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BAOS News
BAOS Events
Baosheng Media Receives Nasdaq Compliance Notice
Baosheng Media announced that on September 10, it received a deficiency letter from the Nasdaq Listing Qualifications Department. The notice informed the company that, based upon the closing bid price of the company's ordinary shares over the 30 consecutive business day period between July 27 and September 9, the company is not in compliance with the requirement to maintain a minimum bid price of $1.00 per Ordinary Share for continued listing on The Nasdaq Capital Market, as set forth in Nasdaq Listing Rule 5550(a)(2). The company has been provided a compliance period of 180 calendar days from the date of the notice, or until March 9, 2027, to regain compliance pursuant to Nasdaq Listing Rule 5810(c)(3)(A). If the company chooses to implement a reverse stock split, it must complete the split no later than ten business days prior to March 9, 2027, in order to regain compliance.
Selling Stockholders Plan to Sell 25M Ordinary Shares
This filing relates to the offer and sale from time to time by the selling stockholders of up to 25M ordinary shares. The company is not selling any shares under this prospectus and will not receive any of the proceeds from the sale of shares by the selling stockholders.
Baosheng Media Files $300M Mixed Securities Shelf
Baosheng Media files $300M mixed securities shelf
Baosheng Enters Strategic Cooperation MOU with 58.com
Baosheng announced that it has entered into a strategic cooperation memorandum of understanding with 58.com Group. The parties intend to establish a long-term strategic collaboration focused on AI marketing, AI advertising, virtual human livestreaming, intelligent media buying, omnichannel content distribution, and smart local services. Through the collaboration, the parties aim to promote the application and commercialization of artificial intelligence technologies across local services, travel e-commerce, and offline commercial scenarios. Under the MOU, Baosheng Group intends to provide AI virtual human technology, intelligent media-buying capabilities, AI advertising solutions, short-form video content-production capabilities, and omnichannel online marketing support for cooperative projects. 58.com intends to contribute local-services scenarios, offline operating resources, and related ecosystem support. Through resource sharing, technology integration, joint operations, and project coordination, the parties plan to explore an "AI + Smart Local Services" solution spanning online traffic acquisition, intelligent content creation, precision advertising, virtual human livestream conversion, and offline service fulfillment. Under the MOU, the parties intend to establish a long-term, in-depth strategic partnership. Baosheng Group will provide technology and marketing support, including AI virtual human technology, intelligent media-buying systems, AI advertising capabilities, and online marketing channels. Leveraging its local-services business ecosystem and offline operating resources, 58.com will provide applicable use cases and a foundation for coordinated operations.
Baosheng Media Signs MOU with Zhongcheng Kexin for Strategic Collaboration
Baosheng Media announced that it has entered into a non-binding memorandum of understanding, or MOU, with Zhongcheng Kexin to explore a strategic collaboration in the cultural tourism sector. The MOU establishes a framework for potential cooperation. It does not create binding obligations to proceed, does not commit either party to a specified budget or spend, and is subject to the negotiation and execution of a definitive agreement. There can be no assurance that the parties will enter into a definitive agreement, that any collaboration will be implemented on the terms described here, or that the collaboration will generate revenue. Under this contemplated collaboration, the parties would seek to integrate Baosheng's capabilities in AI short-form video marketing, virtual human live streaming, intelligent traffic allocation and multimodal content generation with Zhongcheng Kexin's capabilities in smart scenic-area infrastructure, VR panoramic services, visitor service systems and on-site operations, with the goal of offering an AI full-scenario service and marketing platform for tourist attractions and helping scenic areas upgrade from traditional information systems to AI-native models for customer acquisition, conversion and operations.
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