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STOCKGOODIES
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Posted On: 06/03/2021 12:49:09 PM
Post# of 25583
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Posted By: jmtimz
$GSMG Glory Star Restates its 2020 Financial Results
BEIJING, June 2, 2021 /PRNewswire/ -- Glory Star New Media Group Holdings Limited (NASDAQ: GSMG) ("Glory Star" or the "Company" , a leading digital media platform and content-driven e-commerce company in China, today announced that in response to a statement released by the U.S. Securities and Exchange Commission dated April 12th, 2021, the Company has restated its previously issued consolidated financial statements for the year ended December 31, 2020 to reflect the change in accounting treatment of the private placement warrants issued by the Company (the "Restatement" .

https://finance.yahoo.com/news/glory-star-res...00261.html

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