Site icon Market Globalist

Ebang International Holdings Inc. (EBON) stock soars during pre-market, despite any recent update.

PETV Stock

PETV Stock

Ebang International Holdings Inc. (NASDAQ: EBON) stock gained by 4.3% at last close while the EBON stock price rises by 2.62% in the pre-market trading session. Ebang International Holdings reported the outcome of a mediation involving a sales contract conflict with one of its clients. It has become a top bitcoin mining machine maker in the worldwide market, with consistent access to wafer foundry capacity, owing to years of expertise and competence in ASIC chip design.

>> 7 Top Picks for the Post-Pandemic Economy << 

EBON stock’ Recent Development

According to the Company’s most recent annual report submitted with the Securities and Exchange Commission, the Company submitted a lawsuit in the Hangzhou Intermediate People’s Court on November 22, 2019, against one of its clients and the ultimate beneficial owner of the mining machines in relation to the sale of 80,000 mining machines.


Top 5 Cheap Stocks to Own Right Now

While finding safe stocks with the potential for monster gains isn't always easy, we've found a few that could pay out well. In fact, within our report, "Top 5 Cheap Stock to Own Right Now", we have identified five stocks we believe could appreciate the most even if you just have $1,000 to invest.

Sign up here to get your free report now. .

Sponsored


Read More

Following a court mediation, a deal was concluded between the Company and the defendants Zhejiang Qirui Machinery Equipment, Zhejiang Huatie Emergency Equipment Science &Technology Ltd., and Mr. Danfeng Hu, the President and CEO of Huatie Emergency, on August 23, 2021.

Furthermore,

The following is the outcome of mediation:

Exit mobile version