DDC ENTERPRISE LTD Stock Price, News & Analysis

DDC Enterprise (NYSEAM: DDC), a leading multi-brand Asian consumer food company, announced a 1:25 reverse stock split following trading halt due to share price falling below $0.10. The split will take effect on April 21, 2025, reducing outstanding shares from 79 million to 3.2 million.

The company revealed that 80% of its 2024 revenue came from China's domestic market, with US contributing 20%. A new Joint Venture in China is expected to generate $15 million in net profit over 5 years. CEO Norma Chu plans to increase her stake by subscribing to 10 million additional pre-split shares.

DDC also announced plans to diversify corporate reserves through Bitcoin injection at $0.50 per share (pre-split), with additional injections planned at more favorable prices. The company emphasizes its insulation from US-China trade tensions due to its China-centric model and Southeast Asian export focus.

DDC Enterprise (NYSEAM: DDC) has announced a binding agreement to form a joint venture with Hewen Agricultural Technology to scale ready-to-eat (RTE) meal solutions in Mainland China. The partnership combines DDC's innovative brands with Hewen's production expertise to serve e-commerce platforms, restaurant chains, and direct-to-consumer brands.

Key highlights of the deal:

• Hewen commits to generating USD 15 million in profits for the JV over the next five years
• Annual profit target of RMB 20 million (USD 3 million) starting 2025 for 4 years
• Annual dividends will be distributed to shareholders based on ownership ratio
• The JV will become one of DDC's consolidated subsidiaries
• DDC will grant Hewen restricted shares, unlocked based on profit achievement over 5 years

DDC Enterprise (NYSEAM: DDC) has announced a strategic initiative to establish Bitcoin reserves through a planned injection of up to 100 BTC from an investor group. The investment will be made in exchange for DDC Class A Ordinary shares priced between $0.50 to $1.25 per share, representing a 100% to 400% premium over recent trading levels.

The implementation will occur over approximately 3 months, with the first 25 BTC injection scheduled at initial closing. The total Bitcoin contribution is valued at approximately $8-8.5 million based on current prices. Issued shares will be subject to a minimum 180-day lock-up period and performance milestones.

Additionally, DDC has appointed Alex Yang, CEO of Volmart and an experienced crypto asset expert, as Strategic Advisor. Yang brings extensive experience from his roles in digital assets trading and blockchain services.

DDC Enterprise (NYSEAM: DDC) announced that Chairwoman and CEO Norma Chu has completed a 10,000,000 share subscription, alongside a new investor, bringing $2,278,080 in total new funds to the company. Chu also plans to purchase up to 10% of DDC's outstanding shares in the open market.

The company provided preliminary 2024 financial guidance, anticipating record revenue in its first full year as a NYSE:AM listed company with expected gross revenue between $34-$40 million and gross margins of 23.5-27%. Cash and equivalents are estimated at $26.2 million as of December 31, 2024.

Additionally, DDC announced it has regained full compliance with NYSE continued listing standards on February 14, 2025, resolving the deficiency referenced in a NYSE letter dated April 23, 2024.

DDC Enterprise (NYSEAM: DDC), a leading multi-brand Asian consumer food company, has released its preliminary financial guidance for 2024. The company expects to achieve record revenue in its first full year as a NYSE:AM listed company, projecting gross revenue between $34-$40 million with gross margins of 23.5-27%.

The company's Adjusted EBITDA for 2024 is anticipated to remain consistent with amounts reported as of June 30, 2024. Cash, cash equivalents, and short-term investments are estimated at $26.2 million as of December 31, 2024.

Additionally, DDC announced on February 14, 2025, that it has regained compliance with NYSE continued listing standards, resolving the listing deficiency referenced in a NYSE letter dated April 23, 2024.

DDC Enterprise (NYSE:DDC) has successfully regained compliance with NYSE continued listing standards, resolving the deficiency cited in Section 1003(a)(i) from April 23, 2024. The company has significantly improved its stockholder's equity through strategic debt conversions and capital raises.

According to unaudited first half 2024 results, DDC achieved notable financial improvements:

• Reduced debt by $5.6 million through debt-to-equity conversion
• Increased shareholder equity by 109% to $19.7 million compared to December 31, 2023
• Grew total revenue by 40% to $17.2 million year-over-year

DDC Enterprise (NYSEAM: DDC), a leading multi-brand Asian consumer food company, has announced the completion and filing of its 2023 Annual Report Form 20-F with the SEC. The company is now current with its SEC financial filing requirements and no longer considered a late filer under NYSE rules.

The company's CEO, Norma Chu, highlighted this as a critical reporting milestone, noting that DDC has strengthened its accounting and finance staff in 2024. However, the audited financial statements included a going concern qualification in the audit opinion, as disclosed under NYSE American Company Guidelines Sections 401(h) and 610(b).

The audit opinion contains an explanatory paragraph regarding DDC's ability to continue as a going concern. Shareholders can access the complete audited financial statements through the company's website at ir.daydaycook.com or request a hard copy free of charge.

DDC Enterprise (NYSEAM: DDC) has appointed George Lai as an independent member of its Board of Directors, replacing Ms. Wei Qiao who resigned on November 30, 2024. Lai will serve on all Board Committees and chair the Audit Committee as the designated financial expert.

Lai brings significant financial expertise as the current CFO of The9 (NASDAQ: NCTY) since 2008 and board member since 2016, where he oversees Bitcoin mining operations and financial management. He also serves as an independent director at Qingdao Port International. His previous experience includes eight years at Deloitte Touche Tohmatsu, working in Hong Kong, New York, and Beijing offices, where he participated in numerous IPO projects and assisted public companies with accounting matters.

DDC Enterprise (NYSEAM: DDC) has received an extension from NYSE Regulation until February 4, 2025 to file its 2023 annual report (Form 20-F) with the SEC. The company must meet interim milestones during this period, and failure to comply could result in accelerated trading suspension. NYSE will monitor DDC's progress closely, and lack of progress in becoming current with SEC filings during the plan period could trigger delisting procedures.