Cloopen Group Holding Limited

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Cloopen Group Holding Ltd. provides cloud based communications solutions. It offers covering communications platform as a service (CpaaS), cloud based contact centers, and cloud based unified communications and collaborations. The company provides services to all sizes of industries, including Internet, telecommunications, financial services, education, industrial manufacturing, and energy. Cloopen Group Holding was founded by Chang Xun Sun on January 3, 2014 and is headquartered in Beijing, China.

BEIJING , Feb. 27, 2024 /PRNewswire/ -- Cloopen Group Holding Limited (OTC: RAASY) ("Cloopen" or the "Company") today announced that it filed its annual report on Form 20-F (the "Annual Report") for the fiscal year ended December 31, 2021 with the U.S. Securities and Exchange Commission (the "SEC") on February 27, 2024. The annual report on Form 20-F, which contains the Company's audited financial statements, can be accessed on the SEC's website at http://www.sec.gov as well as via the Company's investor relations website at https://ir.yuntongxun.com.

Cloopen Files Annual Report on Form 20-F for Fiscal 2021

BEIJING , Feb. 7, 2024 /PRNewswire/ -- Cloopen Group Holding Limited (OTC: RAASY) ("Cloopen" or the "Company") today announced that it has reached a settlement (the "Settlement") with the U.S. Securities and Exchange Commission (the "SEC") regarding the employee misconduct and transaction irregularities disclosed in the press release issued by the Company on May 3, 2022. In settling this matter, the SEC considered the Company's prompt self-reporting to the SEC staff, and the substantial cooperation provided by the Company throughout its investigation.

Cloopen Reaches Settlement with U.S. Securities and Exchange Commission

BEIJING , Dec. 1, 2023 /PRNewswire/ -- Cloopen Group Holding Limited (OTC: RAASY) ("Cloopen" or the "Company") today announced changes in the composition of its board of directors (the "Board"). The Company received a letter of resignation dated November 30, 2023 from each of Mr.

Cloopen Announces Changes in Board Composition

BEIJING , Oct. 26, 2023 /PRNewswire/ -- Cloopen Group Holding Limited (OTC: RAASY) ("Cloopen" or the "Company") today announced that on October 25, 2023, it received the final delisting determination from the committee for review (the "Committee") of the board of directors of the New York Stock Exchange LLC (the "NYSE"). On May 18, 2023, the Company received a notice from the NYSE regarding the commencement of delisting proceedings of the Company's American depositary shares (the "ADSs") on the basis that the Company failed to file its annual reports on Form 20-F for the years ended December 31, 2021 and December 31, 2022 and current report on Form 6-K for the half year ended June 30, 2022 by May 17, 2023, which was the maximum time allowed under Section 802.01E of the NYSE's Listed Company Manual (the "Determination").

Cloopen Receives NYSE's Final Delisting Determination

BEIJING , June 30, 2023 /PRNewswire/ -- Cloopen Group Holding Limited (OTC: RAASY) ("Cloopen" or the "Company") today announced that the New York Stock Exchange ("NYSE") has scheduled a hearing for October 12, 2023 to review the Company's appeal against the NYSE Regulation staff's determination to delist the Company's American depositary shares. The Company will keep the market informed of any significant developments related to this matter.

NYSE Schedules Hearing to Review Cloopen's Appeal against Delisting Determination

BEIJING, June 14, 2023 /PRNewswire/ -- Cloopen Group Holding Limited (OTC: RAASY) ("Cloopen" or the "Company") today announced that, on June 5, 2023, it entered into a binding term sheet (the "Term Sheet") for the settlement of class action lawsuits commenced in April 2021 in the New York Supreme Court (captioned Sonny St. John v. Cloopen Group Holding Limited et al., Index No. 652617/2021 (N.Y. Sup. Ct. N.Y. Cnty.)) and in December 2021 in the United States District Court for the Southern District of New York (captioned Dong v. Cloopen Group Holding Limited et al., Case No. 1:21-cv-10610-JGK-RWL (S.D.N.Y.)), collectively alleging claims for violations of Sections 11, 12(a)(2) and 15 of the Securities Act of 1933 and Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.

Cloopen Enters into Binding Term Sheet to Settle U.S. Securities Class Actions

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