Welcome to our dedicated page for RAAS news (Ticker: RAAS), a resource for investors and traders seeking the latest updates and insights on RAAS stock.
Cloopen Group Holding Limited (historically NYSE: RAAS and now quoted over-the-counter as RAASY) is a China-based, cloud-focused communications solution provider. The company’s news flow reflects both its role in the cloud communications and SaaS sector and its evolving status as a U.S.-reporting issuer.
News releases from Cloopen emphasize its business as a multi-capability cloud-based communications solution provider offering communications platform as a service (CPaaS), cloud-based contact centers (cloud-based CC), and cloud-based unified communications and collaborations (cloud-based UC&C). Updates often restate the company’s mission to enhance enterprise communication experiences and operational productivity through SaaS-based tools and related tactics.
Investors following RAAS/RAASY can expect several recurring categories of news. Cloopen has issued multiple announcements about annual reports on Form 20-F filed with the U.S. Securities and Exchange Commission for fiscal years 2021, 2022, 2023, and 2024, each containing audited financial statements. These filings and related press releases provide insight into the company’s financial reporting and compliance status.
Regulatory and listing developments are another major theme. Cloopen has reported on NYSE listing compliance, including an ADS ratio change that had the effect of a reverse ADS split, subsequent confirmation of compliance with the NYSE minimum share price requirement, and later a NYSE notice commencing delisting proceedings and suspension of trading due to delayed SEC filings. The company has also described the transition of its ADSs to eligibility for trading on the over-the-counter market.
Additional news items cover corporate governance and regulatory matters, such as a settlement with the SEC related to employee misconduct and transaction irregularities, board composition changes with new and departing directors, and a preliminary non-binding proposal for a potential going private transaction submitted by a buyer group including the company’s founder and an investment fund.
By monitoring this news stream, readers can track Cloopen’s disclosures on its cloud communications business, SEC reporting, listing status, governance changes, and any proposed corporate transactions affecting RAAS/RAASY securities.
Cloopen (OTC:RAASY) said its Board received a preliminary, non-binding proposal dated Dec 22, 2025 from founder/CEO Changxun Sun and Trustbridge Partners VII to take the company private.
The Buyer Group proposed to acquire all outstanding ordinary shares for US$0.4940 per ordinary share (or US$2.9641 per ADS, each ADS = six Class A shares) in cash. The price equals a 51.23% premium to the last close and a 74.87% and 86.22% premium to the 15‑ and 30‑day VWAPs, respectively.
The Board will form a special committee of independent, disinterested directors and expects to retain independent financial and legal advisors. The company cautioned there is no assurance a definitive offer or transaction will result.
Cloopen Group Holding Limited (OTC: RAASY) has announced the filing of its annual report on Form 20-F for the fiscal year ended December 31, 2024 with the U.S. Securities and Exchange Commission (SEC). The report, which includes the company's audited financial statements, was filed on September 3, 2025.
Investors can access the annual report through the SEC's website or through Cloopen's investor relations website at ir.yuntongxun.com.
Cloopen Group Holding (OTC: RAAS) has announced the filing of its annual report on Form 20-F with the U.S. Securities and Exchange Commission (SEC) on March 24, 2025. The report covers the fiscal year ended December 31, 2023, and includes the company's audited financial statements. The annual report is accessible through both the SEC's website and Cloopen's investor relations website.
Cloopen Group Holding (OTC: RAASY) has filed its annual report on Form 20-F for the fiscal year ended December 31, 2022, with the U.S. Securities and Exchange Commission (SEC) on August 27, 2024. This important financial document, which includes Cloopen's audited financial statements, is now accessible to investors and the public through the SEC's website and the company's investor relations portal.
The timely filing of this report demonstrates Cloopen's commitment to transparency and compliance with U.S. securities regulations. Investors can now review the company's financial performance and position for the 2022 fiscal year, providing valuable insights into Cloopen's operations and potential future prospects.
Cloopen Group Holding Limited (NYSE: RAAS) announced on April 3, 2023 that it has regained compliance with the NYSE's minimum share price requirement. This follows a notification from the NYSE on October 5, 2022, indicating non-compliance due to the average closing price of its American depositary shares (ADSs) falling below US$1.00. To address this, Cloopen adjusted the ADS Ratio from 1:2 to 1:6, effective on March 15, 2023. The 30-day average closing price of ADSs exceeded US$1.00 by March 31, 2023, ensuring the ADSs will continue trading on the NYSE, contingent upon ongoing compliance.
Cloopen Group Holding Limited (NYSE: RAAS) announced a change in the ratio of its American depositary shares (ADSs) to Class A ordinary shares from 1 ADS for 2 shares to 1 ADS for 6 shares. This adjustment equates to a 1-for-3 reverse ADS split, effective on March 15, 2023. No action is required from ADS holders as the change will be executed on the depositary's books. The price of the ADS is expected to rise proportionally, although Cloopen cannot guarantee that it will be three times the previous price. The company, based in China, provides cloud-based communication solutions.
