CooTek (Cayman) Inc. to Hold Annual General Meeting on December 17, 2020
Rhea-AI Summary
CooTek (Cayman) Inc. (NYSE: CTK) announced its annual general meeting of shareholders, scheduled for December 17, 2020, at 8:00 PM HKT in Shanghai. Attendees can join in person or virtually due to COVID-19 restrictions. The meeting will be an open forum with no proposals requiring shareholder approval. The record date for eligible shareholders is November 19, 2020. The company has filed its Annual Report for the fiscal year ended December 31, 2019, with the SEC, available on its website and the SEC’s site.
Positive
- The annual general meeting will provide an open forum for shareholders to discuss company affairs with management.
- The company is proactive in ensuring shareholder engagement despite COVID-19 restrictions.
Negative
- No proposals will be submitted for shareholder approval at the meeting, which may limit shareholder influence.
- The need for virtual attendance due to COVID-19 may decrease participation and engagement.
News Market Reaction – CTK
On the day this news was published, CTK gained 14.26%, reflecting a significant positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
SHANGHAI, Nov. 18, 2020 /PRNewswire/ -- CooTek (Cayman) Inc. ("CooTek" or the "Company") (NYSE: CTK), a fast-growing global mobile internet company, today announced that it will hold its annual general meeting of shareholders at 9F, Building T2, No.16, Lane 399, Xinlong Road, Shanghai, 201101, China on December 17, 2020 at 8:00 pm (HKT, local time). Due to the impacts of COVID-19 pandemic and the public health and travel restrictions, attendees unable to attend in person can join the meeting via virtual conference. To attend, please visit https://icaasia.zoom.us/webinar/register/WN_0LhLxq2ETGW59er0nulT3A,and the live webcast link will be emailed to members upon successful registration.
No proposal will be submitted for shareholder approval at the annual general meeting. Instead, the annual general meeting will serve as an open forum for shareholders and beneficial owners of the Company's American depositary shares ("ADSs") to discuss Company affairs with management.
The board of directors of the Company has fixed the close of business on November 19, 2020 as the record date (the "Record Date") for determining the shareholders entitled to receive notice of the annual general meeting or any adjournment or postponement thereof.
Holders of record of the Company's ordinary shares at the close of business on the Record Date are entitled to attend the annual general meeting and any adjournment or postponement thereof in person. Beneficial owners of the Company's ADSs are welcome to attend the annual general meeting in person.
The Company has filed its annual report on Form 20-F (the "Annual Report"), which includes the Company's audited financial statements for the fiscal year ended December 31, 2019, with the U.S. Securities and Exchange Commission (the "SEC"). The Company's Annual Report can be accessed on the investor relations section of its website at https://ir.cootek.com, as well as on the SEC's website at http://www.sec.gov/.
Holders of the Company's ordinary shares or ADSs may obtain a hard copy of the Annual Report free of charge by emailing Mr. Robert Cui, CooTek (Cayman) Inc., at ir@cootek.com or by writing to:
9F, T2 Building, NO.16, Lane 399, Xinlong Road
Shanghai 201101
People's Republic of China
Attention: Robert Cui
About CooTek (Cayman) Inc.
CooTek is a fast-growing mobile internet company with a global vision, offering mobile applications. Our mission is to empower everyone to enjoy relevant content seamlessly. The Company's user-centric and data-driven approach has enabled it to release appealing products to capture mobile internet users' ever-evolving content needs and helps it rapidly attract targeted users. CooTek has developed and brought to market content-rich mobile applications, focusing on three categories: online literature, scenario-based content apps and casual games.
Investor Relations Contacts
CooTek (Cayman) Inc.
Mr. Robert Cui
ir@cootek.com
Christensen
In China
Mr. Rene Vanguestaine
Phone: +86-10-5900-1548
E-mail: rvanguestaine@ChristensenIR.com
In U.S.
Ms. Linda Bergkamp
Phone: +1-480-614-3004
Email: lbergkamp@ChristensenIR.com
View original content:http://www.prnewswire.com/news-releases/cootek-cayman-inc-to-hold-annual-general-meeting-on-december-17-2020-301175834.html
SOURCE CooTek