August 3, 2021

Harneys advises StoneCo Ltd on $1.4 billion IPO and listing on NASDAQ

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Harneys advised StoneCo as Cayman Islands counsel on its $1.4 billion initial public offering of 58,333,333 Class A shares, which included the full exercise of the underwriter’s option to purchase additional Class A Shares, as well as the  $100 million private placement of 4,166,666 Class A shares to Ant Financial. The Class A Shares are […]

JA Solar gets closer to NASDAQ de-listing

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By Mark Osborne From PVTECH ‘Silicon Module Super League’ (SMSL) member JA Solar is getting closer to de-listing from NASDAQ and going private after over 90% of the ordinary shares held had voted to agree a merger with its Cayman Islands registered parent company, owned primarily by JA Solar’s founder, chairman and CEO, Baofang Jin. […]

iDreamSky Technology Limited announces completion of going private transaction

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SHENZHEN, China, Sept. 07, 2016 (GLOBE NEWSWIRE) — iDreamSky Technology Limited (“iDreamSky” or the “Company”) (NASDAQ:DSKY), China’s leading independent mobile game publishing platform, today announced the completion of its merger (the “merger”) with Dream Merger Sub Limited (“Merger Sub”), a wholly-owned subsidiary of Dream Investment Holdings Limited (“Parent”), pursuant to the agreement and plan of […]

New stock exchange fights unfair online trading

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By Jon Fingas From engadget IEX slows down every transaction to prevent shady internet traders from getting the upper hand. Some (such as The Big Short author Michael Lewis) see high-frequency, algorithm-based stock trading as a serious threat to the economy. There’s a concern that big trading firms are cornering the market by paying for […]

High end smart phone woes/InCapS AM Best rating

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Things are about to get even uglier for the high-end smartphone market By Tero Kuittinen From BGR As it happens, Samsung issued a warning about its upcoming quarterly earnings literally hours before Walmart’s decision to discount the iPhone 5c to $29, apparently permanently. Oddly enough, smartphone chip titan Qualcomm’s share price has started lagging NASDAQ […]

The Cayman Islands – a growing reinsurance centre

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GRAND CAYMAN, Cayman Islands – Recent changes to the Insurance Law have made the Cayman Islands a more attractive domicile for reinsurance companies. That was part of the message from Premier Hon. Alden McLaughlin Tuesday morning when he helped ring the bell to open that day’s session of NASDAQ at Times Square in New York […]

Premier to join in ringing in NASDAQ

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GRAND CAYMAN, Cayman Islands – Premier Hon. Alden McLaughlin has been invited to join Oxbridge Re in ringing the opening bell at NASDAQ on Wall Street in New York City. The event will take place at 9:30 a.m. on United States Tax Day, 15 April, 2014. “This is certainly an honour and a privilege,” said […]

Ninetowns enters into merger agreement

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Ninetowns Internet Technology Group Company Limited Enters into Merger Agreement for Going Private Transaction BEIJING, Jan. 29, 2014 /PRNewswire/ — Ninetowns Internet Technology Group Company Limited (NASDAQ: NINE) (“Ninetowns” or the “Company”), one of China’s leading providers of online solutions for international trade, today announced that it has entered into an agreement and plan of […]

SeaBird Exploration Plc: Contract award

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(Thomson Reuters ONE via COMTEX) — 15 January 2014, Limassol, Cyprus SeaBird Exploration Plc (“SeaBird) will, in partnership with Acorn Geophysical Ltd (“Acorn”), commence a project in the Gulf of Guinea. The 3D acquisition program is of approximately 1,500km(2) and will be acquired using the survey vessel Geo Pacific currently in transit from the Caribbean. […]

Qunar Cayman Islands Limited (NASDAQ:QUNR) and Ericsson (NASDAQ:ERIC)

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Wilmington, DE — (SBWIRE) — 01/13/2014 — Equity Profile Report expands its NASDAQ Active Stock Weekly Watch List adding Qunar Cayman Islands Limited (NASDAQ:QUNR) and Ericsson (NASDAQ:ERIC). Qunar Cayman Islands Limited (NASDAQ:QUNR) a company that operates online travel commerce platform for travel service providers and display advertisers in the Peoples Republic of China closed down […]