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KXIN

$KXIN Ready for a Rally ? Merger Talk?!Scince the announcement of $KXIN that they will enter the "small Electro Vehicel" market shares are already going strong with high volume ... Now we have news about a merger and there are some rumors of possible partners in play .... technical we see some S/R flips in and we have just recently closed above another resistance ... in case we can break this resistance zone there are no doubt of a price around 5$ a share ,this is also our next bigger resistance level , after market is able to break that level we have open space all the way to 10$ a share ... Time will tell .... and always remember you are not married to the stock nor you wanna be a bag holder ;-) good luck and have a great week Trueman23
NASDAQ:KXINLong
by Trueman23
2
$CMSS+$RENN Combo/Agreement-> $KXIN for $454,000,000 05/01/19www.globenewswire.com www.globenewswire.com $RENN The Original Parent Company currently holds 72% of the entire O/S And has agreed to the below stipulation: Upon the closing of the transactions contemplated in the Share Exchange Agreement in which CM Seven Star acquired 100% of the issued and outstanding securities of Kaixin, Renren received approximately 28.3 million ordinary shares of CM Seven Star, representing 71.7% of the total outstanding shares of CM Seven Star. An additional 4.7 million ordinary shares of CM Seven Star will be issued in exchange for currently outstanding options in Kaixin or reserved for issuance under the equity incentive plan of CM Seven Star. Additionally, 19.5 million earnout shares were issued in escrow. Approximately 20.4 million ordinary shares were redeemed in connection with the closing of the transaction. Kaixin has raised a total of $30.9 million from the business combination and related transactions, including $2.4 million that remains in the trust account established for the benefit of CM Seven Star’s public shareholders following the redemption and $28.5 million from convertible loans and a private placement. Several Form 4's dropped at 9PM 05/11/19 CEO 565,700 Shares www.sec.gov COO 471,400 Shares www.sec.gov CTO 94,200 Shares www.sec.gov VP of Marketing 75,340 Shares www.sec.gov VP of Finance 94,200 Shares www.sec.gov VP of Fine Products 18,750 Shares www.sec.gov Director 1,060,875 Shares www.sec.gov Director 477,518 Shares www.sec.gov Director 9,530 Shares www.sec.gov Director 9,430 Shares www.sec.gov
NASDAQ:KXINLong
by StockGuild