XIAO-I Corporation Unsponsored ADR (NASDAQ: AIXI - Get Free Report) was the target of a large growth in short interest in April. As of April 15th, there was short interest totaling 7,005,300 shares, a growth of 551.2% from the March 31st total of 1,075,704 shares. Approximately 52.1% of the company's shares are short sold. Based on
NEW YORK, NY / ACCESSWIRE / December 17, 2024 / Pomerantz LLP announces that a class action lawsuit has been filed against Xiao-I Corporation ("Xiao-I" or the "Company") (NASDAQ:AIXI) and certain officers and directors. The class action, filed in the United States District Court for the Southern District of New York, and docketed under 24-cv-07837, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired: (a) Xiao-I American depository shares ("ADSs") pursuant and/or traceable to the Offering Documents (defined below) issued in connection with the Company's initial public offering conducted on or about March 9, 2023 (the "IPO" or "Offering"); and/or (b) Xiao-I securities between March 9, 2023 and July 12, 2024, both dates inclusive (the "Class Period").
NEW YORK, NY / ACCESSWIRE / December 17, 2024 / Pomerantz LLP announces that a class action lawsuit has been filed against Xiao-I Corporation ("Xiao-I" or the "Company") (NASDAQ:AIXI) and certain officers and directors. The class action, filed in the United States District Court for the Southern District of New York, and docketed under 24-cv-07837, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired: (a) Xiao-I American depository shares ("ADSs") pursuant and/or traceable to the Offering Documents (defined below) issued in connection with the Company's initial public offering conducted on or about March 9, 2023 (the "IPO" or "Offering"); and/or (b) Xiao-I securities between March 9, 2023 and July 12, 2024, both dates inclusive (the "Class Period").
| Software Industry | Information Technology Sector | Mingqu Lin CEO | NASDAQ (NMS) Exchange | 98423X308 CUSIP |
| CN Country | 281 Employees | - Last Dividend | 11 May 2026 Last Split | - IPO Date |
Xiao-I Corporation, established in 2018 and headquartered in Shanghai, China, operates primarily through its subsidiary, Shanghai Xiao-i Robot Technology Co., Ltd. The company specializes in providing advanced software services within the People's Republic of China. Xiao-I Corporation is at the forefront of technology, leveraging the power of artificial intelligence to offer a range of solutions aimed at enhancing the user experience and streamlining business processes across various industries. Its dedication to innovation is evident in its diverse offerings, which span conversational AI platforms, knowledge fusion, intelligent voice, hyperautomation, and more, catering to sectors like finance, healthcare, manufacturing, and government services.