Ku6 Media Co. Ltd (KUTV) 1.02 $KUTV
Ku6 Media Co., Ltd. Announces Shareholders' Approval of the Merger Agreement
PR Newswire - Fri Jul 08, 5:00AM CDT
Ku6 Media Co., Ltd. ("Ku6 Media" or the "Company," NASDAQ: KUTV), a leading internet video company focused on User Generated Content in China, announced today that, at an extraordinary general meeting held today, the Company's shareholders voted in favor of the proposal to authorize and approve the previously announced Agreement and Plan of Merger (the "Merger Agreement"
dated as of April 5, 2016, among the Company, Shanda Investment Holdings Limited ("Parent" and Ku6 Acquisition Company Limited, a wholly owned subsidiary of Parent ("Merger Sub" , pursuant to which Merger Sub will be merged with and into the Company with the Company continuing as the surviving company (the "Merger" and to authorize and approve any and all transactions contemplated by the Merger Agreement, including the Merger.
KUTV: 1.02 (unch)
Ku6 Media Co., Ltd. Announces Extraordinary General Meeting of Shareholders
PR Newswire - Wed Jun 08, 6:13AM CDT
Ku6 Media Co., Ltd. ("Ku6 Media" or the "Company," NASDAQ: KUTV), a leading internet video company focused on User Generated Content in China, announced today that it has called an extraordinary general meeting of shareholders (the "EGM" , to be held on July 8, 2016 at 10:00 a.m. (Hong Kong time). The meeting will be held at the offices of Davis Polk & Wardwell, The Hong Kong Club Building, 3A Chater Road, Central, Hong Kong, to consider and vote on, among other things, the proposal to authorize and approve the previously announced Agreement and Plan of Merger (the "Merger Agreement" dated as of April 5, 2016, among the Company, Shanda Investment Holdings Limited ("Parent" and Ku6 Acquisition Company Limited, a wholly owned subsidiary of Parent ("Merger Sub" , the plan of merger required to be filed with the Registrar of Companies of the Cayman Islands, substantially in the form attached as Annex A to the Merger Agreement (the "Plan of Merger" , and the transactions contemplated thereby, including the Merger (as defined below).
KUTV: 1.02 (unch)
NASDAQ Grants Ku6 Media's Request for Temporary Exception to Listing Rules
PR Newswire - Thu Apr 14, 5:00AM CDT
Ku6 Media Co., Ltd. ("Ku6 Media" or the "Company," NASDAQ: KUTV), a leading internet video company focused on User Generated Content in China, today announced that on April 13, 2016, the Company was notified by The NASDAQ Stock Market LLC ("NASDAQ" that the hearings panel of NASDAQ (the "Hearing Panel" had granted the Company's request for a temporary exception to the listing rules, and the Company will continue its listing on the NASDAQ Global Market, subject to the condition that on or before July 13, 2016, the Company must have completed the previously announced "going private" transaction with its controlling shareholder, and taken steps to delist the Company's American depositary shares ("ADSs" from the NASDAQ Global Market. The Company is required to promptly inform the Hearing Panel of any material event that may delay the closing of the going private transaction, and the Hearing Panel may reconsider the terms of the exception based on any event, condition or circumstance that exists or develops. There can be no assurance that the Company will be able to comply with the conditions of the exception.
KUTV: 1.02 (unch)
Ku6 Media Co., Ltd. Enters into Definitive Merger Agreement For Going Private Transaction
PR Newswire - Tue Apr 05, 5:00AM CDT
Ku6 Media Co., Ltd. ("Ku6 Media" or the "Company," NASDAQ: KUTV), a leading internet video company in China focused on User Generated Content, today announced that it had entered into a definitive Agreement and Plan of Merger (the "Agreement" with Shanda Investment Holdings Limited ("Parent" and Ku6 Acquisition Company Limited, a wholly-owned subsidiary of Parent ("Merger Sub" .
KUTV: 1.02 (unch)
Ku6 Media Announces Retention of Special Committee Legal Counsel and Financial Advisor
PR Newswire - Fri Feb 05, 7:30AM CST
Ku6 Media Co., Ltd. ("Ku6 Media" or the "Company," NASDAQ: KUTV), a leading internet video company focused on User Generated Content in China, today announced that in response to the preliminary non-binding proposal letter dated February 1, 2016 (the "Proposal" received by the Company's Board of Directors (the "Board" from Shanda Interactive Entertainment Limited, the controlling shareholder of the Company (the "Proposing Buyer" , to acquire the Company in a "going private" transaction, the special committee (the "Special Committee" of independent directors has selected Weil, Gotshal & Manges LLP as its U.S. legal counsel and Duff & Phelps, LLC and Duff & Phelps Securities, LLC (together, "Duff & Phelps" as its financial advisor to assist it in its evaluation.
KUTV: 1.02 (unch)
Ku6 Media Announces Receipt of Non-Binding Proposal to Acquire the Company
PR Newswire - Mon Feb 01, 5:00AM CST
Ku6 Media Co., Ltd. ("Ku6 Media" or the "Company," NASDAQ: KUTV), a leading internet video company focused on User Generated Content in China, today announced that its Board of Directors (the "Board" has received a preliminary non-binding proposal letter dated February 1, 2016 (the "Proposal" from Shanda Interactive Entertainment Limited, the controlling shareholder of the Company (the "Proposing Buyer" . According to the Proposal, the Proposing Buyer proposed to acquire the Company in a "going private" transaction for US$0.0108 per ordinary share, or US$1.08 per American depositary shares (each representing 100 ordinary shares) (each an "ADS" . Based on the offer price, the Proposal values the Company at approximately US$51.5 million in fully enlarged equity value. According to the Proposal, the offer price represents a premium of 54% over the closing price of the Company's ADSs on January 29, 2016, a premium of 42% over the average closing price of its ADSs during the last 30 trading days and a premium of 52% over the average closing price of its ADSs during the last 60 trading days.
KUTV: 1.02 (unch)
Ku6 Media Signed Strategic Cooperative Agreement with 720Yun.com; Launched Cooperative Virtual Reality Community
PR Newswire - Wed Jan 27, 5:00AM CST
Ku6 Media Co., Ltd. ("Ku6 Media" or the "Company," NASDAQ: KUTV), a leading internet video company focused on User Generated Content ("UGC" in China via its website www.ku6.com, today announced that the Company has entered into a strategic cooperation agreement (the "Agreement" with 720Yun.com to enhance the Company's virtual reality ("VR" strategy previous announced. The company recently launched a cooperative VR community at the following website: http://www.ku6.com/c2015/720yun/.
KUTV: 1.02 (unch)
Ku6 Media Reports Unaudited Financial Results For the Fourth Quarter and Full Year of Fiscal Year 2015
PR Newswire - Thu Jan 21, 5:00AM CST
Ku6 Media Co., Ltd. ("Ku6 Media" or the "Company," NASDAQ: KUTV), a leading internet video company focused on User Generated Content ("UGC" in China, today announced its unaudited financial results for the fourth quarter and year ended December 31, 2015.
KUTV: 1.02 (unch)
Ku6 Media to Report Third Quarter 2015 Financial Results on November 20, 2015
PR Newswire - Thu Nov 12, 5:00AM CST
Ku6 Media Co., Ltd., (NASDAQ: KUTV) ("Ku6" or the "Company" , a leading Internet video company in China focused on User Generated Content ("UGC" , will announce its unaudited financial results for the third quarter 2015 on Friday, November 20, 2015, before the opening of the U.S. markets.
KUTV: 1.02 (unch)
Ku6 Media Press Conference For New Business Launching
PR Newswire - Tue Sep 29, 5:00AM CDT
Ku6 Media Co., Ltd. ("Ku6 Media" or the "Company," NASDAQ: KUTV), a leading internet video company focusing on User Generated Content ("UGC" in China, today announced that it had held a press conference to launch a new business of video social communication to be known as "Model Interactive Community".
KUTV: 1.02 (unch)
Ku6 Media Reports Unaudited Financial Results For the Second Quarter of Fiscal Year 2015
PR Newswire - Fri Sep 18, 5:00AM CDT
Ku6 Media Co., Ltd. ("Ku6 Media" or the "Company," NASDAQ: KUTV), a leading internet video company focused on User Generated Content ("UGC" in China, today announced unaudited financial results for the second quarter of fiscal year 2015, ended June 30, 2015.
KUTV: 1.02 (unch)
Ku6 Media to Report Second Quarter 2015 Financial Results on September 18, 2015
PR Newswire - Mon Sep 14, 5:00AM CDT
Ku6 Media Co., Ltd., (NASDAQ: KUTV) ("Ku6" or the "Company" , a leading Internet video company in China focused on User Generated Content ("UGC" , will announce its unaudited financial results for the second quarter 2015 on Friday, September 18, 2015, before the opening of the U.S. markets.
KUTV: 1.02 (unch)
Ku6 Media Receives Non-Compliance Notice from Nasdaq
PR Newswire - Wed Aug 19, 5:00AM CDT
Ku6 Media Co., Ltd. (the "Company," NASDAQ: KUTV) today announced that on August 18, 2015, the Company received a letter from The NASDAQ Stock Market LLC ("NASDAQ" notifying it that for the prior 30 consecutive business days, the Company's listed securities failed to maintain a minimum bid price of US$1 per share. Consequently, the Company failed to comply with the requirement for continued listing pursuant to NASDAQ Listing Rule 5450(a)(1) (the "MBP Rule" .
KUTV: 1.02 (unch)
How has the Current China Crisis Impacted US Chinese Stocks?
Brian Wu - Amigobulls - Mon Jul 27, 10:26AM CDT
A week back, the crisis that hit the Chinese market about a month ago seems to have subsided. Which Chinese stocks fared better than others?
SINA: 54.73 (+0.85), BIDU: 163.23 (+3.63), XNET: 5.88 (+0.33), YOKU: 27.54 (unch), GOOGL: 800.94 (+9.60), KUTV: 1.02 (unch), GOOG: 772.88 (+4.09), BABA: 84.34 (+1.86)
Ku6 Media Reports Unaudited Financial Results For the First Quarter of Fiscal Year 2015
PR Newswire - Fri Jun 12, 5:00AM CDT
Ku6 Media Co., Ltd.("Ku6 Media" or the "Company," NASDAQ: KUTV), a leading internet video company focused on User Generated Content ("UGC" in China, today announced unaudited financial results for the first quarter of fiscal year 2015, ended March 31, 2015.
KUTV: 1.02 (unch)
Ku6 Media to Report First Quarter 2015 Financial Results on June 12, 2015
PR Newswire - Mon Jun 08, 5:00AM CDT
Ku6 Media Co., Ltd., (NASDAQ: KUTV) ("Ku6" or the "Company" , a leading Internet video company in China focused on User Generated Content ("UGC" , will announce its unaudited financial results for the first quarter 2015 on Friday, June 12, 2015, before the opening of the U.S. markets.
KUTV: 1.02 (unch)
Ku6 Media Co., Ltd. Announces Shareholders' Approval of the Merger Agreement
PR Newswire - Fri Jul 08, 5:00AM CDT
Ku6 Media Co., Ltd. ("Ku6 Media" or the "Company," NASDAQ: KUTV), a leading internet video company focused on User Generated Content in China, announced today that, at an extraordinary general meeting held today, the Company's shareholders voted in favor of the proposal to authorize and approve the previously announced Agreement and Plan of Merger (the "Merger Agreement"
dated as of April 5, 2016, among the Company, Shanda Investment Holdings Limited ("Parent" and Ku6 Acquisition Company Limited, a wholly owned subsidiary of Parent ("Merger Sub" , pursuant to which Merger Sub will be merged with and into the Company with the Company continuing as the surviving company (the "Merger" and to authorize and approve any and all transactions contemplated by the Merger Agreement, including the Merger. KUTV: 1.02 (unch)
Ku6 Media Co., Ltd. Announces Extraordinary General Meeting of Shareholders
PR Newswire - Wed Jun 08, 6:13AM CDT
Ku6 Media Co., Ltd. ("Ku6 Media" or the "Company," NASDAQ: KUTV), a leading internet video company focused on User Generated Content in China, announced today that it has called an extraordinary general meeting of shareholders (the "EGM"
, to be held on July 8, 2016 at 10:00 a.m. (Hong Kong time). The meeting will be held at the offices of Davis Polk & Wardwell, The Hong Kong Club Building, 3A Chater Road, Central, Hong Kong, to consider and vote on, among other things, the proposal to authorize and approve the previously announced Agreement and Plan of Merger (the "Merger Agreement" dated as of April 5, 2016, among the Company, Shanda Investment Holdings Limited ("Parent" and Ku6 Acquisition Company Limited, a wholly owned subsidiary of Parent ("Merger Sub" , the plan of merger required to be filed with the Registrar of Companies of the Cayman Islands, substantially in the form attached as Annex A to the Merger Agreement (the "Plan of Merger" , and the transactions contemplated thereby, including the Merger (as defined below). KUTV: 1.02 (unch)
NASDAQ Grants Ku6 Media's Request for Temporary Exception to Listing Rules
PR Newswire - Thu Apr 14, 5:00AM CDT
Ku6 Media Co., Ltd. ("Ku6 Media" or the "Company," NASDAQ: KUTV), a leading internet video company focused on User Generated Content in China, today announced that on April 13, 2016, the Company was notified by The NASDAQ Stock Market LLC ("NASDAQ"
that the hearings panel of NASDAQ (the "Hearing Panel" had granted the Company's request for a temporary exception to the listing rules, and the Company will continue its listing on the NASDAQ Global Market, subject to the condition that on or before July 13, 2016, the Company must have completed the previously announced "going private" transaction with its controlling shareholder, and taken steps to delist the Company's American depositary shares ("ADSs" from the NASDAQ Global Market. The Company is required to promptly inform the Hearing Panel of any material event that may delay the closing of the going private transaction, and the Hearing Panel may reconsider the terms of the exception based on any event, condition or circumstance that exists or develops. There can be no assurance that the Company will be able to comply with the conditions of the exception. KUTV: 1.02 (unch)
Ku6 Media Co., Ltd. Enters into Definitive Merger Agreement For Going Private Transaction
PR Newswire - Tue Apr 05, 5:00AM CDT
Ku6 Media Co., Ltd. ("Ku6 Media" or the "Company," NASDAQ: KUTV), a leading internet video company in China focused on User Generated Content, today announced that it had entered into a definitive Agreement and Plan of Merger (the "Agreement"
with Shanda Investment Holdings Limited ("Parent" and Ku6 Acquisition Company Limited, a wholly-owned subsidiary of Parent ("Merger Sub" . KUTV: 1.02 (unch)
Ku6 Media Announces Retention of Special Committee Legal Counsel and Financial Advisor
PR Newswire - Fri Feb 05, 7:30AM CST
Ku6 Media Co., Ltd. ("Ku6 Media" or the "Company," NASDAQ: KUTV), a leading internet video company focused on User Generated Content in China, today announced that in response to the preliminary non-binding proposal letter dated February 1, 2016 (the "Proposal"
received by the Company's Board of Directors (the "Board" from Shanda Interactive Entertainment Limited, the controlling shareholder of the Company (the "Proposing Buyer" , to acquire the Company in a "going private" transaction, the special committee (the "Special Committee" of independent directors has selected Weil, Gotshal & Manges LLP as its U.S. legal counsel and Duff & Phelps, LLC and Duff & Phelps Securities, LLC (together, "Duff & Phelps" as its financial advisor to assist it in its evaluation. KUTV: 1.02 (unch)
Ku6 Media Announces Receipt of Non-Binding Proposal to Acquire the Company
PR Newswire - Mon Feb 01, 5:00AM CST
Ku6 Media Co., Ltd. ("Ku6 Media" or the "Company," NASDAQ: KUTV), a leading internet video company focused on User Generated Content in China, today announced that its Board of Directors (the "Board"
has received a preliminary non-binding proposal letter dated February 1, 2016 (the "Proposal" from Shanda Interactive Entertainment Limited, the controlling shareholder of the Company (the "Proposing Buyer" . According to the Proposal, the Proposing Buyer proposed to acquire the Company in a "going private" transaction for US$0.0108 per ordinary share, or US$1.08 per American depositary shares (each representing 100 ordinary shares) (each an "ADS" . Based on the offer price, the Proposal values the Company at approximately US$51.5 million in fully enlarged equity value. According to the Proposal, the offer price represents a premium of 54% over the closing price of the Company's ADSs on January 29, 2016, a premium of 42% over the average closing price of its ADSs during the last 30 trading days and a premium of 52% over the average closing price of its ADSs during the last 60 trading days. KUTV: 1.02 (unch)
Ku6 Media Signed Strategic Cooperative Agreement with 720Yun.com; Launched Cooperative Virtual Reality Community
PR Newswire - Wed Jan 27, 5:00AM CST
Ku6 Media Co., Ltd. ("Ku6 Media" or the "Company," NASDAQ: KUTV), a leading internet video company focused on User Generated Content ("UGC"
in China via its website www.ku6.com, today announced that the Company has entered into a strategic cooperation agreement (the "Agreement" with 720Yun.com to enhance the Company's virtual reality ("VR" strategy previous announced. The company recently launched a cooperative VR community at the following website: http://www.ku6.com/c2015/720yun/. KUTV: 1.02 (unch)
Ku6 Media Reports Unaudited Financial Results For the Fourth Quarter and Full Year of Fiscal Year 2015
PR Newswire - Thu Jan 21, 5:00AM CST
Ku6 Media Co., Ltd. ("Ku6 Media" or the "Company," NASDAQ: KUTV), a leading internet video company focused on User Generated Content ("UGC"
in China, today announced its unaudited financial results for the fourth quarter and year ended December 31, 2015. KUTV: 1.02 (unch)
Ku6 Media to Report Third Quarter 2015 Financial Results on November 20, 2015
PR Newswire - Thu Nov 12, 5:00AM CST
Ku6 Media Co., Ltd., (NASDAQ: KUTV) ("Ku6" or the "Company"
, a leading Internet video company in China focused on User Generated Content ("UGC" , will announce its unaudited financial results for the third quarter 2015 on Friday, November 20, 2015, before the opening of the U.S. markets. KUTV: 1.02 (unch)
Ku6 Media Press Conference For New Business Launching
PR Newswire - Tue Sep 29, 5:00AM CDT
Ku6 Media Co., Ltd. ("Ku6 Media" or the "Company," NASDAQ: KUTV), a leading internet video company focusing on User Generated Content ("UGC"
in China, today announced that it had held a press conference to launch a new business of video social communication to be known as "Model Interactive Community". KUTV: 1.02 (unch)
Ku6 Media Reports Unaudited Financial Results For the Second Quarter of Fiscal Year 2015
PR Newswire - Fri Sep 18, 5:00AM CDT
Ku6 Media Co., Ltd. ("Ku6 Media" or the "Company," NASDAQ: KUTV), a leading internet video company focused on User Generated Content ("UGC"
in China, today announced unaudited financial results for the second quarter of fiscal year 2015, ended June 30, 2015. KUTV: 1.02 (unch)
Ku6 Media to Report Second Quarter 2015 Financial Results on September 18, 2015
PR Newswire - Mon Sep 14, 5:00AM CDT
Ku6 Media Co., Ltd., (NASDAQ: KUTV) ("Ku6" or the "Company"
, a leading Internet video company in China focused on User Generated Content ("UGC" , will announce its unaudited financial results for the second quarter 2015 on Friday, September 18, 2015, before the opening of the U.S. markets. KUTV: 1.02 (unch)
Ku6 Media Receives Non-Compliance Notice from Nasdaq
PR Newswire - Wed Aug 19, 5:00AM CDT
Ku6 Media Co., Ltd. (the "Company," NASDAQ: KUTV) today announced that on August 18, 2015, the Company received a letter from The NASDAQ Stock Market LLC ("NASDAQ"
notifying it that for the prior 30 consecutive business days, the Company's listed securities failed to maintain a minimum bid price of US$1 per share. Consequently, the Company failed to comply with the requirement for continued listing pursuant to NASDAQ Listing Rule 5450(a)(1) (the "MBP Rule" . KUTV: 1.02 (unch)
How has the Current China Crisis Impacted US Chinese Stocks?
Brian Wu - Amigobulls - Mon Jul 27, 10:26AM CDT
A week back, the crisis that hit the Chinese market about a month ago seems to have subsided. Which Chinese stocks fared better than others?
SINA: 54.73 (+0.85), BIDU: 163.23 (+3.63), XNET: 5.88 (+0.33), YOKU: 27.54 (unch), GOOGL: 800.94 (+9.60), KUTV: 1.02 (unch), GOOG: 772.88 (+4.09), BABA: 84.34 (+1.86)
Ku6 Media Reports Unaudited Financial Results For the First Quarter of Fiscal Year 2015
PR Newswire - Fri Jun 12, 5:00AM CDT
Ku6 Media Co., Ltd.("Ku6 Media" or the "Company," NASDAQ: KUTV), a leading internet video company focused on User Generated Content ("UGC"
in China, today announced unaudited financial results for the first quarter of fiscal year 2015, ended March 31, 2015. KUTV: 1.02 (unch)
Ku6 Media to Report First Quarter 2015 Financial Results on June 12, 2015
PR Newswire - Mon Jun 08, 5:00AM CDT
Ku6 Media Co., Ltd., (NASDAQ: KUTV) ("Ku6" or the "Company"
, a leading Internet video company in China focused on User Generated Content ("UGC" , will announce its unaudited financial results for the first quarter 2015 on Friday, June 12, 2015, before the opening of the U.S. markets. KUTV: 1.02 (unch)
