5.20 -0.07 (-1.33%)
After hours: 5:58PM EDT
|Bid||5.26 x 1800|
|Ask||5.27 x 900|
|Day's Range||5.13 - 5.92|
|52 Week Range||0.86 - 38.90|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
StockTwits — a social-media platform founded in 2008 as a venue for day traders to exchange ideas and musings — is set to kick off a free online brokerage unit, aimed at appealing to its current roster of approximately two million members, as well as luring millennials.
Reebonz Holding Limited (the “Company” or “Reebonz”) (RBZ), a leading online luxury marketplace and platform in Southeast Asia and Asia Pacific, today announced the pricing of an underwritten public offering of 2,150,000 ordinary shares and 2,150,000 warrants to purchase ordinary shares at a combined offering price of $5.00 per ordinary share and accompanying warrant. Each ordinary share is being sold together with a warrant to purchase one ordinary share.
Nasdaq: RBZ), a leading online luxury marketplace and platform in Southeast Asia, announced today that it has launched its “Sell Back Guarantee” service in the United States. With this addition, Reebonz aims to deepen its relationship with customers in the U.S. Reebonz is the first e-commerce company to introduce this innovative service, born from understanding and fulfilling customers’ unmet needs.
Today, Reebonz believes it’s a leader in the emerging retail space of fashion as a “sharing” ecosystem. It provides a platform not only linking buyers to the best new designer products, but also tools to curate and price items for individual sellers to sell their pre-owned and vintage luxury fashion. Unlike traditional retail, Reebonz develops customer loyalty by engaging its users in a virtuous cycle of shopping for fashion and recycling it.
SINGAPORE, March 15, 2019 -- Reebonz Holding Limited (the “Company” or “Reebonz”) (RBZ), a leading online luxury marketplace and platform in Southeast Asia, today announced that its Board of Directors (the “Board”) approved a 1-for-8 reverse stock split of the Company’s authorized and outstanding ordinary shares, to be effective with the opening of trading on Nasdaq on Monday, March 15, 2019. The Company’s ticker symbol, RBZ, will remain unchanged. The Company’s ordinary shares will trade on the Nasdaq Capital Market on a split-adjusted basis under the CUSIP number G7457R122.
Reebonz Holding Limited (RBZ), a leading online luxury marketplace and platform in Southeast Asia, announced today that it has officially partnered with Komehyo, one of Japan’s leading offline pre-owned luxury product boutiques. As a part of the agreement, Reebonz is expected to make Komehyo’s products available to an estimated 5.5 million members on Reebonz’s platform, further supporting both companies’ missions to bring authentic pre-owned luxury to consumers around the world.
Reebonz Holding Limited (RBZ), a leading online luxury marketplace and platform in Southeast Asia, announced today that it has signed a Memorandum of Understanding (“MOU”) with VeChain, a leading global enterprise-level public blockchain platform, to adopt the blockchain technology to establish the end-to-end provenance of luxury products sold on Reebonz’s platforms, which will help further its ecosystem strategy.
Reebonz Holding Limited (the “Company” or “Reebonz”) (RBZ), a leading online luxury marketplace and platform in Southeast Asia, today announced that the Nasdaq Hearings Panel has granted the Company an extension to demonstrate compliance with all applicable requirements for initial listing on The Nasdaq Stock Market. Reebonz’s ordinary shares are currently listed on The Nasdaq Capital Market. Pursuant to the Nasdaq Hearings Panel’s decision, on or before March 29, 2019, the Company is required to demonstrate that it satisfies all quantitative and qualitative requirements for initial listing on The Nasdaq Global Market.
Reebonz Holding Limited (RBZ), a leading online luxury marketplace and platform in Southeast Asia, today announced that following a decade long presence in Southeast Asia, it is launching across 15 countries in Europe, including Austria, Belgium, Denmark, Finland, France, Germany, Iceland, Ireland, Italy, Luxembourg, Netherlands, Spain, Sweden, Switzerland and United Kingdom. After a successful launch and warm reception among customers in the United Kingdom, Reebonz decided to expand its presence across other major European countries. Reebonz offers a curated online luxury shopping experience, with a differentiated point of view.
Reebonz Holding Limited (RBZ), a leading online luxury marketplace and platform in Southeast Asia, today announced that it is exploring ways to adopt blockchain technology as part of its ecosystem strategy to establish the provenance of products. The goal is to enable buyers to verify the authenticity of products on their own and stamp out losses and distrust generated by the global exchange of counterfeits. With a mission of making luxury accessible to everyone through an ecosystem that connects buyers and sellers, Reebonz has significantly increased its investments in creating a trusted online destination for authentic luxury.
RBZAW) announced that it has requested a hearing before an independent Nasdaq Hearings Panel at which it will request additional time to demonstrate compliance with all applicable requirements for initial listing on The Nasdaq Stock Market. As previously indicated in a Form 6-K filing made with the Securities and Exchange Commission on December 26, 2018, the Company received a notice from the Staff of the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) on December 20, 2018, indicating that the Company has not evidenced compliance with the initial listing requirement for The Nasdaq Capital Market that requires stockholders’ equity of at least $4 million under Listing Rule 5505(b).