Home Top Movers This hot news boosted The9 Limited (Nasdaq: NCTY) stock soaring in the...

This hot news boosted The9 Limited (Nasdaq: NCTY) stock soaring in the pre-market session

The9 Limited (Nasdaq: NCTY) shares rose more than 83% to 6.500 in the pre-market session as it announced the signing of a partnership and collaboration term sheet with many investors in the cryptocurrency mining industry, including Jianping Kong,Ex Management and Co-Chair of Canaan Inc. Qifeng Sun, former Canaan Inc. Manager, Li Zhang and Enguang Li. According to the Term Sheet, The9 will issue ordinary shares in Class A and Warra.

Get the hottest stocks to trade every day before the market opens 100% free. Click here now. 

The9 will grant ordinary shares and warrants of Class A to the holders according to the Term Sheet. The9 is expected to obtain, if realized, proceeds from transactions envisaged in the Term Sheet in compliance with specific pre-agreed terms. Investors are expected to use their mining industry expertise for cryptocurrencies to help The9 establish the mining company for cryptocurrencies. A new wholly-owned subsidiary, NBTC Limited, will be set up by The9 to run its blockchain and cryptocurrency company.


The 2021 Backdoor Crypto Portfolio (free)

Even if you’re not actively in crypto, you deserve to know what’s actually going on...

Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.

Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free.

Sponsored


Read More

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Must Read

Why Did The CMCL Stock Rise By 8% In Last Trading?

Caledonia Mining Corporation Plc (NYSE: CMCL) gained 8.91% during the trading session on Thursday. The share price reached a low of $13.70 and a...

Why Progyny Inc (PGNY) stock gained on Thursday, April 15?

Progyny Inc (PGNY) stock gained 7.31% in the after-hours session on Thursday, April 15, 2021, after it gained 0.94% in the early session.  PGNY...

Here is Dolphin Entertainment Inc (DLPN) stock turnaround on Thursday, April 15, 2021

Dolphin Entertainment Inc (DLPN) stock was facing negativity in the normal trading session on Thursday, April 15, 2021. It lost 8.05% in the morning...

Why Is TAOP Stock Increasing Today?

Taoping Inc. (NASDAQ: TAOP) is rising on the charts today with a gain of 18.04% to trade at $7.33 at last check-in early trading. Yesterday,...

Is VIZSF Stock Price Up This Past Session?

At the previous close, shares of Vizsla Silver Corp. (OTCQB: VIZSF) were up 8.41% to $1.41. A total of 201,300 shares of Vizsla Silver...

How Did The KXIN Stock Rise In The Last Session?

On Thursday, more than 15.02 million shares of Kaixin Auto Holdings (NASDAQ: KXIN) were traded, and the closing share price was $2.56, an increase...

Why Did The CMCL Stock Rise By 8% In Last Trading?

Caledonia Mining Corporation Plc (NYSE: CMCL) gained 8.91% during the trading session on Thursday. The share price reached a low of $13.70 and a...

What Led The AKUS Stock To Increase On Thursday?

In its Thursday trading session, Akouos Inc. (NASDAQ: AKUS) rose by 8.08%, or $1.16, compared with its previous market close price. The lowest price...

Related News

Will It Boost The GMBL Stock Today?

In premarket trading today, the shares of Esports Entertainment Group Inc. (NASDAQ: GMBL) were on the rise. The Esports stock fell by -5.06% to close...

How Did The KXIN Stock Rise In The Last Session?

On Thursday, more than 15.02 million shares of Kaixin Auto Holdings (NASDAQ: KXIN) were traded, and the closing share price was $2.56, an increase...

What Led The AKUS Stock To Increase On Thursday?

In its Thursday trading session, Akouos Inc. (NASDAQ: AKUS) rose by 8.08%, or $1.16, compared with its previous market close price. The lowest price...

MER Telemanagement Solutions Ltd. (MTSL) stock skyrocketed in the after-market session

MER Telemanagement Solutions Ltd. (MTSL) stock soared 123.34% in the after-hours market on Thursday, April 15, 2021, after losing 7.42% in the normal trading...

Is This Why The ARDX Stock Rose Last Trading?

Ardelyx Inc. (NASDAQ: ARDX) opened Wednesday’s trading session at $7.25 and achieved its intraday high of $8.17. Ardelyx stock closed the trading session at...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

We do not sell or share your information with anyone.

Get The Best Stocks To Trade Every Day!...100% Free

We do not sell or share your information with anyone.

Get Best Morning Financial Newsletter... 100% Free

Best stocks ideas

Analysts’ Upgrades & Downgrades

Insider Watchlist

Important Earnings

We do not sell or share your information with anyone.