IFMK - iFresh Inc.

NasdaqCM - NasdaqCM Delayed Price. Currency in USD
0.4301
+0.0001 (+0.03%)
At close: 3:52PM EST
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Previous Close0.4300
Open0.4379
Bid0.4000 x 3000
Ask0.4589 x 1300
Day's Range0.4102 - 0.4379
52 Week Range0.3410 - 3.0500
Volume99,622
Avg. Volume437,986
Market Cap7.893M
Beta (5Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)-0.5970
Earnings DateNov 13, 2018
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • GlobeNewswire

    iFresh North Miami Grand Opening and Ribbon Cutting Ceremony was Held on February 7

    An official grand opening and ribbon cutting ceremony was held last Friday for iFresh North Miami store in Florida. The store is located at 551 NE 167TH Street in North Miami Beach. Commissioner Barbara Kramer, Mayor Anthony F. DeFillipo, Taiwanese American forensic scientist Henry Lee, Canadian comedian Mark Henry Rowswell (also known as Dashan) and iFresh CEO Long Deng attended the ceremony.

  • GlobeNewswire

    iFresh Announces Grand Opening of New Location in North Miami

    NEW YORK, Jan. 15, 2020 (GLOBE NEWSWIRE) -- iFresh, Inc. ("iFresh" or the “Company") (IFMK), a leading Asian American grocery supermarket chain and online grocer, announced today that the Company’s 100% owned subsidiary New York Mart North Miami Inc. (“NYM N. Miami”) is expected to soon open its new location at 551 NE 167th Street in North Miami. The supermarket is expected to have the grand opening ceremony will be held on February 7, 2020.

  • GlobeNewswire

    iFresh Announces Participation in Alipay Singles’ Day Sales Event

    NEW YORK, Nov. 11, 2019 (GLOBE NEWSWIRE) -- iFresh, Inc. ("iFresh" or "the Company") (IFMK), a leading Asian American grocery supermarket chain and online grocer, announced today that its five New York supermarkets will participate in Alipay Singles’ Day Sales Event where customers can receive a great selection of free gifts when spending $15 or more at participating stores by purchasing “1 Yuan Pre-sale Coupon” between November 11, 2019 to November 30, 2019 from the Alipay App.

  • GlobeNewswire

    iFresh Announces Receipt of Nasdaq Notice of Non-compliance; Intends to Request Hearing

    NEW YORK, Nov. 08, 2019 (GLOBE NEWSWIRE) -- iFresh, Inc. ("iFresh" or "the Company") (IFMK), a leading Asian American grocery supermarket chain and online grocer, announced today that on November 6, 2019, the Company received a letter from the Listing Qualifications Staff (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) stating that the Company had not regained compliance with Nasdaq Listing Rule 5550(b), which requires stockholders’ equity of $2.5 million, or a market value of listed securities of $35 million or net income from continuing operations of $500,000, and that the Staff had determined not to grant an extension to allow the Company to demonstrate compliance. As a result, the Staff indicated that the Company would be subject to delisting from The Nasdaq Capital Market unless the Company timely requests a hearing before a Nasdaq Hearings Panel (the “Panel”).

  • GlobeNewswire

    iFresh Announces Termination of Share Exchange Agreement

    NEW YORK, Nov. 06, 2019 (GLOBE NEWSWIRE) -- iFresh, Inc. ("iFresh" or "the Company") (IFMK), a leading Asian American grocery supermarket chain and online grocer, announced today that its board of directors approved the termination of a Share Exchange Agreement (the “Exchange Agreement”) with Xiaotai International Investment Inc. (“Xiaotai”) due to an ongoing investigation of Xiaotai on illegal fundraising from the public by the Hangzhou Police Department, Binjiang Branch (“Hangzhou Police”). On November 5, 2019, iFresh issued a written notice to Xiaotai International and Xiaotai Shareholders to terminate the Exchange Agreement, effective immediately.

  • GlobeNewswire

    iFresh Inc. Receives News with Respect to Xiaotai International Investment Inc

    NEW YORK, Nov. 05, 2019 (GLOBE NEWSWIRE) -- iFresh, Inc. ("iFresh" or "the Company") (IFMK), a leading Asian American grocery supermarket chain and online grocer, received news regarding an ongoing investigation of Zhejiang Xiaotai Technology Co. Ltd. (“Zhejiang Xiaotai) by the Hangzhou Police Department, Binjiang Branch (“the Hangzhou Police”) through a public notice released by the Hangzhou Police on November 2, 2019. Zhejiang Xiaotai is alleged to have conducted illegal fundraising from the public. The report also stated that several executives of Zhejiang Xiaotai have been detained and are being held in custody.

  • GlobeNewswire

    iFresh Announces Exclusive Distribution Partnership Agreement With Fuzhou Great World Natural Food Co., Ltd.

    NEW YORK, Oct. 22, 2019 (GLOBE NEWSWIRE) -- iFresh, Inc. ("iFresh" or "the Company") (IFMK), a leading Asian American grocery supermarket chain and online grocer, has entered into an Exclusive Distribution Partnership Agreement (“Agreement”) with Fuzhou Great World Natural Food Co., Ltd. (“Fuzhou Great World Natural”) for the exclusive distribution of “Great World” brand food products and beverages in America for three years commencing immediately.

  • GlobeNewswire

    iFresh Announces Authorization of 2 Million Share Buyback Program

    NEW YORK, Sept. 13, 2019 (GLOBE NEWSWIRE) -- iFresh, Inc. ("iFresh" or "the Company") (IFMK), a leading Asian American grocery supermarket chain and online grocer, announced that its Board of Directors has authorized a new share repurchase program of up to 2 million shares of iFresh common stock between certain price range in the open market. The Company expects to put the program into place within the next twelve months and will issue a further release when the program has been established. “The authorization of a stock repurchase program demonstrates the Board’s confidence in the long term value of the Company and our continued commitment to optimizing our shareholder returns.

  • GlobeNewswire

    iFresh Shareholders Approve All Resolutions at Special Meeting of Stockholders

    NEW YORK, Sept. 10, 2019 -- iFresh, Inc. ("iFresh" or "the Company") (NASDAQ: IFMK), a leading Asian American grocery supermarket chain and online grocer, announced its.

  • GlobeNewswire

    iFresh Granted Extension by NASDAQ to Regain Compliance with NASDAQ Listing Rule

    NEW YORK, June 13, 2019 (GLOBE NEWSWIRE) -- iFresh Inc. (IFMK), a leading Asian/Chinese grocery supermarket chain on the east coast of U.S., announced today that it received notification from the Listing Qualifications department of The NASDAQ Stock Market, that the staff has determined to grant the Company an extension until July 30, 2019 to regain compliance with Listing Rule 5620(a) by holding an annual meeting of shareholders on or before that date. If the company does not satisfy these terms, NASDAQ will provide written notification to the Company that its securities will be delisted. At that time, the Company may appeal the determination to a NASDAQ Hearings Panel.

  • GlobeNewswire

    iFresh Announces Entry into Definitive Agreement for Acquisition of Xiaotai and Simultaneous Spin-off of its Wholly Owned Subsidiary

    NEW YORK, June 10, 2019 (GLOBE NEWSWIRE) -- iFresh, Inc. ("iFresh" or "the Company") (IFMK), a leading Asian American grocery supermarket chain and online grocer, announced entry into Share Exchange Agreement for acquisition (“Acquisition”) of Xiaotai International Investment Inc.(“Xiaotai”), a “peer-to-peer” lending company based in Hangzhou, China providing an internet lending information intermediary platform that gives borrowers access to a variety of loan products in China, and entry into Share Purchase Agreement for the spin-off of NYM Holding Inc. (“NYM”), a wholly owned subsidiary of the Company into a standalone private company, Go Fresh 365 Inc. (“Go Fresh”), solely owned by Mr. Long Deng, IFMK’s Chief Executive Officer.