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Near Intelligence Inc - $NIR STOCK NEWS

Welcome to our dedicated page for Near Intelligence news (Ticker: $NIR), a resource for investors and traders seeking the latest updates and insights on Near Intelligence stock.

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 Near Intelligence'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 Near Intelligence's position in the market.

Rhea-AI Summary
Near Intelligence, Inc. (NASDAQ:NIR) has initiated a Chapter 11 proceeding and secured up to $16 million in Debtor-in-Possession Financing from its secured lenders. The company will seek to sell its assets through a court-supervised sales process, with its existing secured lenders serving as a 'stalking horse' bidder.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5%
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none
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Rhea-AI Summary
Near Intelligence, Inc. (NASDAQ:NIR) received a notice from Nasdaq stating non-compliance with filing its Quarterly Report due to an ongoing internal investigation into financial mismanagement and potential fraudulent actions by former executives. The company has until January 14, 2024, to submit a plan to regain compliance, with a possible extension until May 13, 2024. The notice does not impact the company's stock listing on Nasdaq.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.44%
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none
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Rhea-AI Summary
Near Intelligence, Inc. appoints Richard J. Salute and Sherman Edmiston III to its Board of Directors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.45%
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none
Rhea-AI Summary
Near Intelligence partners with leading global commercial real estate companies, representing $87B in annual revenue
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
40.67%
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none
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Rhea-AI Summary
Near Intelligence appoints Jay Angelo as Chief Privacy Officer, solidifying its dedication to safeguarding user privacy. This move supports Near's privacy initiatives and commitment to data protection and privacy compliance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.88%
Tags
management
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Rhea-AI Summary
Near Intelligence, Inc. CFO to present at H.C. Wainwright conference
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.02%
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conferences
Rhea-AI Summary
Near Intelligence releases study on generational shopping divide
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.17%
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Rhea-AI Summary
Near Intelligence, Inc. (Nasdaq: NIR) published an interactive eBook to help companies evaluate data providers and implement best practices for consumer behavior data. Businesses need accurate data for success in areas such as store locations and marketing budgets. Near's eBook addresses challenges in sourcing reliable data and safeguarding consumer privacy. The Near platform delivers high-quality data in a privacy-safe environment, linking profiles across physical and digital spaces. It emphasizes global, high-quality data, privacy and transparency, and AI innovation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.6%
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Rhea-AI Summary
Near Intelligence, Inc. reports Q2 2023 revenue of $17.7 million, up 19% YoY, meeting guidance range. CEO emphasizes focus on sustainable growth and profitability. YTD revenue is $33.2 million, up 15% YoY. Adjusted EBITDA for Q2 is $(5.1) million. Third quarter guidance: revenue expected to be $18.0 million to $20.0 million, adjusted EBITDA expected to be $(1.5) million to $(2.5) million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-22.05%
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Rhea-AI Summary
Near Intelligence, Inc. (Nasdaq: NIR) is a global leader in privacy-led data intelligence on people and places. The company has announced its partnership with leading global quick-service restaurants (QSRs) representing nearly $90B in annual revenue. By leveraging Near's advanced analytics capabilities, top QSRs are empowered to understand consumer movement and behavior patterns, brand affinities, trade areas, and trends, leading to enhanced customer engagement, operational efficiencies, and revenue growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.61%
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none
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