GIBO Holdings Limited Transitions to Nasdaq Capital Market

GIBO Holdings Limited Shifts to Nasdaq Capital Market
GIBO Holdings Limited, known for its innovative AIGC animation streaming platform, has officially received the green light to transfer its Class A ordinary shares from the Nasdaq Global Market to the Nasdaq Capital Market. This significant step comes from the Nasdaq Listing Qualifications department of The Nasdaq Stock Market LLC.
Details of the Transfer Announcement
The transition will take effect at the start of business on a specified day in late October. Even with this change, the Class A ordinary shares will still trade under the symbol "GIBO." What's more, the warrants available for purchasing the Class A ordinary shares will continue to be traded on the Nasdaq Capital Market under the symbol "GIBOW." This seamless transition ensures that trading dynamics remain uninterrupted.
Understanding the Nasdaq Capital Market
The Nasdaq Capital Market functions similarly to the Nasdaq Global Market, which is reassuring for investors and shareholders of GIBO Holdings Limited. Since the operational methods and trading mechanisms align closely between the two markets, the influence on trading the Company's securities is anticipated to be minimal.
About GIBO Holdings Limited
GIBO Holdings Limited stands out as an integrated AIGC animation streaming platform that enriches the digital content landscape. Catered to a vibrant community of young creators and viewers across Asia, GIBO provides a platform where users can create, publish, share, and enjoy AI-generated animation video content. With an impressive user base of over 83 million and advanced tools powered by AI, GIBO is continuously working to reshape the future of digital content creation.
Commitment to Growth and Innovation
The Company emphasizes its dedication to enhancing its functionalities for both viewers and creators, fostering a dynamic environment for the exchange of creative ideas. Through ongoing innovation and adaptation to market demands, GIBO Holdings Limited aims to maintain its position as a leader in the animation streaming space.
Frequently Asked Questions
What is GIBO Holdings Limited?
GIBO Holdings Limited is a platform specializing in AIGC animation streaming, serving a large community of users.
What does the transfer to the Nasdaq Capital Market mean?
The transfer signifies a change in listing but will not impact the trading of GIBO's shares.
Will GIBO's stock symbol change after the transfer?
No, the stock symbol will remain "GIBO" even after the transition.
What advantage does GIBO have over competitors in the animation industry?
GIBO offers unique AI-generated content, extensive user functionalities, and a broad community engagement.
How many users does GIBO Holdings Limited have?
GIBO currently boasts a user base of over 83 million registered users.
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