Baijiayun Group Ltd

Baijiayun Group Ltd. engages in the development, manufacture, and distribution of plastic film using the biaxially-oriented polyethylene terephthalate (BOPET) film. Its BOPET film is used for packaging food, medicine, cosmetics, tobacco, and alcohol, as well as in the imaging, electronics, and magnetic products industries. The company was founded on August 9, 2004 and is headquartered in Weifang, China.

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Baijiayun Group Ltd. engages in the provision of artificial intelligence video solutions. It offers software as a service (SaaS) and platform as a service (PaaS). The company was founded in August 9, 2004 and is headquartered in Nanjing, China.

BEIJING , Dec. 24, 2024 /PRNewswire/ -- Baijiayun Group Ltd ("Baijiayun" or the "Company") (NASDAQ: RTC), a one-stop AI video solution provider, today announced that it will attend the 2024 AIGC Summit soon. Recently, the 2024 AIGC Summit, hosted by "Jixin", a venture capital and industry research media that focuses on industrial AI, is about to kick off.

Yu Liu, Vice President of Baijiayun, to Attend 2024 Jixin AIGC Summit for Exploring New Industry Landscape

BEIJING , Dec. 20, 2024 /PRNewswire/ -- Baijiayun Group Ltd ("Baijiayun" or the "Company") (NASDAQ: RTC), a one-stop AI video solution provider, today announced it's "DuanXunBao" has ushered in a winter refresh and upgrade recently. Recently, Duanxunbao, a new-generation knowledge delivery tool under Baijiayun, has undergone meticulous refinement and a comprehensive upgrade, and has recently launched a series of innovative features.

Expand the Boundaries of Technology and Service, Baijiayun's "DuanXunBao" Ushered in a Winter Refresh and Upgrade

BEIJING , Dec. 17, 2024 /PRNewswire/ -- Baijiayun Group Ltd ("Baijiayun" or the "Company") (NASDAQ: RTC), a one-stop AI video solution provider, today announced Henan Xinhua Bookstore has visited Baijiayun recently. Recently, the relevant leaders and representative teams of Henan Xinhua Bookstore visited Baijiayun.

Henan Xinhua Bookstore Visited Baijiayun and Jointly Explored New Paths for the Integration of Culture and Education

BEIJING , Dec. 14, 2024 /PRNewswire/ -- Baijiayun Group Ltd ("Baijiayun" or the "Company") (NASDAQ: RTC), a one-stop AI video solution provider, today announced it was honored with the title of "Exclusive Member Unit". In recent days, the First Council of the Artificial Intelligence Education Professional Committee of the Beijing Educational Informationization Industry Alliance and the 2024 Symposium on Artificial Intelligence Empowering the Innovative Development of Primary and Secondary Schools were successfully held at the Affiliated Experimental School of Beijing Institute of Technology.

Baijiayun was honored with the title of "Exclusive Member Unit" by the Beijing Educational Informationization Industry Alliance.

BEIJING , Dec. 11, 2024 /PRNewswire/ -- Baijiayun Group Ltd ("Baijiayun" or the "Company") (NASDAQ: RTC), a one-stop AI video solution provider, today announced it has recently upgraded the BRTC HarmonyOS SDK. As a leading domestic one-stop AI video technology service provider, Baijiayun closely follows the industry technology trend and has recently upgraded the BRTC HarmonyOS SDK to provide customers with stronger audio and video technology support.

Baijiayun Upgrades BRTC HarmonyOS SDK to Promote the Development of HarmonyOS Ecosystem

NEW YORK, Dec. 10, 2024 (GLOBE NEWSWIRE) -- Baijiayun Group Ltd ("Baijiayun" or the "Company") (NASDAQ: RTC), a one-stop AI video solution provider, on December 6, 2024, announced that it has entered into a Standby Equity Purchase Agreement (the "SEPA"), with YA II PN, Ltd. ("YA"), a fund managed by Yorkville Advisors Global, LP. Subject to the terms and conditions set forth in the the SEPA, YA is committed to purchase up to $50 million (the "Commitment Amount") of the Company's Class A Ordinary Shares (the "Shares") at any time during the two-year period following the execution date of the SEPA, by delivering written notice to YA (an "Advance Notice"). Pursuant to the SEPA, YA will advance to the Company, subject to the satisfaction of certain conditions as set forth therein, the principal amount of up to $15 million (the "Pre-Paid Advance"), which will be evidenced by convertible promissory notes (the "Promissory Notes", together with the "SEPA", the "Offering") in four tranches. The first Pre-Advance, in the principal amount of $3,000,000, was advanced December 6, 2024 in connection with the execution of the SEPA, and is subject to a 10% discount to the principal amount of such Promissory Note.

D. Boral Capital Acted as Exclusive Placement Agent to Baijiayun Group Ltd (Nasdaq: RTC) in connection with its up to $15 Million Convertible Promissory Notes and $50 Million Standby Equity Purchase Agreement

BEIJING , Dec. 6, 2024 /PRNewswire/ -- Baijiayun Group Ltd ("Baijiayun" or the "Company") (NASDAQ: RTC), a one-stop AI video solution provider, today announced that it has entered into a Standby Equity Purchase Agreement (the "SEPA"), with YA II PN, Ltd. ("YA"), a fund managed by Yorkville Advisors Global, LP.

Baijiayun Announces Up To $15 Million Convertible Promissory Notes And $50 Million Standby Equity Purchase Agreement

BEIJING , Dec. 3, 2024 /PRNewswire/ -- Baijiayun Group Ltd ("Baijiayun" or the "Company") (NASDAQ: RTC), a one-stop AI video solution provider, today announced it was honored the " Best Digital and Intelligent Learning Tool Service Provider ". From November 20th to 21st, the "AI + Education Innovation and Talent Development Summit Forum", co-organized by the Zhongguancun Internet Education Innovation Center, the Digital and Intelligent Education Chamber of Commerce and other units, was grandly held at the Zhongguancun International Innovation Center in Beijing.

Baijiayun was honored with the title of "Best Digital and Intelligent Learning Tool Service Provider", helping to drive the innovative development of AI + education

Alibaba

BEIJING , Nov. 28, 2024 /PRNewswire/ -- Baijiayun Group Ltd ("Baijiayun" or the "Company") (NASDAQ: RTC), a one-stop AI video solution provider, today announced it has recently officially reached an ecological cooperation with DingTalk, a leading enterprise service platform under Alibaba Group. Relying on its in-depth accumulation and technological innovation in the field of AI digitalization, Baijiayun has officially obtained the honorary certification of "DingTalk Industry Service Provider".

Baijiayun Has Reached An Ecological Cooperation with DingTalk, the Collaboration Platform Under Alibaba, and Has Obtained the Honorary Certification of "DingTalk Industry Service Provider"

BEIJING , Nov. 26, 2024 /PRNewswire/ -- Baijiayun Group Ltd ("Baijiayun" or the "Company") (NASDAQ: RTC), a one-stop AI video solution provider, recently announced it has completed autumn upgrade of "DuanXunBao". Recently, the new-generation knowledge delivery tool, "DuanXunBao", has completed its autumn refresh and upgrade.

Empowering Knowledge Monetization, Baijiayun's "DuanXunBao" Has Completed Its Autumn Upgrade

BEIJING , Nov. 21, 2024 /PRNewswire/ -- Baijiayun Group Ltd ("Baijiayun" or the "Company") (NASDAQ: RTC), a one-stop AI video solution provider, recently announced it has completed autumn upgrade. Driven by both technological development and market demands, the audio and video technology service market has entered a period of intensive cultivation and development.

Continuously optimize user experience, Baijiayun's live and on-demand products complete autumn upgrade

BEIJING , Nov. 19, 2024 /PRNewswire/ -- Baijiayun Group Ltd ("Baijiayun" or the "Company") (NASDAQ: RTC), a one-stop AI video solution provider, recently made contributions to the " Urban and Rural School Community " project. On November 11th, the training work for the "Urban and Rural School Community" project was held at the Fangzhuang Campus of the Beijing No.18 Middle School.

Baijiayun Contributes to the "Urban and Rural School Community" Project, Empowering an Infinite Future for Smart Education

BEIJING , Nov. 14, 2024 /PRNewswire/ -- Baijiayun Group Ltd ("Baijiayun" or the "Company") (NASDAQ: RTC), a one-stop AI video solution provider, today announced it was awarded the "2024 Future Medical Technology Leader". The 2024 Future Medical Technology Conference was grandly held in Beijing.

Baijiayun Was Awarded the "2024 Future Medical Technology Leader" and Gained Another Industry Recognition

BEIJING , Nov. 12, 2024 /PRNewswire/ -- Baijiayun Group Ltd ("Baijiayun" or the "Company") (NASDAQ: RTC), a one-stop AI video solution provider, recently presented at GET2024 Education Technology Conference. November 11, 2024, the GET2024 Education Technology Conference, hosted by "Jiemodui", a well-known domestic vertical media in the education industry, grandly opened at the Beijing International Convention Center.

Creat a New Mode of "AI + Live Streaming", Baijiayun Presents at GET2024 Education Technology Conference

BEIJING , Nov. 7, 2024 /PRNewswire/ -- Baijiayun Group Ltd ("Baijiayun" or the "Company") (NASDAQ: RTC), a one-stop AI video solution provider, today announced it was awarded the "2024 Technological Innovative Educational Product". The 9th Annual Ceremony of Education Leader was held in Shanghai.

Baijiayun was awarded the "2024 Technological Innovative Educational Product", leading the cutting-edge trend of the education AI industry

BEIJING , Nov. 5, 2024 /PRNewswire/ -- Baijiayun Group Ltd ("Baijiayun" or the "Company") (NASDAQ: RTC), a one-stop AI video solution provider, today announced its CEO of Baijiayun, Mr Yi Ma, was awarded the "Outstanding Elite in Artificial Intelligence for 2024". Recently, the "AIAC 2024 Artificial Intelligence Application Conference" was held in Beijing.

The CEO of Baijiayun, Mr Yi Ma, was awarded the "Outstanding Elite in Artificial Intelligence for 2024"

BEIJING , Nov. 1, 2024 /PRNewswire/ -- Baijiayun Group Ltd ("Baijiayun" or the "Company") (NASDAQ: RTC), a one-stop AI video solution provider, was selected into the list of "TOP 30 AI Education Technology Products". Recently, the First Artificial Intelligence Education Application Forum and the Exhibition of AI Education Technology Achievements, hosted by the Beijing Educational Information Industry Alliance, and under the guidance of the Artificial Intelligence and Robot Education Committee of the China Society for Educational Development Strategy hosted, was grandly held in Beijing.

Creating a New Generation of Knowledge Delivery Tool of "DaunXunBao", Baijiayun Ranked "TOP 30 AI Education Technology Products"

BEIJING , March 18, 2024 /PRNewswire/ -- Baijiayun Group Ltd ("Baijiayun" or the "Company") (Nasdaq: RTC), a one-stop AI video solution provider, today announced that it received a notification letter dated March 14, 2024 (the "Notification Letter") from the Listing Qualifications Department of The Nasdaq Stock Market LLC (the "Nasdaq"), indicating that the Company is not in compliance with the minimum bid price requirement set forth in Rule 5450(a)(1) of the Nasdaq Listing Rules as the closing bid price of the Company's Class A ordinary share (the "Share") has been below US$1.00 per Share for a period of 30 consecutive trading days. The Notification Letter has no immediate impact on the Company's listing on the Nasdaq Global Market.

Baijiayun Group Ltd Announces Receipt of Nasdaq Notice

BEIJING , Jan. 30, 2024 /PRNewswire/ -- BaiJiaYun, a U.S. stock-listed company (stock code: RTC), today officially announced its deep cooperation with ZhongkeRuijian Technology Co., Ltd. (hereinafter referred to as ZhongkeRuijian).

Actively Exploring the Boundaries of Industrial Cooperation, BaiJiaYun and ZhongkeRuijian Signed Strategic Cooperation Agreement

BEIJING , Jan. 22, 2024 /PRNewswire/ -- Baijiayun Group Ltd ("Baijiayun" or the "Company") (Nasdaq: RTC), a one-stop AI video solution provider, today announced changes in its management and board of directors (the "Board"). Mr. Gangjiang Li has resigned as a member and chairman of the Board, a member and chairman of the compensation committee of the Board and the chief executive officer of the Company for personal reasons, effective from January 22, 2024.

Baijiayun Announces Changes in Management and Board of Directors

BEIJING , Nov. 17, 2023 /PRNewswire/ -- Baijiayun Group Ltd ("Baijiayun" or the "Company") (Nasdaq: RTC), a one-stop AI video solution provider, today announced that it received a notification letter dated November 16, 2023 (the "Notification Letter") from Nasdaq Listing Qualifications ("Nasdaq"), stating that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) since the Company did not timely file its annual report on Form 20-F for the fiscal year ended June 30, 2023 (the "2023 Annual Report"). Pursuant to the Nasdaq Listing Rules, the Company has 60 calendar days from the date of the Notification Letter, or until January 16, 2024, to submit a plan to regain compliance (the "Compliance Plan").

Baijiayun Receives Nasdaq Notification Regarding Late Filing of 2023 Annual Report

BEIJING , Oct. 17, 2023 /PRNewswire/ -- Baijiayun Group Ltd ("Baijiayun" or the "Company") (Nasdaq: RTC), a one-stop AI video solution provider, today announced a change in its management. Mr. Yong Fang has tendered his resignation as the chief financial officer of the Company, effective from October 16, 2023.

Baijiayun Announces Change in Management

Presentation on Wednesday, October 4th at 2:00 PT Beijing, China--(Newsfile Corp. - September 28, 2023) - Baijiayun Group (NASDAQ: RTC), Baijiayun Group, a one-stop AI video solution provider, announced today that it will be presenting at the 16th annual Main Event on Wednesday, October 4th at 2:00 PT at the Luxe Sunset Boulevard Hotel. Yong Fang, CFO, will be giving the presentation.

Baijiayun Group Announces Participation in the LD Micro Main Event XVI

BEIJING, Sept. 28, 2023 /PRNewswire/ -- Baijiayun Group Ltd ("Baijiayun" or the "Company") (Nasdaq: RTC), a one-stop AI video solution provider, today announced that CFO, Mr.

Baijiayun to Present at 2023 LD Micro Main Event XVI

BEIJING , Aug. 31, 2023 /PRNewswire/ -- Baijiayun Group Ltd ("Baijiayun" or the "Company") (Nasdaq: RTC), a one-stop AI video solution provider, today announced the launch of its state-of-the-art large language model ("LLM") product "Questwave" for artificial intelligence generated content ("AIGC") across a wide range of application scenarios. Questwave is a powerful one-stop AIGC platform with a suite of applications that include LLM AI-driven customer service, formal document drafting, personal AI assistant, digital human interactive live streaming, and marketing content support.

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