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Seven Stars Cloud Group Inc (SSC.OQ)

SSC.OQ on NASDAQ Stock Exchange Capital Market

2.01USD
15 Aug 2018
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Latest Key Developments (Source: Significant Developments)

Seven Stars Cloud Group Inc Raises $12 Million USD
Friday, 10 Aug 2018 08:30am EDT 

Aug 10 (Reuters) - Seven Stars Cloud Group Inc ::SEVEN STARS CLOUD RAISES $12 MILLION USD FROM ADVANTECH CAPITAL II INVESTMENT LIMITED AND RESTRUCTURES GT DOLLAR PRIVATE PLACEMENT.SEVEN STARS CLOUD- TO USE INVESTMENTS TO ACCELERATE ADOPTION OF ARTIFICIAL INTELLIGENCE, BLOCKCHAIN-BASED TECHNOLOGIES INTO BUSINESS VERTICALS.  Full Article

Seven Stars Cloud Reports Q1 Loss Per Share $0.06
Tuesday, 15 May 2018 07:15am EDT 

May 15 (Reuters) - Seven Stars Cloud Group Inc ::SEVEN STARS CLOUD REPORTS Q1 2018 RESULTS.Q1 LOSS PER SHARE $0.06.Q1 REVENUE ROSE 461 PERCENT TO $186 MILLION.SEVEN STARS CLOUD - WILL BE MAINTAINING PREVIOUSLY PROVIDED GUIDANCE OF $280 MILLION IN REVENUE AND $35 MILLION IN EBITDA FOR FULL YEAR 2018.  Full Article

Seven Stars Cloud Expects to Generate $35 Mln In EBITDA in FY 2018​
Friday, 30 Mar 2018 07:15am EDT 

March 30 (Reuters) - Seven Stars Cloud Group Inc ::SEVEN STARS CLOUD REPORTS FULL YEAR 2017 FINANCIAL RESULTS.SEVEN STARS CLOUD GROUP INC - ‍SSC ESTIMATES THAT IN FISCAL YEAR 2018, COMPANY WILL GENERATE $280 MILLION IN REVENUE AND $35 MILLION IN EBITDA​.  Full Article

Seven Stars Cloud To Raise $40 Mln In Strategic Private Placement
Thursday, 22 Mar 2018 09:01am EDT 

March 22 (Reuters) - Seven Stars Cloud Group Inc ::SEVEN STARS CLOUD TO RAISE AN AGGREGATE OF $40 MILLION USD IN STRATEGIC PRIVATE PLACEMENT FROM GT DOLLAR.SEVEN STARS CLOUD GROUP - GTD WILL RECEIVE 13.8 MILLION SHARES OF SSC FOR $25.1 MILLION.SEVEN STARS CLOUD GROUP INC - GTD HAS AGREED TO FUND $25.1 MILLION AS PER DEAL ON OR BEFORE MARCH 31, 2018.SEVEN STARS CLOUD - SHALL ISSUE TO GTD TWO PROMISSORY NOTES, ONE FOR $10 MILLION AND ONE FOR $4.9 MILLION.SEVEN STARS CLOUD GROUP INC - SSC AND GTD INTEND TO ENTER INTO A PARTNERSHIP.  Full Article

Seven Stars Cloud Group Sees FY 2017 Revenue $125 Mln To $144 Mln
Friday, 23 Feb 2018 08:45am EST 

Feb 23 (Reuters) - Seven Stars Cloud Group Inc ::SEVEN STARS CLOUD ANTICIPATED TO ACHIEVE RECORD REVENUES IN 2017 AND PROVIDES 2018 FISCAL YEAR REVENUE AND EBITDA GUIDANCE.SEES FY 2017 REVENUE $125 MILLION TO $144 MILLION.ESTIMATES THAT IN FISCAL YEAR 2018, WILL GENERATE $280 MILLION IN REVENUE AND $35 MILLION IN EBITDA.  Full Article

Seven Stars Cloud Group Announces JV With Guangzhou Yongkai Industrial Co.
Friday, 2 Feb 2018 03:07pm EST 

Feb 2 (Reuters) - Seven Stars Cloud Group Inc ::SEVEN STARS CLOUD GROUP INC - ANNOUNCED A JOINT VENTURE WITH GUANGZHOU YONGKAI INDUSTRIAL CO. LTD.SEVEN STARS CLOUD GROUP - JV FOR CONTINUED DEVELOPMENT AND UPGRADE OF DIGITAL ASSET MANAGEMENT, SETTLEMENT AND CLEARANCE NETWORK.  Full Article

Seven Stars Cloud Announces 27 Pct Purchase Of Delaware Board Of Trade Holdings Inc
Wednesday, 20 Dec 2017 09:14am EST 

Dec 20 (Reuters) - Seven Stars Cloud Group Inc ::SEVEN STARS CLOUD ANNOUNCES 27% PURCHASE OF DELAWARE BOARD OF TRADE HOLDINGS, INC. (DBOT).SEVEN STARS CLOUD GROUP INC - ANNOUNCED ‍27% PURCHASE OF DELAWARE BOARD OF TRADE HOLDINGS INC FOR 1.6 MILLION SHARES OF SSC COMMON STOCK​.SEVEN STARS CLOUD GROUP INC - DEAL WILL MAKE SSC LARGEST SHAREHOLDER OF DBOT & AS PART OF DEAL, ROBERT G. BENYA, WILL BECOME A DBOT BOARD DIRECTOR.  Full Article

Seven Stars Says Entered Into Securities Purchase Agreement With Tiger Sports Media
Wednesday, 13 Dec 2017 05:04pm EST 

Dec 13 (Reuters) - Seven Stars Cloud Group Inc ::SEVEN STARS CLOUD GROUP INC SAYS ON DEC 7, CO ENTERED INTO A SECURITIES PURCHASE AGREEMENT WITH TIGER SPORTS MEDIA LIMITED - SEC FILING.SEVEN STARS CLOUD GROUP INC - CO AGREED TO PURCHASE TIGER S 20% EQUITY OWNERSHIP IN BBD DIGITAL CAPITAL GROUP LTD.SEVEN STARS CLOUD GROUP INC - SSC WILL PURCHASE 20% EQUITY FROM TIGER FOR A TOTAL PURCHASE PRICE OF $9.8 MILLION.SEVEN STARS CLOUD GROUP INC - ON DEC 7, CO ALSO ENTERED INTO SECURITIES PURCHASE AGREEMENT WITH SHANGHAI GUANGMING INVESTMENT MANAGEMENT LIMITED.SEVEN STARS CLOUD GROUP INC - SSC WILL PURCHASE 100% OF GUANGMING S ISSUED AND OUTSTANDING SHARES FOR A TOTAL PURCHASE PRICE OF RMB 2.4 MILLION.SEVEN STARS CLOUD GROUP - $9.8 MILLION PURCHASE PRICE CONSISTS OF $2 MILLION IN CASH & $7.8 MILLION TO BE PAID IN FORM OF 3 MILLION SHARES OF CO'S CAPITAL STOCK.  Full Article

Seven Stars Cloud reports Q3 loss per share $0.05
Monday, 13 Nov 2017 07:10am EST 

Nov 13 (Reuters) - Seven Stars Cloud Group Inc :Seven Stars Cloud Reports Q3 2017 results.Q3 loss per share $0.05.Seven Stars Cloud Group Inc - ‍Revenue for Q3 2017 was $30.2 million as compared to $1.6 million for same period in 2016​.Seven Stars Cloud Group - ‍Ocasia is guaranteeing a minimum of $500 million worth of sales volume to JV partnership from Dec 1 until Dec 31, 2018​.Seven Stars Cloud Group Inc - ‍Increase in Q3 revenue was mainly due to new business line acquired in January 2017​.  Full Article

Seven Stars announces technology licensing agreement for its red coin chain securitization platform
Monday, 23 Oct 2017 09:08am EDT 

Oct 23 (Reuters) - Courage Investment Group Ltd <1145.HK>:Seven Stars Cloud announces technology licensing agreement for its red coin chain securitization platform.Seven Stars Cloud - ‍ Co will receive 17.9% of existing total equity of Courage Investment Group Limited which is licensee's HK listed parent company​.  Full Article