TIAN RUIXIANG Holdings Ltd Class A Ordinary Shares (TIRX) Dividend History

Company News

• China's Tian Ruixiang Bets Big On Health Insurance AI With Ucare Acquisition

  Tian Ruixiang Holdings (TIRX) is acquiring Ucare, an AI-powered health platform, in a $150 million all-share deal. The acquisition aims to enhance TIRX's role in China's fast-growing health insurance sector by leveraging Ucare's AI platform and data.

  Benzinga

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• TIAN RUIXIANG Holdings Ltd to Acquire Ucare Inc. in US$150 Million All-Stock Deal, Advancing In-Hospital Health Insurance Strategy

  TIAN RUIXIANG Holdings Ltd, a China-based insurance broker, announced plans to acquire Ucare Inc., the sole operator of China's only cloud-based AI-driven hospital and health insurance risk management platform, in an all-stock deal valued at US$150 million. This strategic move aims to unlock new growth opportunities in the health insurance segment.

  Benzinga
• TIAN RUIXIANG Holdings Ltd Reports Financial Results for the Half Year Ended April 30, 2024

  TIAN RUIXIANG Holdings Ltd, a China-based insurance broker, reported a net loss of $2.6 million for the first half of 2024 due to a significant decline in revenue caused by the loss of key insurance company partners. The company is pursuing strategies to expand into the Hong Kong market and diversify its client base to improve financial performance.

  GlobeNewswire Inc.
• TIAN RUIXIANG Holdings Ltd Regains Compliance with Nasdaq Minimum Bid Price Requirement and Receives an Extension on Compliance with Nasdaq Filing Requirement

  BEIJING, June 03, 2024 (GLOBE NEWSWIRE) -- TIAN RUIXIANG Holdings Ltd (Nasdaq: TIRX) (the "Company"), a China-based insurance broker conducting business through its variable interest entity in China, today announced that the Company received a written notification (the "Notification Letter") from the Nasdaq Stock Market LLC ("Nasdaq") on May 29, 2024, informing the Company that it has regained compliance with Nasdaq's minimum bid price requirement under Listing Rule 5550(a)(2). According to the Notification Letter, as of May 28, 2024, the Company has maintained a closing bid price of $1.00 per share or greater for ten consecutive business days.

  GlobeNewswire Inc.
• TIAN RUIXIANG Holdings Ltd. Announces 1-for-5 Share Consolidation

  BEIJING, May 08, 2024 (GLOBE NEWSWIRE) -- TIAN RUIXIANG Holdings Ltd (Nasdaq: TIRX) (the "Company"), a China-based insurance broker conducting business through its variable interest entity in China, today announced that the Company held an extraordinary general meeting of shareholders on Monday, May 6, 2024, at which the shareholders approved the proposal for a 1-for-5 reverse share split of the Company's ordinary shares (the "Share Consolidation"). No fractional shares will be issued in connection with the Share Consolidation, and all fractional shares (after aggregating all fractional shares that would otherwise be received by a shareholder) resulting from the Share Consolidation will be rounded up to the whole number of shares.

  GlobeNewswire Inc.