Infobird Co Ltd

Infobird Co. Ltd. engages in the provision of standard and customized customer relationship management cloud-based services. It offers software-as-a-service (SaaS) and business process outsourcing (BPO) services to clients, through its variable interest entity. The company was founded in 2001 and is headquartered in Beijing, China.

J-Long Group (JL) and Infobird (IFBD) stock prices surged hard on Wednesday as their popularity among meme investors rose. JL jumped by more than 26% on Tuesday followed by 12% in the premarket session.

J-Long, Infobird (IFBD) stocks jump as FOMO intensifies

Infobird (NASDAQ: IFBD ) stock is rising higher on Wednesday as the software-as-a-service (SaaS) and artificial intelligence ( AI ) company experiences heavy trading this morning. That heavy trading has resulted in more than 3.8 million shares of the company's stock being traded as of this writing.

Why Is Infobird (IFBD) Stock Up 63% Today?

Infobird (NASDAQ: IFBD ) stock is flying higher on Tuesday after the software-as-a-service (SaaS) company announced a delay to a reverse stock split. Infobird says that it now plans for a reverse stock split to go into effect when markets open on Monday.

Why Is Infobird (IFBD) Stock Up Today?

HONG KONG , Feb. 26, 2024 /PRNewswire/ -- Infobird Co., Ltd (NASDAQ: IFBD) ("Infobird" or the "Company"), a software-as-a-service provider of innovative AI-powered, or artificial intelligence enabled, customer engagement solutions, today announced that the Company is amending the effective date for its reverse stock split to Monday March 4, 2024 to begin trading on a split-adjusted basis when the market opens, due to an unanticipated delay in obtaining necessary regulatory clearances. Previously, the Company had planned for its reverse split to become effective after the close of business on Monday, February 26, 2024, and had expected the ordinary shares to begin trading on a split-adjusted basis when the market opened the following day, Tuesday, February 27, 2024.

Infobird Co., Ltd Announces Delay in Effective Date of Reverse Split to March 4 ,2024

HONG KONG , Feb. 20, 2024 /PRNewswire/ -- Infobird Co., Ltd (NASDAQ: IFBD) ("Infobird" or the "Company"), a software-as-a-service provider of innovative AI-powered, or artificial intelligence enabled, customer engagement solutions, today announced that the extraordinary general meetings of the shareholders held on February 20, 2024, at Room 706, 7/F, Low Block, Grand Millennium Plaza, 181 Queen's Road Central, Central, Hong Kong, approved the proposed 1-for-8 share consolidation of its ordinary shares of US$0.5 par value each (the "Share Consolidation") as well as capital reduction and share capital reorganization (the "Capital Reduction and Reorganization"). Beginning with the opening of trading on February 27, 2024, the Company's ordinary shares will begin trading on a post-Share Consolidation basis on the Nasdaq Capital Market under the same symbol "IFBD", but under a new CUSIP number of G47724300.

Infobird Co., Ltd Announces 1-for-8 Share Consolidation and Capital Reduction

HONG KONG , Feb. 16, 2024 /PRNewswire/ -- Infobird Co., Ltd (NASDAQ: IFBD) ("Infobird" or the "Company"), a software-as-a-service provider of AI-powered customer engagement solutions in China, today announced that there will be no financing plan in the next three months. Our management team would appreciate for potential investors continued attention and interest to the Company, and we have raised some operating funds in previous financing activities will help us better expand our business.

INFOBIRD CO., LTD ANNOUNCES THE SUSPENSION OF CAPITAL RAISING IN THE NEXT THREE MONTHS

Infobird (NASDAQ: IFBD ) stock is falling on Thursday after the customer engagement solutions company announced details of an upcoming extraordinary general shareholder meeting. Infobird will hold this shareholder meeting on Feb.19, 2024.

Why Is Infobird (IFBD) Stock Down 31% Today?

Infobird (NASDAQ: IFBD ) stock is rising higher on Tuesday after the company announced it has signed a new cooperation agreement with an unnamed company. According to a press release from Infobird, this will see it develop software for an information technology system to be used by the company.

Why Is Infobird (IFBD) Stock Up 62% Today?

HONG KONG , Dec. 18, 2023 /PRNewswire/ -- Infobird Co., Ltd (NASDAQ: IFBD) ("Infobird" or the "Company"), a software-as-a-service provider of AI-powered customer engagement solutions in China, today announced that a new business cooperation in software development of information technology system has been signed. Recently, Infobird Technologies Limited (hereinafter referred to as "Infobird HK") and a company signed a new business contract, aiming to cooperate in software and IT system development, with a total value of US$1.8 million.

INFOBIRD CO., LTD ANNOUNCES NEW BUSINESS COOPERATION IN INFORMATION TECHNOLOGY SYSTEM SOFTWARE DEVELOPMENT

HONG KONG , Dec. 7, 2023 /PRNewswire/ – Infobird Co., Ltd (NASDAQ: IFBD) ("Infobird" or the "Company"), a software-as-a-service provider of AI-powered customer engagement solutions in China, today announced that it received a notification letter (the "Notice") from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") on December 5, 2023 notifying the Company that it has regained compliance with the Nasdaq Capital Market's minimum bid price requirement and that the matter is now closed. On September 12, 2023, the Company was notified by Nasdaq of its failure to maintain a minimum closing bid price of at least $1.00 per share for 30 consecutive trading days under Nasdaq Listing Rules 5550(a)(2) and 5810(c)(3)(A), and was given 180 days, or until March 11, 2024, to regain compliance.

Infobird Co., Ltd Regains Compliance with Nasdaq Minimum Bid Price Requirement

HONG KONG , Nov. 16, 2023 /PRNewswire/ -- Infobird Co., Ltd (NASDAQ: IFBD) ("Infobird" or the "Company"), a software-as-a-service provider of innovative AI-powered, or artificial intelligence enabled, customer engagement solutions, today announced that the annual general meetings of the shareholders held on Wednesday, November 15, 2023, at Unit 532A, 5/F, Core Building 2, No. 1 Science Park West Avenue, Hong Kong Science Park, Tai Po, N.T.

Infobird Co., Ltd Announces 1-for-20 Share Consolidation and Increase of Authorized Share Capital

HONG KONG , Sept. 18, 2023 /PRNewswire/ -- Infobird Co., Ltd (NASDAQ: IFBD) ("Infobird" or the "Company"), a software-as-a-service provider of innovative AI-powered, or artificial intelligence enabled, customer engagement solutions, today announced that it received a delinquency notification letter (the "Notice") from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") on September 12, 2023 indicating that the Company is not currently in compliance with the minimum bid price requirement set forth in Nasdaq's Listing Rules for continued listing on the Nasdaq Capital Market, as the closing bid price for the Company's ordinary shares listed on the Nasdaq Capital Market was below $1.00 per share for 30 consecutive business days.

Infobird Co., Ltd Announces Receipt of Delinquency Notification Letter from Nasdaq

BEIJING , July 19, 2023 /PRNewswire/ -- Infobird Co., Ltd (Nasdaq: IFBD) ("Infobird" or the "Company"), a software-as-a-service provider of AI-powered customer engagement solutions in China, today announced its decision to relocate its operations from Beijing to the Hong Kong Special Administrative Region. This strategic move comes in response to the board of directors' judgement of current business situation and economic environment, as well as the Company's commitment to expand globally.

Infobird to Expand Global Presence with Relocation of Operations to Hong Kong

Infobird (NASDAQ: IFBD ) stock is gaining on Thursday even without any recent news from the software-as-a-service provider. Investors looking for information behind the IFBD stock rally today won't find much.

Why Is Infobird (IFBD) Stock Up 44% Today?

BEIJING , May 12, 2023 /PRNewswire/ -- Infobird Co., Ltd (NASDAQ: IFBD) ("Infobird" or the "Company"), a software-as-a-service provider of AI-powered customer engagement solutions in China, today announced that it plans to implement a 1-for-5 share consolidation of its ordinary shares (the "Share Consolidation"), effective on May 15, 2023. Beginning with the opening of trading on May 15, 2023, the Company's ordinary shares will begin trading on a post-Share Consolidation basis on the Nasdaq Capital Market under the same symbol "IFBD", but under a new CUSIP number of G47724110.

Infobird Co., Ltd Announces 1-for-5 Share Consolidation

BEIJING , May 1, 2023 /PRNewswire/ -- Infobird Co., Ltd (Nasdaq: IFBD) ("Infobird," or the "Company"), a software-as-a-service provider of AI-powered customer engagement solutions in China, today announced it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2022, with the U.S. Securities and Exchange Commission (the "SEC"). The annual report on Form 20-F, which contains Infobird's audited consolidated financial statements for the fiscal year ended December 31, 2022, can be accessed through the SEC's website at www.sec.gov or Infobird's website at https://www.infobird.com/.

Infobird Co., Ltd Announces Filing of 2022 Annual Report on Form 20-F

BEIJING , April 24, 2023 /PRNewswire/ -- Infobird Co., Ltd (NASDAQ: IFBD) ("Infobird" or the "Company"), a leading provider of AI-powered customer engagement solutions in China, today announced that it has recently integrated ChatGPT to upgrade its artificial intelligence customer service system. ChatGPT, as one of the leading AIGC technologies, has been widely applied in fields such as natural language processing and machine learning.

Infobird Integrated ChatGPT to Upgrade Its Intelligent Customer Service System and Successfully Launched Product in China

BEIJING , Feb. 24, 2023 /PRNewswire/ -- Infobird Co., Ltd (NASDAQ: IFBD) ("Infobird" or the "Company"), a leading and long-standing SaaS providers in serving large enterprises in the finance industry in customer engagement with over 10 years of experience in China, today announced the pricing of its registered direct offering ("Offering") of 3,846,000 units, with each unit consisting of one ordinary share and 0.65 warrant to purchase one ordinary share. Each unit was sold at a price of $1.30.

Infobird Co., Ltd Announces Pricing of $5 Million Registered Direct Offering

BEIJING , Sept. 19, 2022 /PRNewswire/ -- Infobird Co., Ltd (NASDAQ: IFBD) ("Infobird" or the "Company"), a leading provider of AI-powered customer engagement solutions in China, today announced that it has recently engaged with a well-known taxi enterprise in China.

Infobird Engaged by Established Taxi Enterprise in China to Build its Digitalized Customer Service Platform

BEIJING , Sept. 12, 2022 /PRNewswire/ -- Infobird Co., Ltd (NASDAQ: IFBD) ("Infobird" or the "Company"), a leading provider of AI-powered customer engagement solutions in China, today announced that it has recently engaged with a globally well-known multinational enterprise to deploy its digital SaaS product "Retail Rubik's Cube", developed by Shanghai Qishuo Network Technology Co., Ltd, a subsidiary of Infobird.

Infobird Engaged with Global Multinational Enterprise to Drive the Digital Transformation in the Food Service Distribution Industry

A 1-for-5 reverse split of Infobird (IFBD) went into effect. These are the details.

Infobird (IFBD) Stock: 1-For-5 Reverse Split Goes Into Effect

BEIJING , Aug. 9 , 2022 /PRNewswire/ -- Infobird Co., Ltd (NASDAQ: IFBD) ("Infobird" or the "Company"), a leading provider of AI-powered customer engagement solutions in China, today announced that its subsidiary, Shanghai Qishuo Network Technology Co., Ltd. ("Shanghai Qishuo"), has engaged with one of the world's top sports footwear brand to enhance its digital analysis at brand stores in China.

Infobird's Subsidiary, Shanghai Qishuo, Engaged with World-Renowned Sports Footwear and Apparel Brand, to Deploy its Core Product "Retail Cube" to Enhance the Digital Analysis at Brand Stores in China

BEIJING , July 27, 2022 /PRNewswire/ -- Infobird Co., Ltd (NASDAQ: IFBD) ("Infobird" or the "Company"), a leading provider of AI-powered customer engagement solutions in China, today announced that it has been engaged by Shanghai Ximalaya Technology Co., Ltd ("Ximalaya"), a leader in China's online audio industry, to optimize Ximalaya's service quality and improve customer experience by utilizing Infobird's "Intelligent Interactive Training" solution. This agreement represents Infobird's entry into the expanding online audio industry in China, and opens a new chapter for both parties to work together to deepen cooperation, and promote high-quality user services.

Infobird Co., Ltd Engaged by Shanghai Ximalaya Technology Co. Ltd. to Deploy its Intelligent Interactive Training Solution to Upgrade the Customer Experience in the Growing "Online Audio Economy"

Entry into Singapore Market Represents Company's Initial International Expansion Effort BEIJING , July 19, 2022 /PRNewswire/ -- Infobird Co., Ltd (NASDAQ: IFBD) ("Infobird" or the "Company"), a leading provider of AI-powered customer engagement solutions in China, today announced that it has signed a channel partner agreement with Harbor Private Limited, a company based in Singapore that focuses on providing software services to enterprises. Based on the channel agreement, Harbor Private Limited will be responsible for the sales of Infobird's intelligent interactive training SaaS products in the Singapore market.

Infobird Co., Ltd Embarks on International Expansion with Singapore Based Channel Partner

BEIJING , June 29, 2022 /PRNewswire/ -- Infobird Co., Ltd (NASDAQ: IFBD) ("Infobird" or the "Company"), a leading provider of AI-powered customer engagement solutions in China, today announced that it has started to provide services to a leading global pharmaceutical and vaccine manufacturer's subsidiary with operations in China. Under this cooperation, Infobird will leverage its AI Chatbots and experience in the healthcare industry to provide dedicated support for the client's digital and intelligent customer engagement initiative designed to support the client's patient notification process for vaccines including COVID-19, HPV and various childhood vaccines.

Infobird Co., Ltd Provides Digital and Intelligent Customer Engagement Solution to Enhance Patient Vaccination Notification Services for a Top-10 Global Pharmaceutical Company's Subsidiary

News for Infobird Co Ltd Stock (IFBD)