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Ossen Innovation Co Ltd (OSN.OQ)

OSN.OQ on NASDAQ Stock Exchange Capital Market

2.57USD
15 Dec 2017
Change (% chg)

$-0.01 (-0.39%)
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Latest Key Developments (Source: Significant Developments)

Ossen Innovation Q2 earnings per share $0.06
Friday, 17 Nov 2017 07:30am EST 

Nov 17 (Reuters) - Ossen Innovation Co Ltd ::Ossen Innovation announces unaudited financial results for the second quarter and six months ended June 30, 2017.Q2 earnings per share $0.06.Q2 revenue rose 12.8 percent to $26.4 million.  Full Article

Ossen Innovation enters into agreements to acquire America-Asia Diabetes Research Foundation
Thursday, 20 Jul 2017 08:00am EDT 

July 20 (Reuters) - Ossen Innovation Co Ltd : :Ossen Innovation enters into agreements to acquire America-Asia Diabetes Research Foundation and to spin-off existing business.Ossen Innovation Co Ltd - agreed to acquire all of issued and outstanding equity interests of foundation in exchange for up to 81.2 million of ordinary shares.Ossen Innovation Co Ltd - ‍upon completion of acquisition, company will indirectly own 90.27 pct of San Meditech​.Ossen Innovation Co Ltd - upon completion of acquisition, company will indirectly own 90.27 pct of San Meditech.Ossen Innovation Co Ltd - entered into an agreement to spin-off its existing pre-stressed steel manufacturing business.Ossen Innovation Co Ltd says an aggregate of 28.1 million of company's shares will be deposited in escrow at closing of acquisition.Ossen Innovation- ‍anticipated,following closing of deals,co's existing shareholders, excluding Dr. Tang, retain ownership interest of abt 8.9 pct of co​.  Full Article

Ossen Innovation reports resignation of cfo
Friday, 30 Dec 2016 07:30am EST 

Ossen Innovation Co Ltd : Ossen Innovation Co Ltd- Wei Hua, chief executive officer of company will act as interim cfo during transition and search period for a new cfo . Says cfo Feng Peng resigned .Ossen Innovation announces resignation of chief financial officer.  Full Article

Ossen Innovation posts Q3 earnings per share $0.07
Tuesday, 27 Dec 2016 04:30pm EST 

Ossen Innovation Co Ltd : Ossen Innovation announces third quarter 2016 financial results . Q3 earnings per share $0.07 .Ossen Innovation Co Ltd qtrly revenues $28.5 million versus $30 million.  Full Article

Ossen Innovation reports Q2 EPS $0.02
Friday, 30 Sep 2016 04:30pm EDT 

Ossen Innovation Co Ltd : Ossen Innovation announces second quarter 2016 financial results . Q2 earnings per share $0.02 . Q2 revenue fell 9.4 percent to $23.4 million .As of September 28, 2016, special committee is in process of retaining its legal counsel and financial advisor.  Full Article

Ossen Innovation enters letter of intent to buy interest in medical device co
Friday, 8 Jul 2016 07:30am EDT 

Ossen Innovation Co Ltd : Ossen Innovation enters into non-binding letter of intent with America-Asia diabetes research foundation to acquire controlling interest in china-based medical device company and to spin-off existing business . Plans to spin-off existing pre-stressed steel manufacturing business, including existing liabilities, immediately after deal . Upon completion of acquisition, company would indirectly own 90.27% of San Meditech .Intends to acquire all of issued and outstanding equity interests of foundation in exchange for 81.2 million of co's ordinary shares.  Full Article

BRIEF-Ossen Innovation Q2 earnings per share $0.06

* Ossen Innovation announces unaudited financial results for the second quarter and six months ended June 30, 2017