Puhui Wealth Investment Management Co Ltd

Puhui Wealth Investment Management Co. Ltd. is a third-party wealth management service provider. It focuses on marketing financial products and managing funds for individuals and corporate clients in the People’s Republic of China. The company was founded by Zhe Ji in 2013 and is headquartered in Dong Cheng, China.

BEIJING, China, Dec. 09, 2022 (GLOBE NEWSWIRE) -- Puhui Wealth Investment Management Co., Ltd. (Nasdaq: PHCF) (“Puhui” or the “Company”), a China-based third-party wealth management service provider with a focus on wealth management services for high net worth (“HNW”) individuals and corporate clients, today announced the effective date of a share consolidation of the Company (the “Share Consolidation”), where every six (6) issued and unissued existing ordinary shares of US$0.001 par value each will be consolidated into one ordinary share of a par value of US$0.006 each and every six (6) issued and unissued preferred shares of US$0.001 par value each will be consolidated into one preferred share of a par value of US$0.006 each. All fractional shares will be rounded up to the next whole number.

Puhui Wealth Investment Management Co., Ltd. Announces Effectiveness of Share Consolidation at the Ratio of 1-for-6

BEIJING, China, Nov. 29, 2022 (GLOBE NEWSWIRE) -- Puhui Wealth Investment Management Co., Ltd. (Nasdaq: PHCF) (“Puhui” or the “Company”), a China-based third-party wealth management service provider with a focus on wealth management services for high net worth (“HNW”) individuals and corporate clients, today announced that the Company had received a determination letter (the “Letter”) on November 22, 2022 from the Hearings Panel (“Panel”) of The Nasdaq Stock Market LLC (“Nasdaq”) granting the request of the Company to continue its listing on Nasdaq pursuant to an exception to the continued listing requirements, subject to the following conditions: (1) on or before December 30, 2022, the Company will demonstrate compliance with Listing Rule 5550(a)(2), and (2) on or before February 15, 2023, the Company will have filed a Form 20-F for the fiscal year ended June 30, 2022, with U.S. Securities and Exchange Commission (“SEC”). Any failure to meet the final deadlines established in this determination will result in an immediate delisting of the Company. It is a requirement during the exception period that the Company provide prompt notification of any significant events that occur during this time that may affect the Company's compliance with Nasdaq requirements. This includes, but is not limited to, any event that may call into question the Company's ability to meet the terms of the exception granted.

Puhui Wealth Investment Management Co., Ltd. Announces Receipt of Nasdaq Hearings Panel's Determination Notification

BEIJING, China, Nov. 21, 2022 (GLOBE NEWSWIRE) -- Puhui Wealth Investment Management Co., Ltd. (Nasdaq: PHCF) (“Puhui” or the “Company”), a China-based third-party wealth management service provider with a focus on wealth management services for high net worth (“HNW”) individuals and corporate clients, today announced that the Company had received a staff determination letter (the “Letter”) on November 16, 2022 from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company of its noncompliance with the Nasdaq Listing Rule 5250 (c)(1) for continued listing due to its failure to file its Form 20-F for the fiscal year ended June 30, 2022, which serves as an additional basis for delisting the Company's securities from The Nasdaq Stock Market in addition to the Company's noncompliance with the Nasdaq's minimum bid price requirement under the Nasdaq Listing Rule 5550(a)(2) (the “5550 Rule”) as previously disclosed on a Form 6-K filed by the Company on April 22, 2022 and October 17, 2022, respectively.

Puhui Wealth Investment Management Co., Ltd. Announces Receipt of Nasdaq Deficiency Notification

BEIJING, China, Nov. 21, 2022 (GLOBE NEWSWIRE) -- Puhui Wealth Investment Management Co., Ltd. (Nasdaq: PHCF) (“Puhui” or the “Company”), a China-based third-party wealth management service provider with a focus on wealth management services for high net worth (“HNW”) individuals and corporate clients, today announced the completion of its 2022 extraordinary general meeting of shareholders which was held on November 15, 2022 at the Company's headquarters located at Room 603, 6th Floor, Dingxin Building, 27 Guangqumen Nei Street, Dongcheng District, Beijing, People's Republic of China, 100062 (“2022 Extraordinary General Meeting”).

Puhui Wealth Investment Management Co., Ltd. Announces Results of 2022 Extraordinary General Meeting of Shareholders

BEIJING, China, Oct. 17, 2022 (GLOBE NEWSWIRE) -- Puhui Wealth Investment Management Co., Ltd. (Nasdaq: PHCF) (“Puhui” or the “Company”), a China-based third-party wealth management service provider with a focus on wealth management services for high net worth (“HNW”) individuals and corporate clients, today announced that the Company had received a staff determination letter (the “Letter”) on October 11, 2022 from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company of the determination of the Nasdaq staff (the “Staff”) that because the Company had not regained compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) (the “Rule”) and was not eligible for a second 180 day period, unless the Company requests an appeal of this determination, the Company's ordinary shares would be scheduled for delisting from The Nasdaq Capital Market and would be suspended at the opening of business on October 20, 2022.

Puhui Wealth Investment Management Co., Ltd. Announces Receipt of Nasdaq Delisting Notification and Plans to Appeal

BEIJING, China, July 01, 2022 (GLOBE NEWSWIRE) -- Puhui Wealth Investment Management Co., Ltd. (Nasdaq: PHCF) (“Puhui” or the “Company”), a China-based third-party wealth management service provider with a focus on wealth management services for high net worth (“HNW”) individuals and corporate clients, today announced its financial results for the six months ended December 31, 2021. The Company also filed these results on Form 6-K with the Securities and Exchange Commission, which can be viewed at www.sec.gov. All amounts in this press release are in USD unless otherwise noted.

Puhui Wealth Investment Management Co., Ltd. Announces Financial Results for the Six Months Ended December 31, 2021

BEIJING, China, April 22, 2022 (GLOBE NEWSWIRE) -- Puhui Wealth Investment Management Co., Ltd. (NASDAQ: PHCF) (“Puhui” or the “Company”), a China-based third-party wealth management service provider with a focus on wealth management services for high net worth (“HNW”) individuals and corporate clients, today announced that the Company had received a notification letter (the “Notification Letter”) dated April 13, 2022 from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) regarding a failure to meet Nasdaq's minimum bid price requirements. The Notification Letter informed the Company that the minimum closing bid price per share for its ordinary shares was below $1.00 for a period of 30 consecutive business days and that the Company did not meet the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2). This press release is issued pursuant to Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of a deficiency notification.

Puhui Wealth Investment Management Co., Ltd. Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Deficiency

BEIJING, Dec. 30, 2021 (GLOBE NEWSWIRE) -- Puhui Wealth Investment Management Co., Ltd. (Nasdaq: PHCF) (“Puhui” or the “Company”), a third-party wealth management service provider with a focus on wealth management services for high net worth individuals and corporate clients, today announced the completion of its 2021 annual general meeting of shareholders which was held on December 30, 2021 at the Company's headquarters located at Rooms 801 and 802, 8th Floor, W1 Office Building, Oriental Commerce Tower, No.1 Chang An Street, Dong Cheng District, Beijing, PRC 100006.

Puhui Wealth Investment Management Co., Ltd. Announces Results of 2021 Annual General Meeting of Shareholders

BEIJING, Oct. 29, 2021 /PRNewswire/ -- Puhui Wealth Investment Management Co., Ltd. (Nasdaq: PHCF) ("Puhui" or the "Company"), a third-party wealth management service provider with a focus on wealth management services for high net worth ("HNW") individuals and corporate clients, today announced its financial results for the year ended June 30, 2021.

Puhui Wealth Investment Management Co., Ltd. Announces Financial Results for the Fiscal Year Ended June 30, 2021

BEIJING, Aug. 24, 2021 /PRNewswire/ -- Puhui Wealth Investment Management Co., Ltd. (Nasdaq: PHCF) ("Puhui" or the "Company"), a third-party wealth management service provider with a focus on wealth management services for high net worth individuals and corporate clients, today announced that it closed a registered offering of a 10% Original Issue Discount Convertible Subordinated Debenture in the principal amount of $2,750,000 ("Debenture") as of August 20, 2021.

Puhui Wealth Investment Management Co., Ltd. Announces Closing of $2,750,000 Registered Offering of Debenture

BEIJING, June 29, 2021 /PRNewswire/ -- Puhui Wealth Investment Management Co., Ltd. (Nasdaq: PHCF) ("Puhui" or the "Company"), a third-party wealth management service provider with a focus on wealth management services for high net worth ("HNW") individuals and corporate clients, today announced its financial results for the six months ended December 31, 2020.

Puhui Wealth Investment Management Co. Ltd. Announces Financial Results for the Six Months Ended December 31, 2020

The stock price of Puhui Wealth Investment Management Co Ltd (NASDAQ: PHCF) is trading at over 30% pre-market as of 5:50 AM ET. This is why it happened.

PHCF Stock Price Increases over 30% Pre-Market: Why It Happened

BEIJING, Dec. 31, 2020 /PRNewswire/ -- Puhui Wealth Investment Management Co., Ltd. ("Puhui" or the "Company") (Nasdaq: PHCF), a third-party wealth management service provider, today announced the completion of its 2020 annual general meeting of shareholders which was held on December 30,...

Puhui Wealth Investment Management Co., Ltd. Announces Results of 2020 Annual General Meeting of Shareholders

BEIJING, Oct. 30, 2020 /PRNewswire/ -- Puhui Wealth Investment Management Co., Ltd. (Nasdaq: PHCF) ("Puhui" or the "Company"), a third-party wealth management service provider with a focus on wealth management services for high net worth ("HNW") individuals and corporate clients, today...

Puhui Wealth Investment Management Co. Ltd. Announces Financial Results for the Fiscal Year Ended June 30, 2020

BEIJING, June 9, 2020 /PRNewswire/ -- Puhui Wealth Investment Management Co., Ltd. (Nasdaq: PHCF) ("Puhui" or the "Company"), a third-party wealth management service provider with a focus on wealth management services for high net worth ("HNW") individuals and corporate clients, today...

News for Puhui Wealth Investment Management Co Ltd Stock (PHCF)