GLG - Bat Group, Inc.

NasdaqCM - NasdaqCM Real Time Price. Currency in USD
0.4200
-0.0605 (-12.59%)
At close: 4:00PM EDT
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Previous Close0.4805
Open0.4899
Bid0.0000 x 1300
Ask0.7000 x 1400
Day's Range0.4000 - 0.4899
52 Week Range0.4000 - 8.4000
Volume126,226
Avg. Volume952,498
Market Cap3.632M
Beta (3Y Monthly)1.44
PE Ratio (TTM)0.33
EPS (TTM)1.2670
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Trade prices are not sourced from all markets
  • GlobeNewswire5 days ago

    Bat Group, Inc. Enters into Memorandum of Understanding with Regional Commercial Bank to Accelerate Business Expansion to New Regions

    Bat Group, Inc. (GLG) (the "Company"), an emerging used luxurious car rental service provider headquartered in Beijing, China, today announced that the Company, through its wholly owned subsidiary Beijing Tianxing Kunlun Technology Co., Ltd., has entered into a strategic cooperation memorandum of understanding (the “Memorandum”) with Shuangtaizi Rural Credit Cooperative Union (“SRCCU”), a regional commercial bank based in Panjin City, Liaoning, to accelerate the Company’s business expansion to new regions. Pursuant to the Memorandum, SRCCU agrees to issue the Company a credit line of up to US$580 million. The Company agrees to use the proceeds from the line to purchase luxury cars, expand its operations and satisfy other working capital needs.

  • GlobeNewswirelast month

    China Bat Group, Inc. Announces Pricing of Approximately $1.5 Million Registered Direct Offering

    China Bat Group, Inc. (the “Company”) (GLG), an emerging used luxurious car rental service provider headquartered in Beijing, China, announced today it has entered into a securities purchase agreement with certain accredited investors to purchase approximately $1.5 million worth of its common stock in a registered direct offering and warrants to purchase common stock in a concurrent private placement. Under the terms of the securities purchase agreement, the Company has agreed to sell 1.44 million shares of its common stock. In a concurrent private placement, the Company has agreed to issue unregistered warrants to purchase up to approximately 1.08 million shares of common stock.

  • GlobeNewswirelast month

    China Bat Group, Inc. Reports First Quarter 2019 Financial Results

    BEIJING, May 20, 2019 -- China Bat Group, Inc. (Nasdaq: GLG) (the "Company"), an emerging used luxurious car rental service provider headquartered in Beijing, China, today.

  • PR Newswire2 months ago

    China Bat Group, Inc. Provides Notice of Proposed Settlement of Derivative Litigation

    BEIJING, April 12, 2019 /PRNewswire/ -- China Bat Group, Inc. (GLG) (the "Company"), an emerging used luxurious car rental service provider headquartered in Beijing, China, today announced that on April 4, 2019 the Company received a court order preliminarily approving the Stipulation of Settlement (the "Stipulation") entered into on January 18, 2019 in the shareholder derivative action filed in the U.S. District Court Southern District of New York, Kodali v. Qin, et al., Case No. 1:15-00806 (the "Derivative Litigation"). Pursuant to the Stipulation, the Company will adopt certain corporate governance measures and procedures, and the Company's insurer will pay $82,500 to the plaintiff's counsel and a service award of $1,000 to the plaintiff.

  • GlobeNewswire2 months ago

    China Bat Group, Inc. Announces Pricing of Approximately $3.7 Million Registered Direct Offering

    China Bat Group, Inc. (the “Company”) (GLG), an emerging used luxurious car rental service provider headquartered in Beijing, China, announced today it has entered into a securities purchase agreement with certain accredited investors to purchase approximately $3.7 million of its common stock in a registered direct offering and warrants to purchase common stock in a concurrent private placement. Under the terms of the securities purchase agreement, the Company has agreed to sell 1.68 million shares of its common stock.

  • GlobeNewswire2 months ago

    China Bat Group, Inc. Enters into Strategic Cooperation Agreement with Liten Group Co., Ltd.

    China Bat Group, Inc. (GLG) (the "Company"), an emerging used luxurious car rental service provider headquartered in Beijing, China, today announced that the Company, through its wholly owned subsidiary Beijing Tianxing Kunlun Technology Co., Limited, entered into a strategic cooperation agreement (the “Agreement”) with Liten Group Co., Ltd. (Liten Group), a private company specializing in high-end automobile retail and operation of its automobile theme park, Dream Factory. Pursuant to the Agreement signed on April 10, 2019, both parties agreed to establish a comprehensive long-term strategic partnership in the fields of automobile sourcing channels, automobile finance and car rental. Mr. Jiaxi Gao, CEO and President of China Bat Group, Inc., comments, “We are pleased to partner with the Liten Group in a long-term strategic relationship as we leverage our Batcar brand and digital platform to provide a unique experience for luxurious car rentals.

  • GlobeNewswire3 months ago

    China Bat Group, Inc. Reports Fiscal Year 2018 Financial Results

    BEIJING, April 05, 2019 -- China Bat Group, Inc. (Nasdaq: GLG) (the "Company"), an emerging used luxurious car rental service provider headquartered in Beijing, China, today.

  • GlobeNewswire3 months ago

    China Bat Group, Inc. Breaks into Shanghai Market

    China Bat Group, Inc. (GLG) (the "Company"), an emerging used luxurious car rental service provider headquartered in Beijing, China, today announced that the Company has entered the Shanghai market. The Company’s business operations can be divided into 7 parts including pre-lease preparation, car rental preparation, paperwork preparation, signing the contract, rent prepayment and deposit, delivery inspection as well as the guidance regarding driving the high-performance rental vehicles. This model of business operation will also be applicable in the Shanghai market, where the Company has officially begun its operations by leasing luxury vehicles to its peer companies.

  • GlobeNewswire3 months ago

    China Bat Group, Inc. Positions to Target Explosive Luxury Car Rental Service Market Growth in China

    China Bat Group, Inc. (GLG) (the "Company"), an emerging used luxurious car rental service provider headquartered in Beijing, China, today announced that the Company believes it is well-positioned to target the luxury car rental service’s exponential market growth in China. The Company operates a luxurious car business that is conducted under the brand name “BatCar” through the Company’s VIE entity, Tianxing Kunlun Technology Co. Ltd, from its headquarters in Beijing.

  • GlobeNewswire7 months ago

    China Commercial Credit, Inc. Appoints Mr. Jiaxi Gao as CEO, President and Director

    China Commercial Credit, Inc. (GLG) (the "Company"), an emerging used luxurious car rental service provider in Beijing, China, today announced that its Board of Directors has appointed Mr. Jiaxi Gao to serve as its new Chief Executive Officer, President and a director effective November 20, 2018 upon resignation of Mr. Chengguang Kang from the position of Chief Executive Officer, President and a director effective on the same day. Mr. Gao served as the founder and CEO of Beijing Lexiang Technology (Beijing) Co., Ltd, a provider of auto finance services in China, from March 2016 to May 2018.