Previous Close | 4.7200 |
Open | 4.6600 |
Bid | 4.6800 x 1100 |
Ask | 4.7200 x 800 |
Day's Range | 4.6500 - 4.7100 |
52 Week Range | 1.5000 - 5.6900 |
Volume | 19,429 |
Avg. Volume | 16,218 |
Market Cap | 31.072M |
Beta (5Y Monthly) | 0.87 |
PE Ratio (TTM) | 2.90 |
EPS (TTM) | 1.6230 |
Earnings Date | May 19, 2020 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | N/A |
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SHANGHAI, Dec. 17, 2020 /PRNewswire/ – Ossen Innovation Co., Ltd. (the "Company") (Nasdaq: OSN), a China-based manufacturer of an array of plain surface, rare earth and zinc coated pre-stressed steel materials, today announced that it has entered into a definitive Agreement and Plan of Merger (the "Merger Agreement") with New Ossen Group Limited, an exempted company with limited liability incorporated under the Law of the British Virgin Islands (the "Parent"), and New Ossen Innovation Limited, an exempted company with limited liability incorporated under the Law of the British Virgin Islands and a wholly-owned Subsidiary of Parent ("Merger Sub"), pursuant to which the Parent will acquire the Company for US$1.70 in cash per ordinary share of the Company (the "Shares"), or US$5.10 in cash per American Depositary Share of the Company (each, an "ADS", representing three Shares).
Ossen Innovation Co., Ltd. ("Ossen" or the "Company") (Nasdaq: OSN), a China-based manufacturer of an array of plain surface, rare earth and zinc coated pre-stressed steel materials, today announced the completion of its 2020 annual general meeting of shareholders which was held on November 23, 2020 at the Company's headquarters located at 518 Shangcheng Road, Floor 17, Shanghai, China.