Token Cat Ltd Stock Price, News & Analysis

Token Cat (Nasdaq: TC) announced a master service agreement with Better Now New York to develop and operate an AI data center in the United States.

The project targets approximately 30 MW of power capacity implemented in phases, with TC currently having access to about 12 MW for initial deployment. TC will join planning, funding, construction support and operations; Better Now will provide local execution, energy coordination and construction services.

Management said the collaboration advances TC’s overseas infrastructure footprint and supports future development amid rising AI computing demand, while the company cautioned results are forward-looking and subject to risks.

Token Cat (Nasdaq: TC) announced on December 2, 2025 that its Board approved a Crypto Asset Investment Policy allowing up to USD 1 billion of cash reserves to be allocated to selected crypto assets under a phased, risk-managed framework.

The company appointed Sav Persico as Chief Operating Officer to lead implementation. The Policy emphasizes selective allocations to emerging project tokens (AI, RAW-to-chain, token-equity hybrids), mandates highest-tier custody (no self-custody), and creates a Crypto Asset Risk Committee led by the CFO to oversee allocations and report to the Board.

Token Cat (Nasdaq: TC) announced the immediate appointment of Sav Persico as Chief Operating Officer effective November 26, 2025. Persico brings more than three decades of leadership in crypto assets, cryptocurrency investment, blockchain systems, and technology operations.

His remit includes building a crypto asset operations framework focused on Bitcoin and Ethereum, establishing a crypto asset management structure covering risk control, asset allocation and yield optimization, and driving strategic synergies across blockchain infrastructure and related business models.

Management says the hire aims to accelerate Token Cat's enterprise crypto asset strategy and enhance operational execution and resilience.

Token Cat (Nasdaq: TC) signed a strategic cooperation framework agreement with Ouyi on Nov 20, 2025 to build a cross-border supply chain cloud platform.

Both parties target a cumulative $1 billion in overseas sales within the next three years, combining Token Cat's aftermarket parts and automotive product portfolio with Ouyi's overseas channels, logistics and local execution. The platform plans end-to-end digital management from product display to after-sales and may enable vehicle exports and EV component distribution, intended to boost international revenue, profitability and operational digitization.

Token Cat (Nasdaq: TC) announced on November 14, 2025 that after divesting long-term unprofitable operations and completing organizational restructuring, its U.S. subsidiary has been authorized to evaluate a potential fundraising plan of up to $500 million.

The funds would support research into applying nuclear fission as a stable power source for energy-intensive AI and high-performance computing, and to assess M&A and collaboration opportunities with research institutions, energy engineering firms, and AI infrastructure companies.

The company framed the effort as early-stage, exploratory and subject to risks and uncertainties described in its SEC filings.

Token Cat (NASDAQ: TC), a leading Chinese automotive marketplace, has announced plans to implement a 1-for-20 reverse ADS split effective August 29, 2025. The ratio of American depositary shares (ADSs) will change from 1 ADS representing 240 Class A ordinary shares to 1 ADS representing 4,800 Class A ordinary shares.

The exchange will occur automatically for ADS holders in The Depository Trust Company and Direct Registration System. Fractional ADSs will be aggregated, sold by the depositary bank, and the net proceeds distributed to applicable holders. The company's Class A ordinary shares remain unchanged, and TC will continue trading on the Nasdaq Capital Market under the same symbol.

Token Cat (NASDAQ: TC), a prominent Chinese automotive marketplace, has announced the filing of its annual report on Form 20-F with the Securities and Exchange Commission (SEC) for the fiscal year ended December 31, 2024. The filing was completed on March 28, 2025.

The annual report, which includes the company's audited consolidated financial statements, is now accessible through Token Cat's investor relations website and the SEC's website. The company has also committed to providing shareholders and ADS holders with complimentary hard copies of the annual report upon request.

Token Cat (NASDAQ: TC) has received a notification from Nasdaq on March 19, 2025, indicating non-compliance with the minimum bid price requirement. The company's American depositary shares (ADS) have traded below $1.00 for 30 consecutive business days.

The company has been granted a 180-day compliance period until September 15, 2025 to regain compliance. To meet requirements, TC's closing bid price must reach at least $1.00 for a minimum of 10 consecutive business days. If unsuccessful, TC may be eligible for an additional 180-day extension if it meets other Nasdaq Capital Market listing standards.

Token Cat is considering options including adjusting its ADS-to-Class A ordinary share ratio to regain compliance. The company maintains compliance with all other Nasdaq listing standards, and this notice does not affect business operations or SEC reporting requirements.

TuanChe (NASDAQ: TC), a leading automotive marketplace platform in China, has announced its planned name change to Token Cat . The change will become effective on or around February 28, 2025. The company's American Depositary Shares (ADSs) will maintain their current trading symbol 'TC' on the Nasdaq Capital Market, and the CUSIP number will remain unchanged.