MultiMetaVerse Holdings
MMV
Market cap $12.2M

0.3701 USD

-0.0133

3.47%

Updated Nov 19, 9:44 AM EST

1 day

-3.47%

5 days

-3.77%

1 month

-12.11%

3 months

-35.70%

6 months

-72.17%

Year to date

-68.64%

1 year

-74.30%

5 years

-94.21%

10 years

-94.21%

About: MultiMetaVerse Holdings Ltd is an animation and entertainment company. It is devoted to establishing an open community for its global users comprised of animation viewers, game players, and content creators and to providing high-quality and immersive entertainment experiences by way of original content, user-generated content, and professional user-generated content.

Employees: 81

0

Funds holding %

of 6,735 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

0.26% less ownership

Funds ownership: 0.37% [Q2] → 0.12% (-0.26%) [Q3]

50% less funds holding

Funds holding: 4 [Q2] → 2 (-2) [Q3]

67% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 3

70% less capital invested

Capital invested by funds: $73.6K [Q2] → $21.7K (-$51.9K) [Q3]

100% less repeat investments, than reductions

Existing positions increased: 0 | Existing positions reduced: 1

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Research analyst outlook

We haven’t received any recent analyst ratings for MMV.

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Financial journalist opinion

MultiMetaVerse Holdings Limited Receives Nasdaq Notification Regarding Minimum Bid Price and Minimum Market Value of Listed Securities

SHANGHAI, Oct. 18, 2024 (GLOBE NEWSWIRE) -- MultiMetaVerse Holdings Limited (the “Company”) received a letter from The Nasdaq Stock Market LLC (“Nasdaq”) stating that the Company was not in compliance with the minimum bid price of $1.00 per share requirement under Nasdaq Listing Rule 5550(a)(2) (the “Bid Price Rule”) and the minimum market value of listed securities of $35 million requirement under Nasdaq Listing Rule 5550(b)(2) (the “MVLS Rule”), and had failed to regain compliance with the Bid Price Rule and the MVLS Rule during the extension period which ended on October 14, 2024. The Company has until October 22, 2024 to request a hearing before the Nasdaq Hearings Panel (the “Panel”),which it currently intends to do. If the Company does not request a hearing before the Panel by that date, trading in its Class A ordinary shares and warrants will be suspended at the opening of business on October 24, 2024 and a Form 25-NSE will be filed with the Securities and Exchange Commission (“SEC”) removing the securities from listing and registration on Nasdaq. In the event the Company's securities are delisted from Nasdaq, its securities are expected to trade over-the-counter.

MultiMetaVerse Holdings Limited Receives Nasdaq Notification Regarding Minimum Bid Price and Minimum Market Value of Listed Securities

MultiMetaVerse Holdings Limited Announces Signing of Term Sheet with Bowong Technology

SHANGHAI, Oct. 02, 2024 (GLOBE NEWSWIRE) -- MultiMetaVerse Holdings Limited (NASDAQ: MMV) (“MMV” or the “Company”), a leading animation and entertainment company for young consumers in China, today announced that it has entered into a non-binding term sheet (the “Term Sheet”) with Bowong Technology (Shenzhen) Co., Ltd. (the “Bowong Technology”) to acquire all of the shares of Bowong Technology.

MultiMetaVerse Holdings Limited Announces Signing of Term Sheet with Bowong Technology

MultiMetaVerse Holdings Limited Announces Establishment of Joint Venture

SHANGHAI, Aug. 28, 2024 /PRNewswire/ -- MultiMetaVerse Holdings Limited (NASDAQ: MMV) ("MMV" or the "Company"), a leading animation and entertainment company for young consumers in China, today announced the establishment of a new joint venture, GOLD ABC DIGITAL TECHNOLOGY CO., LIMITED ("GOLD ABC"), and its initial strategic investments.

MultiMetaVerse Holdings Limited Announces Establishment of Joint Venture

MultiMetaVerse Enters into an Agreement to Establish a Joint Venture for Fintech Business

SHANGHAI , July 8, 2024 /PRNewswire/ -- MultiMetaVerse Holdings Limited ("MMV" or the "Company"), a leading animation and entertainment company for young consumers in China, announced today that it has entered into an agreement (the "Agreement") with Zhenghe Holding Co., Limited ("Zhenghe") to establish a joint venture ("Joint Venture") to invest in and trade alternative assets with the assistance of quantitative investment algorithms to be jointly developed by the parties. Pursuant to the Agreement, Zhenghe will own 80% of the new Joint Venture and responsible for its daily management and operation.

MultiMetaVerse Enters into an Agreement to Establish a Joint Venture for Fintech Business

MMV Stock: 7 Things to Know About MultiMetaVerse as Shares Rocket

One of today's biggest market movers is a little-known penny stock that is experiencing astronomical gains. MultiMetaVerse (NASDAQ: MMV ) has surged more than 125% in just a few hours of trading.

MMV Stock: 7 Things to Know About MultiMetaVerse as Shares Rocket

MultiMetaVerse Signs Term Sheet to Acquire Innovative E-Commerce Service Provider Bowong AI

SHANGHAI , May 20, 2024 /PRNewswire/ -- MultiMetaVerse Holdings Limited ("MMV" or the "Company"), a leading animation and entertainment company for young consumers in China, announced today that it has entered into a non-binding term sheet (the "Term Sheet") for the acquisition (the "Proposed Transaction") of 100% of Bowong Technology (Shenzhen) Co., Ltd. and its subsidiaries (collectively "Bowong AI") by the issuance of the Company's Class A ordinary shares to the shareholders of Bowong AI as consideration (the "Consideration Shares"), the amount of which will be determined based on further due diligence and negotiation.

MultiMetaVerse Signs Term Sheet to Acquire Innovative E-Commerce Service Provider Bowong AI

Why Is MultiMetaVerse (MMV) Stock Up 105% Today?

MultiMetaVerse (NASDAQ: MMV ) stock is on the rise Monday despite a lack of news from the Chinese animation and entertainment company. There are no new press releases or filings with the Securities and Exchange Commission (SEC) that explain why the stock is up today.

Why Is MultiMetaVerse (MMV) Stock Up 105% Today?

MultiMetaVerse Holdings Limited Receives Nasdaq Notification Regarding Minimum Bid Price and Minimum Market Value of Listed Securities

SHANGHAI , April 23, 2024 /PRNewswire/ -- MultiMetaVerse Holdings Limited (the "Company"), an animation and entertainment company for young consumers in China, announced today that it has received written notifications (the "Notification Letters") from the Nasdaq Stock Market LLC ("Nasdaq") dated April 17, 2024, notifying the Company that Nasdaq Listing Rule 5550(a)(2) requires companies to maintain a minimum bid price of $1.00 per share and Nasdaq Listing Rule 5550(b)(2) requires companies to maintain a minimum market value of listed securities of $35 million. Nasdaq Listing Rule 5810(c)(3)(A) provides that a failure to meet the Minimum Bid Price Requirement exists if the deficiency continues for a period of 30 consecutive business days and Nasdaq Listing Rule 5810(c)(3)(C) provides that a failure to meet the Minimum Market Value of Listed Securities Requirement exists if the deficiency continues for a period of 30 consecutive business days.

MultiMetaVerse Holdings Limited Receives Nasdaq Notification Regarding Minimum Bid Price and Minimum Market Value of Listed Securities

MultiMetaVerse Announces Release of Restricted Closing Payment Shares

SHANGHAI , Dec. 26, 2023 /PRNewswire/ -- MultiMetaVerse Holdings Limited ("MMV" or the "Company"), an animation and entertainment company for young consumers in China, announced today that its Board of Directors has unanimously approved the release of all the Restricted Closing Payment Shares (as defined hereinafter), with an aggregate 5,000,000 Class A ordinary shares of the Company, in connection with the business combination completed on January 4, 2023 (the "Business Combination"). Pursuant to the share restriction agreements between the Company and each of Avatar Group Holdings Limited ("Avatar"), Lucky Cookie Holdings Limited ("Lucky Cookie") and F.L.M Holdings Limited ("F.L.M") (each a "Restricted Shareholder"; collectively the "Restricted Shareholders"), respectively ( "Share Restriction Agreements"), MMV and each of the Restricted Shareholders agreed that 1,252,374 Class A ordinary shares issued to Lucky Cookie, 3,162,072 Class A ordinary shares issued to Avatar and 585,554 Class A ordinary shares issued to F.L.M, or 5,000,000 Class A ordinary shares in total, in connection with the Business Combination (collectively, "Restricted Closing Payment Shares") shall be released upon the satisfaction of the Release Event (defined below) within 12 months following the closing of the Business Combination.

MultiMetaVerse Announces Release of Restricted Closing Payment Shares

MultiMetaVerse Holdings Limited Announces 2023 Unaudited Half Year Financial Results

NEW YORK and SHANGHAI , Dec. 19, 2023 /PRNewswire/ -- MultiMetaVerse Holdings Limited ("MMV" or the "Company", collectively with its subsidiaries and consolidated variable interest entities, the "Group") (NASDAQ: MMV), an animation and entertainment company for young consumers in China, today announced its unaudited 2023 half year financial results. 2023 Half Year Highlights: Business combination among Model Performance Acquisition Corp., the Company, Model Performance Mini Sub Corp. and MultiMetaVerse Inc. (the "Business Combination"), pursuant to the terms of the merger agreement dated as of August 6, 2021, was consummated on January 4, 2023.

MultiMetaVerse Holdings Limited Announces 2023 Unaudited Half Year Financial Results

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