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Kaixin Auto Holdings (KXIN)

NasdaqCM - NasdaqCM Real Time Price. Currency in USD
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2.1735+0.0235 (+1.09%)
At close: 03:59PM EDT
2.0700 -0.10 (-4.76%)
After hours: 07:54PM EDT
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  • GlobeNewswire

    Six Strengths of WM Motor that Attracted Kaixin Auto Holdings to the Proposed Acquisition

    BEIJING, Sept. 20, 2023 (GLOBE NEWSWIRE) -- Kaixin Auto Holdings ("Kaixin" or the "Company") (NASDAQ: KXIN) today announced that it had identified several noteworthy strengths in WM Motor Holdings Limited ("WM Motor") that attracted the Company to the proposed acquisition. On September 11, Kaixin announced the non-binding acquisition term sheet with WM Motor to acquire 100% of equity of WM Motor. As a pioneer in bringing innovative smart EV technologies to China’s mainstream auto market, WM Moto

  • GlobeNewswire

    Kaixin Auto Holdings Announces Share Consolidation

    BEIJING, Sept. 14, 2023 (GLOBE NEWSWIRE) -- Kaixin Auto Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN) today announced that it will effect a share consolidation of its ordinary shares at a ratio of 1-for-15, effective as of 5:00 p.m. Eastern Time on September 14, 2023 (the “Share Consolidation”). The Company’s ordinary shares are expected to begin trading on a post-consolidation basis at the opening of trading on September 15, 2023. Upon the market opening on September 15, 2023, the Company

  • GlobeNewswire

    Kaixin Auto Holdings Announces Non-Binding Acquisition Term Sheet with WM Motor

    BEIJING, Sept. 11, 2023 (GLOBE NEWSWIRE) -- Kaixin Auto Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN) today announced that the Company has signed a non-binding acquisition term sheet with WM Motor Holdings Limited ("WM Motor"), planning to issue a certain number of new shares to acquire 100% of equity of WM Motor held by its current shareholders. Founded in late 2015, WM Motor is a smart new energy vehicle company in China with full capabilities in product design, R&D (both hardware and so