 2024, it is delinquent in filing its annual report on Form 20-F for the fiscal year ended December 31, 2023 (the "2023 Form 20-F") with the U.S. Securities and Exchange Commission (the "SEC"). The Company previously filed a Form 12b-25 with the SEC on April 29, 2024 for the late filing of the 2023 Form 20-F, pursuant to which the 2023 Form 20-F was due to be filed by May 15, 2024.

J-Long Group (JL) and Infobird (IFBD) stock prices surged hard on Wednesday as their popularity among meme investors rose. JL jumped by more than 26% on Tuesday followed by 12% in the premarket session.

Infobird (NASDAQ: IFBD ) stock is rising higher on Wednesday as the software-as-a-service (SaaS) and artificial intelligence ( AI ) company experiences heavy trading this morning. That heavy trading has resulted in more than 3.8 million shares of the company's stock being traded as of this writing.

Infobird (NASDAQ: IFBD ) stock is flying higher on Tuesday after the software-as-a-service (SaaS) company announced a delay to a reverse stock split. Infobird says that it now plans for a reverse stock split to go into effect when markets open on Monday.

HONG KONG , Feb. 26, 2024 /PRNewswire/ -- Infobird Co., Ltd (NASDAQ: IFBD) ("Infobird" or the "Company"), a software-as-a-service provider of innovative AI-powered, or artificial intelligence enabled, customer engagement solutions, today announced that the Company is amending the effective date for its reverse stock split to Monday March 4, 2024 to begin trading on a split-adjusted basis when the market opens, due to an unanticipated delay in obtaining necessary regulatory clearances. Previously, the Company had planned for its reverse split to become effective after the close of business on Monday, February 26, 2024, and had expected the ordinary shares to begin trading on a split-adjusted basis when the market opened the following day, Tuesday, February 27, 2024.

HONG KONG , Feb. 20, 2024 /PRNewswire/ -- Infobird Co., Ltd (NASDAQ: IFBD) ("Infobird" or the "Company"), a software-as-a-service provider of innovative AI-powered, or artificial intelligence enabled, customer engagement solutions, today announced that the extraordinary general meetings of the shareholders held on February 20, 2024, at Room 706, 7/F, Low Block, Grand Millennium Plaza, 181 Queen's Road Central, Central, Hong Kong, approved the proposed 1-for-8 share consolidation of its ordinary shares of US$0.5 par value each (the "Share Consolidation") as well as capital reduction and share capital reorganization (the "Capital Reduction and Reorganization"). Beginning with the opening of trading on February 27, 2024, the Company's ordinary shares will begin trading on a post-Share Consolidation basis on the Nasdaq Capital Market under the same symbol "IFBD", but under a new CUSIP number of G47724300.

HONG KONG , Feb. 16, 2024 /PRNewswire/ -- Infobird Co., Ltd (NASDAQ: IFBD) ("Infobird" or the "Company"), a software-as-a-service provider of AI-powered customer engagement solutions in China, today announced that there will be no financing plan in the next three months. Our management team would appreciate for potential investors continued attention and interest to the Company, and we have raised some operating funds in previous financing activities will help us better expand our business.

Infobird (NASDAQ: IFBD ) stock is falling on Thursday after the customer engagement solutions company announced details of an upcoming extraordinary general shareholder meeting. Infobird will hold this shareholder meeting on Feb.19, 2024.

Infobird (NASDAQ: IFBD ) stock is rising higher on Tuesday after the company announced it has signed a new cooperation agreement with an unnamed company. According to a press release from Infobird, this will see it develop software for an information technology system to be used by the company.

HONG KONG , Dec. 18, 2023 /PRNewswire/ -- Infobird Co., Ltd (NASDAQ: IFBD) ("Infobird" or the "Company"), a software-as-a-service provider of AI-powered customer engagement solutions in China, today announced that a new business cooperation in software development of information technology system has been signed. Recently, Infobird Technologies Limited (hereinafter referred to as "Infobird HK") and a company signed a new business contract, aiming to cooperate in software and IT system development, with a total value of US$1.8 million.

HONG KONG , Dec. 7, 2023 /PRNewswire/ – Infobird Co., Ltd (NASDAQ: IFBD) ("Infobird" or the "Company"), a software-as-a-service provider of AI-powered customer engagement solutions in China, today announced that it received a notification letter (the "Notice") from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") on December 5, 2023 notifying the Company that it has regained compliance with the Nasdaq Capital Market's minimum bid price requirement and that the matter is now closed. On September 12, 2023, the Company was notified by Nasdaq of its failure to maintain a minimum closing bid price of at least $1.00 per share for 30 consecutive trading days under Nasdaq Listing Rules 5550(a)(2) and 5810(c)(3)(A), and was given 180 days, or until March 11, 2024, to regain compliance.

HONG KONG , Nov. 16, 2023 /PRNewswire/ -- Infobird Co., Ltd (NASDAQ: IFBD) ("Infobird" or the "Company"), a software-as-a-service provider of innovative AI-powered, or artificial intelligence enabled, customer engagement solutions, today announced that the annual general meetings of the shareholders held on Wednesday, November 15, 2023, at Unit 532A, 5/F, Core Building 2, No. 1 Science Park West Avenue, Hong Kong Science Park, Tai Po, N.T.

HONG KONG , Sept. 18, 2023 /PRNewswire/ -- Infobird Co., Ltd (NASDAQ: IFBD) ("Infobird" or the "Company"), a software-as-a-service provider of innovative AI-powered, or artificial intelligence enabled, customer engagement solutions, today announced that it received a delinquency notification letter (the "Notice") from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") on September 12, 2023 indicating that the Company is not currently in compliance with the minimum bid price requirement set forth in Nasdaq's Listing Rules for continued listing on the Nasdaq Capital Market, as the closing bid price for the Company's ordinary shares listed on the Nasdaq Capital Market was below $1.00 per share for 30 consecutive business days.

BEIJING , July 19, 2023 /PRNewswire/ -- Infobird Co., Ltd (Nasdaq: IFBD) ("Infobird" or the "Company"), a software-as-a-service provider of AI-powered customer engagement solutions in China, today announced its decision to relocate its operations from Beijing to the Hong Kong Special Administrative Region. This strategic move comes in response to the board of directors' judgement of current business situation and economic environment, as well as the Company's commitment to expand globally.

Infobird (NASDAQ: IFBD ) stock is gaining on Thursday even without any recent news from the software-as-a-service provider. Investors looking for information behind the IFBD stock rally today won't find much.

A 1-for-5 reverse split of Infobird (IFBD) went into effect. These are the details.