|Bid||1.7900 x 800|
|Ask||1.8000 x 2900|
|Day's Range||1.7550 - 1.8000|
|52 Week Range||0.2370 - 2.5000|
|Beta (5Y Monthly)||1.89|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jun 02, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||19.83|
Halper Sadeh LLP, a global investor rights law firm, is investigating:
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of Gridsum Holding Inc. (NasdaqGS: GSUM) to an investor consortium led by the chairman of the board of directors of the Company. Under the terms of the proposed transaction, shareholders of Gridsum will receive only $2.00 in cash for each share of Gridsum that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
Gridsum Holding Inc. ("Gridsum" or the "Company") (NASDAQ:GSUM), a leading provider of cloud-based big-data analytics and artificial intelligence ("AI") solutions in China, today announced that on October 1, 2020, it received a letter (the "Nasdaq Letter") from the Listing Qualifications Department of The Nasdaq Stock Market ("Nasdaq"), indicating that for the ten consecutive business days from September 15, 2020 through September 30, 2020, the closing bid price for the Company's American depositary shares (the "ADSs"), each representing one Class B ordinary share of the Company, has been at $1.00 per ADS or greater as required for continued listing on The Nasdaq Global Select Market.