Streetbeat News

ANTE

AirNet Technology Inc.

https://www.ir.airnetgroup.cn

Industry

Telecommunications Services

AirNet Technology Inc. operates out-of-home advertising platforms in the People's Republic of China. It operates through two segments, Cryptocurrency Mining and Air Travel Media Network. The company provides in-flight solutions to connectivity, entertainment, and digital multimedia; and in-flight entertainment and advertising contents, such as sports, comedies, local attractions, reality shows, commentaries, documentaries. It also offers advertising time slots in the form of digital TV screens on airplanes; and media contents display in air travel. In addition, the company operates CIBN-AirNet channel to broadcast network TV programs to air travelers. Further, it engages in cryptocurrency mining business. The company was formerly known as AirMedia Group Inc. AirNet Technology Inc. was founded in 2005 and is headquartered in Beijing, the People's Republic of China.

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Ainos, Inc. (NASDAQ:AIMD) shares surged 37.7% in pre-market trading after securing exclusive licenses for 10 patents from Taiwan Carbon Nano Technology. Other notable pre-market movers include LogicMark, Inc. (NASDAQ:LGMK) up 49% following a $4.5 million public offering, and Meta Materials Inc. (NASDAQ:MMAT) down 27.7% after filing for Chapter 7 bankruptcy.

Portfolio Pulse from Avi Kapoor

August 12, 2024 | 10:04 am

AirNet Technology shares were halted on a circuit breaker due to a significant drop, with the stock now down by 76.2%.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 3:02 pm

AirNet Technology shares were halted on a circuit breaker due to a significant drop, with the stock now down by 68.2%.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 2:54 pm

AirNet Technology Inc. (ANTE) has announced the termination of its share purchase agreement, as per an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2024 | 1:14 pm

The article highlights the pre-market movements of 12 communication services stocks on Monday. Notable gainers include Loop Media, Direct Digital Holdings, Collective Audience, Urban One, Grindr, and TuanChe. On the losing side, AirNet Technology, Asset Entities, AMC Networks, Gamer Pakistan, MultiMetaVerse Holdings, and GD Culture Group saw declines.

Portfolio Pulse from Benzinga Insights

June 17, 2024 | 12:07 pm

AirNet Technology has entered into a sales and purchase agreement with an unaffiliated third party to purchase 6,218 units of Bitcoin Miner S21 for RMB177.2 million.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2024 | 11:32 am

AirNet Technology has filed a mixed-securities shelf with the SEC, allowing it to issue various types of securities in the future. This strategic move could potentially provide the company with flexible financing options for growth, acquisitions, or other corporate activities.

Portfolio Pulse from Benzinga Newsdesk

May 10, 2024 | 8:12 pm

Airnet received a notification from NASDAQ's Listing Qualifications Department granting an extension to regain compliance for continued listing. This extension provides Airnet with additional time to meet NASDAQ's listing requirements.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 9:04 am

In Wednesday's after-market session, several Communication Services stocks experienced notable movements. Gainers included Chicken Soup for the Soul (CSSE), Phoenix New Media (FENG), Angi (ANGI), Leafly Holdings (LFLY), Society Pass (SOPA), and AirNet Technology (ANTE), with increases ranging from 2.4% to 5.0%. Conversely, Hanryu Holdings (HRYU), Global Mofy Metaverse (GMM), Ucloudlink Group (UCL), Weibo (WB), Fangdd Network Group (DUO), and Asset Entities (ASST) saw declines between 4.06% and 7.1%.

Portfolio Pulse from Benzinga Insights

March 27, 2024 | 8:31 pm

Airnet has regained compliance with Nasdaq's minimum bid price requirement as per a notification received on March 13, 2024, ensuring its continued listing on the exchange.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 8:12 am

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