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Hangzhou, china, june 15, 2021 (globe newswire) -- dragon victory international limited (nasdaq: lyl or the “company”), a company that offers supply chain management platform services to auto parts suppliers through its supply chain management platform and quality incubation services to entrepreneurs in china announced today that it has entered into a binding term sheet (the “binding term sheet”) in connection with a business transformation transaction (the “business transformation”) and  potential investment with natural selection capital holdings limited (“natural”), mr. ni ming (together with natural, each a “consultant,” and collectively, the “consultants”), lsq investment fund (“1st closing purchaser”), and certain purchasers represented by elephas global master fund (each a “2nd closing purchaser,” and collectively, the “2nd closing purchasers”; together with the 1st closing purchaser, each a “purchaser,” and collectively, the “purchasers”) on june 11, 2021.

HANGZHOU, China, June 15, 2021 (GLOBE NEWSWIRE) -- Dragon Victory International Limited (Nasdaq: LYL or the “Company”), a company that offers supply chain management platform services to auto parts suppliers through its supply chain management platform and quality incubation services to entrepreneurs in China announced today that it has entered into a binding term sheet (the “Binding Term Sheet”) in connection with a business transformation transaction (the “Business Transformation”) and  potential investment with Natural Selection Capital Holdings Limited (“Natural”), Mr. Ni Ming (together with Natural, each a “Consultant,” and collectively, the “Consultants”), LSQ Investment Fund (“1st Closing Purchaser”), and certain purchasers represented by Elephas Global Master Fund (each a “2nd Closing Purchaser,” and collectively, the “2nd Closing Purchasers”; together with the 1st Closing Purchaser, each a “Purchaser,” and collectively, the “Purchasers”) on June 11, 2021.

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The stock price of Dragon Victory International Limited (Nasdaq: LYL) has increased by over 50% pre-market. This is why it happened.

Dragon Victory International Limited (Nasdaq: LYL or the "Company"), a company that offers reward-based crowdfunding opportunities and quality incubation services to entrepreneurs in China announce today that it has received notification from the Listing Qualifications Department of The Nasdaq Stock Market ("Nasdaq") that it has regained compliance with Nasdaq Listing Rule 5550(a)(2), which concerns minimum bid price listing requirements. As previously announced, Dragon Victory International Limited had been notified by Nasdaq that its common stock failed to maintain a minimum bid price of $1.00 over 30 consecutive business days as required by the Listing Rules of The Nasdaq Stock Market.

Dragon Victory International Limited (Nasdaq: LYL) (the "Company"), a company offering reward-based crowdfunding opportunities and quality incubation services to entrepreneurs in China, announced today that on June 5, 2020, it received a Nasdaq staff deficiency letter (the "Nasdaq Letter") notifying the Company that it was no longer in compliance with the minimum bid price requirement as set forth in Nasdaq Listing Rule 5550(a)(2).

We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. The...

Ares Capital (NASDAQ:ARCC) and Dragon Victory International (NASDAQ:LYL) are both finance companies, but which is the better business? We will contrast the two businesses based on the strength of their earnings, profitability, analyst recommendations, valuation, risk, dividends and institutional ownership. Institutional & Insider Ownership 34.6% of Ares Capital shares are owned by institutional investors. Comparatively, […]

It is a pleasure to report that the Dragon Victory International Limited (NASDAQ:LYL) is up 60% in the last quarter...

HANGZHOU, China, Oct. 14, 2019 -- Dragon Victory International Limited (Nasdaq: LYL) (the “Company”) today announced that Mr. Limin Liu (“Mr. Liu”) had taken over the roles as.