- PR Newswire•6 days ago
Acorn International sues former directors, Andrew Y. Yan, Gordon Xiaogang Wang and Jing Wang for misconduct and USD43m in damages
Litigation proceedings (the "Claim") have been commenced against three former directors of the Company, Andrew Y. Yan, Gordon Xiaogang Wang, and Jing Wang (the "Defendants"), and service of the Claim has been effected on all three Defendants. All three Defendants have now acknowledged service of the Claim and must file and serve their defences by 21 April 2017. As previously disclosed on December 1, 2016, and in the Company's February 14, 2016 6-k filing, the Company filed the Claim in the Grand Court of the Cayman Islands, (the "Cayman Court"), against the Defendants.
- Investor's Business Daily•last month
At 40-something, the video games market has slowed, but China's expansion, virtual reality and e-sports offer possible paths to new growth.
- PR Newswire•2 months ago
SHANGHAI, Feb. 28, 2017 /PRNewswire/ -- Acorn International, Inc. (ATV) ("Acorn" or the "Company"), today announced that its board of directors has approved the extension to the Company's existing share buyback plan for a period of one year. With the extended share buyback plan, Acorn is authorized to continue its repurchase of up to US$4 million of its ADSs within a one-year period from February 1, 2017 to January 31, 2018. The Company's proposed repurchases may be made from time to time on the open market at prevailing market prices, in privately negotiated transactions, in block trades and/or through other legally permissible means, depending on market conditions and in accordance with applicable rules and regulations.
ATV : Summary for Acorn International, Inc. ADS - Yahoo Finance
Acorn International, Inc. (ATV)
NYSE - NYSE Delayed Price. Currency in USD
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|Day's Range||9.22 - 9.66|
|52 Week Range||4.92 - 12.35|
Trade prices are not sourced from all markets
|PE Ratio (TTM)||-0.95|
|Dividend & Yield||0.00 (0.00%)|
|1y Target Est||N/A|