MultiMetaVerse Holdings
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 6,809 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
Research analyst outlook
We haven’t received any recent analyst ratings for MMV.
Financial journalist opinion
Neutral
GlobeNewsWire
2 weeks ago
Agreement to Establish Digital Currency Investment Company Partnership
SHANGHAI, Dec. 03, 2024 (GLOBE NEWSWIRE) -- MultiMetaVerse Holdings Limited (NASDAQ: MMV) (“MMV” or the “Company”), a leading animation and entertainment company for young consumers in China, announced that it has reached an agreement with Zhao Mingwei (“Big Bear”) and Li Yuanfeng to jointly establish a joint - venture in Hong Kong, leveraging their respective resources to Bitcoin and Bitcoin mining machines.
Neutral
GlobeNewsWire
2 weeks ago
MultiMetaVerse Holdings Limited Announces Signing of Definitive Agreement to Acquire Bowong Technology
SHANGHAI, Dec. 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 signed a definitive share exchange agreement (the “Share Exchange Agreement”) with the shareholders (the “Transferors”) of Bowong AI Limited (“Bowong Cayman”), which, after a series of restructuring transactions, is expected to indirectly hold 100% equity interests in Bowong Technology (Shenzhen) Co., Ltd. (“Bowong Technology”). Bowong Technology is a company equipped with cutting-edge technologies that is vertically integrated in the AI e-commerce sector. It focuses on delivering comprehensive AI technologies and services for sellers on both emerging social e-commerce platforms and traditional e-commerce platforms.
Neutral
GlobeNewsWire
2 months ago
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.
Neutral
GlobeNewsWire
2 months ago
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.
Neutral
PRNewsWire
3 months ago
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.
Neutral
PRNewsWire
5 months ago
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.
Positive
InvestorPlace
7 months ago
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.
Neutral
PRNewsWire
7 months ago
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.
Positive
InvestorPlace
7 months ago
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.
Neutral
PRNewsWire
7 months ago
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.
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