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Seven Stars Cloud Group Inc (SSC.OQ)

SSC.OQ on NASDAQ Stock Exchange Capital Market

1.70USD
23 Feb 2018
Change (% chg)

$-1.10 (-39.29%)
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Latest Key Developments (Source: Significant Developments)

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

SEVEN STARS CLOUD NAMES BRUNO WU AS CEO
Monday, 9 Oct 2017 09:04am EDT 

Oct 9 (Reuters) - Seven Stars Cloud Group Inc ::SEVEN STARS CLOUD NAMES BRUNO WU AS CEO AND ROBERT G. BENYA AS DIRECTOR, PRESIDENT & CHIEF REVENUE OFFICER.SAYS CEO BING YANG RESIGNED.SEVEN STARS CLOUD GROUP INC - ‍CEO BING YANG TO RESIGN EFFECTIVE IMMEDIATELY​.SEVEN STARS CLOUD GROUP INC - ‍BRUNO WU WILL CONTINUE IN HIS ROLE AS CHAIRMAN AND BECOME CO'S NEXT CEO, SUCCEEDING BING YANG.SEVEN STARS CLOUD GROUP INC - ‍CURRENT DIRECTOR SEAN WANG TO RESIGN EFFECTIVE IMMEDIATELY​.SEVEN STARS CLOUD GROUP INC - ‍SEAN WANG AND BING YANG WILL REMAIN IN ADVISORY ROLES WITH SSC UNTIL END OF 2017 TO ASSIST WITH TRANSITIONS​.  Full Article

Seven Stars Cloud says shareholder SSGCG executed distribution in co's shares​
Friday, 1 Sep 2017 10:16am EDT 

Sept 1 (Reuters) - Seven Stars Cloud Group Inc ::SSGCG executed distribution of about 19.9 million cumulative shares of his Seven Stars Cloud common,preferred A stock holdings​.Distribution relates solely to Sun Seven Stars and its fully owned subsidiary SSGCG​.  Full Article

Seven Stars Cloud provides update on NextGen Exchange Group
Thursday, 17 Aug 2017 09:07am EDT 

Aug 17 (Reuters) - Seven Stars Cloud Group Inc :Seven Stars Cloud provides update on NextGen Exchange Group.Says ‍SSC's NextGen Exchange Group will be launching in Q4 2017.  Full Article

Seven Stars Cloud announces new JV, Red Coin Chain
Wednesday, 16 Aug 2017 10:44am EDT 

Aug 16 (Reuters) - Seven Stars Cloud Group Inc ::Seven Stars Cloud announces new JV, Red Coin Chain, Ltd..Says ‍SSC will be a 60% owner of JV​.  Full Article

BRIEF-Seven Stars announces technology licensing agreement for its red coin chain securitization platform

* Seven Stars Cloud announces technology licensing agreement for its red coin chain securitization platform