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Color Star Technology Co Ltd - ADD STOCK NEWS

Welcome to our dedicated news page for Color Star Technology Co (Ticker: ADD), a resource for investors and traders seeking the latest updates and insights on Color Star Technology Co.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Color Star Technology Co's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Color Star Technology Co's position in the market.

Rhea-AI Summary
Color Star Technology Co., Ltd. (Nasdaq: ADD) received a notification letter from Nasdaq regarding its non-compliance with the minimum bid price requirement. The company's Class A ordinary shares have been below $1.00 for 30 consecutive business days, triggering the notification. However, the notification has no immediate effect on the listing of the company’s ordinary shares on Nasdaq. Color Star has until May 13, 2024, to regain compliance, with the possibility of an additional 180-day extension if certain conditions are met.
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End-of-Day
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Rhea-AI Summary
Color Star Technology announces plans to release its first digital music album by its AI virtual band 'Vibrant Music Collective' in November 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-30.19%
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AI
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Rhea-AI Summary
Color Star Technology announces planned acquisition of Yi Ti Technology, a sports technology solutions provider. Yi Ti's annual revenue is growing, and they have been involved in major international sporting events. The acquisition will be a major step forward for Color Star in the field of sports technology.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.25%
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Rhea-AI Summary
Color Star Technology Co., Ltd. successfully concluded the Billkin and PP Krit fan meeting in the Philippines, receiving high praise from fans. Color Star plans to hold more meetups with the stars and cooperate with more international celebrities.
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Rhea-AI Sentiment
End-of-Day
-9.38%
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Rhea-AI Summary
Color Star Technology plans to acquire over 60% of shares of JingXiang (Australia), a company providing digital services for esports hotels. JingXiang offers a supercomputing platform, esports software as a service, and a central reservation system. The acquisition will allow Color Star to enter the esports industry with a new strategy. The transaction is subject to due diligence and the approval of the Company's Board of Directors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
15.18%
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Rhea-AI Summary
Color Star Technology Co., Ltd. is organizing the Billkin & PP Krit fan meeting in Manila on September 10th. Tickets are available for purchase and a high volume of tickets are being sold daily, generating healthy ticket and business revenue. Color Star aims to promote their brand and generate commercial revenues through the fan meeting and other events.
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Rhea-AI Sentiment
End-of-Day
-0.86%
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Rhea-AI Summary
Color Star Technology successfully concludes the Color World Cup - WBA World Tour, receiving praise for high-level boxing and electric atmosphere. The event attracted over 4 million viewers and plans to bring more premier sporting events to the Middle East.
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End-of-Day
-0.85%
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Rhea-AI Summary
The Color World Cup - WBA World Tour will take place in Dubai on August 26, 2023. The event has garnered worldwide attention and tickets sold quickly. Color Star Technology expects the event to improve brand awareness and commercial value. They have put a lot of effort into marketing and securing commercial partnerships to increase box office performance and generate profits.
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Rhea-AI Sentiment
End-of-Day
-3.08%
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Rhea-AI Impact
Rhea-AI Sentiment
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-1.56%
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Color Star Technology Co Ltd

Nasdaq:ADD

ADD Rankings

ADD Stock Data

5.26M
19.22M
11%
2.28%
0.96%
Other Crushed and Broken Stone Mining and Quarrying
Mining, Quarrying, and Oil and Gas Extraction
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United States
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