CooTek (Cayman) Inc - ADR

CooTek (Cayman), Inc. is a mobile internet company, which engages in the development of mobile applications and artificial intelligence technology. Its products include TouchPal keyboard, HiFit, ManFit, Abs Workout, Cherry, Drink Water Reminder, and Blue Light filter. The company was founded by Kan Zhang, Teng Ren, Jia Liang Wang, Jim Wang, and Qiao Ling in 2008 and is headquartered in Shanghai, China.

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CooTek (Cayman), Inc. is a mobile internet company, which engages in the development of mobile applications and artificial intelligence technology. Its products include Hi Shou, Drink Water Reminder, Happy Jogging, Crazy Reading Novel, Idle Land King Tycoon, Farm Hero, Crazy Painting, Hi Hamster, and TouchPal Smart Input. The company was founded by Kan Zhang, Teng Ren, Jia Liang Wang, Jim Wang, and Qiao Ling in 2008 and is headquartered in Shanghai, China.

NEW YORK--(BUSINESS WIRE)--The New York Stock Exchange (“NYSE”, the “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the American Depositary Shares, each representing 650 Class A Ordinary Shares (the “ADSs”) of CooTek (Cayman) Inc. (the “Company”) — ticker symbol CTK — from the Exchange. Trading in the Company's ADSs was suspended after the market close on the NYSE on May 19, 2022. NYSE Regulation reached its decision to delist the A

NYSE to Suspend Trading Immediately in CooTek (Cayman) Inc. (CTK) and Commence Delisting Proceedings

SHANGHAI , May 5, 2022 /PRNewswire/ -- CooTek (Cayman) Inc. (NYSE: CTK) ("CooTek" or the "Company"), a global mobile internet company, today updates its status under the Holding Foreign Companies Accountable Act (the "HFCAA"). On May 4, 2022, in connection with its implementation of the HFCAA, the U.S. Securities and Exchange Commission (the "SEC") provisionally named the Company as a Commission-Identified Issuer following the Company's filing of its annual report on Form 20-F for the fiscal year ended December 31, 2021 (the "2021 Form 20-F") with the SEC on April 29, 2022.

CooTek Updates the Status under Holding Foreign Companies Accountable Act

SHANGHAI , April 29, 2022 /PRNewswire/ -- CooTek (Cayman) Inc. (NYSE: CTK) ("CooTek" or the "Company"), a global mobile internet company, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2021 with the Securities and Exchange Commission (the "SEC") on April 29, 2022. The annual report can be accessed on the Company's investor relations website at  https://ir.cootek.com/  as well as the SEC's website at  http://www.sec.gov.

CooTek Files Annual Report on Form 20-F for Fiscal Year 2021

SHANGHAI , April 28, 2022 /PRNewswire/ -- CooTek (Cayman) Inc. (NYSE: CTK) ("CooTek" or the "Company"), a global mobile internet company, today announced that it plans to change the ratio of its American Depositary Shares ("ADSs") to its Class A ordinary shares (the "ADS Ratio"), from the current ADS Ratio of one (1) ADS to fifty(50) Class A ordinary shares to a new ADS Ratio of one (1) ADS to six hundred and fifty (650) Class A ordinary shares. For CooTek's ADS holders, the change in the ADS Ratio will have the same effect as a one-for-thirteen (13) reverse ADS split.

CooTek Announces Plan to Implement ADS Ratio Change

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SHANGHAI, March 18, 2022 /PRNewswire/ -- Recently, a batch of high-quality literature work from Fengdu Novel, online literature app developed by CooTek (Cayman) Inc. (NYSE: CTK) ("CooTek" or the "Company"), have been selected by the ninth round of the Tencent Video's Mars Project and will be ready for producing into short films by production companies. As Fengdu Novel continues to focus on building up its content ecology through IP business, the successful collaboration marks another milestone in its IP incubation of short films.

Fengdu Novel Profitability Enhanced with Successful IP Incubation of Novel to Short Films

CooTek (Cayman) Inc. (CTK) Q4 2021 Earnings Call Transcript

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CooTek (Cayman) Inc (NYSE: CTK) reported a fourth-quarter FY21 revenue decline of 48% year-on-year to $53 million, beating the consensus of $49.6 million.  Mobile advertising revenues decreased 49% Y/Y to $51.8 million.

CooTek Tops Q4 Backed By Overseas Mobile Games Business

SHANGHAI, March 15, 2022 /PRNewswire/ -- CooTek (Cayman) Inc. (NYSE: CTK) ("CooTek" or the "Company"), a global mobile internet company, today reported unaudited financial results for the fourth quarter ended December 31, 2021. Fourth Quarter 2021 Highlights Net revenues were US$53.0 million, a decrease of 48% from US$102.4 million during the same period last year.

CooTek Announces Fourth Quarter and Full Year 2021 Unaudited Results

SHANGHAI, March 15, 2022 /PRNewswire/ -- CooTek (Cayman) Inc. (NYSE: CTK) ("CooTek" or the "Company"), a global mobile internet company, today announced that Mr. Karl Kan Zhang, CooTek's Chairman of the Board of Directors and Chief Technology Officer has informed the Company of his intention to use his personal funds to purchase up to US$3 million of the Company's American Depositary Shares (the "ADSs") for the next six months, pursuant and subject to applicable laws and the Company's securities trading policy.

CooTek Announces Share Purchase by Senior Management

SHANGHAI, March 7, 2022 /PRNewswire/ -- CooTek (Cayman) Inc. (NYSE: CTK) ("CooTek" or the "Company"), a fast-growing global mobile internet company, today announced that it will report its unaudited financial results for the fourth quarter and fiscal year 2021 ended December 31, 2021, before the open of U.S. markets on March 15, 2022. CooTek's management team will host an earnings conference call at 8:00 AM U.S. Eastern Time on March 15, 2022 (8:00 PM Beijing Time on the same day).

CooTek to Announce Fourth Quarter and Fiscal Year 2021 Unaudited Financial Results on March 15, 2022

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SHANGHAI, Jan. 28, 2022 /PRNewswire/ -- Love Fantasy, a mobile game invested by CooTek (Cayman) Inc. (NYSE: CTK) ("CooTek" or the "Company"), has topped the list of Most Downloaded iOS Chinese Overseas Games in December 2021, with 2.5 million total downloads and a 216.5% month-on-month increase. On Google Play, it ranked in the second place on the Most Downloaded Chinese Overseas Games list with a monthly download increase of 238.1%.

CooTek's Love Fantasy Topped Most Downloaded iOS Chinese Overseas Games Chart for December 2021, Surpassing PUBG And Genshin Impact

SHANGHAI, Jan. 14, 2022 /PRNewswire/ -- CooTek (Cayman) Inc. (NYSE: CTK) ("CooTek" or the "Company"), a global mobile internet company, today announced that it has received a letter (the "Letter") from the New York Stock Exchange (the "NYSE") dated January 5, 2022 and further e-mail communication on the same date, notifying the Company that (i) it is below compliance standards due to the Company's total market capitalization and stockholders' equity, (ii) the due date for the Company to submit a business plan that demonstrates compliance is April 5, 2022 and (iii) the applicable cure period for the Company to regain compliance expires on July 5, 2023. Pursuant to applicable NYSE continued listing standards, a company would be considered "below criteria" by the NYSE if its total market capitalization is less than US$50 million over a 30 trading-day period and its stockholders' equity is less than US$50 million.

CooTek Announces Receipt of NYSE Non-Compliance Letter

SHANGHAI, Jan. 11, 2022 /PRNewswire/ -- Smillage, the game studio invested by CooTek (Cayman) Inc. (NYSE: CTK) ("CooTek" or the "Company"), has successively created popular games such as Catwalk Beauty, Truth Runner and Love Fantasy last year. The success of Hotties Up also represents a solid step taken by Smillage after starting game publishing business recently.

Smillage Provides One-Stop Game Publishing Service for Chinese Game Developers

Here's why investors are taking a close look at micro-cap company CooTek and CTK stock today on a rather stable week in the markets. The post CTK Stock: Why the Hotties Up Game Has CooTek Investors Feeling Sexy Today appeared first on InvestorPlace.

CTK Stock: Why the Hotties Up Game Has CooTek Investors Feeling Sexy Today

The stock price of CooTek (Cayman) Inc (NYSE: CTK) increased by over 30% during intraday trading today. This is why it happened.

CooTek Stock (CTK): Why The Price Surged Today

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SHANGHAI, Dec. 30 , 2021 /PRNewswire/ -- Hotties Up has achieved exceptional success after it's ranked as top 3 on the US iOS game chart. It is a casual game developed by Wrap Drive and published by Smillage, the game studio invested by CooTek (Cayman) Inc. (NYSE: CTK) ("CooTek" or the "Company").

CooTek (Cayman) Inc. Tells the Story Behind the Success of Hotties Up Published by Smillage

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SHANGHAI, Dec. 27, 2021 /PRNewswire/ -- Recently, the hyper-casual game "Hotties Up" has reached the top three of the US iOS game ranking a few days after released. The dress-up parkour game is published by Smillage, the game studio CooTek (Cayman) Inc. (NYSE: CTK) ("CooTek" or the "Company") invested in.

Smillage, Cootek's Invested Game Studio, Published A New Hit Mobile Game

SHANGHAI, Dec. 20, 2021 /PRNewswire/ -- As Fengdu Novel, online literature app developed by CooTek (Cayman) Inc. (NYSE: CTK) ("CooTek" or the "Company"), continues to make progress in building its content ecology, it has reached a collaboration with Tencent Video's Mars Project, which aims to support micro drama TV adaptation. A batch of high-quality online literature work from Fengdu Novel have entered in the bidding stage and will be ready for shooting upon the completion of bidding and coordination with the producers.

Fengdu Novel's IP Content Selected for Micro Drama Production by Tencent Video

SHANGHAI, Dec. 17, 2021 /PRNewswire/ -- As a heavy investor in mobile games, CooTek (Cayman) Inc. (NYSE: CTK) ("CooTek" or the "Company") recently announced its long-term plan to build a metaverse, integrating its advantages in mobile games and online literature along with supports from multiple sources. Lejiu, a Shanghai-based game studio invested by CooTek, has initiated the development of a metaverse game, targeting female users.

A Female-oriented Game World: CooTek's First Attempt at Metaverse

SHANGHAI, Dec. 13, 2021 /PRNewswire/ -- CooTek (Cayman) Inc. (NYSE: CTK) ("CooTek" or the "Company"), a global mobile internet company, today announced that it has received a letter from the New York Stock Exchange (the "NYSE") dated December 6, 2021, notifying CooTek that it is below compliance standards due to the trading price of CooTek's American depositary shares (the "ADSs"). Pursuant to NYSE rule 802.01C, a company will be considered to be below compliance standards if the average closing price of a security as reported on the consolidated tape is less than $1.00 over a consecutive 30 trading-day period.

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