The9 Says Investee Nanyang Biologics Received SEC Notice Of Effectiveness For Form F-4 Ahead Of Nasdaq Listing At $1.5B Pre-Transaction Valuation; Expects To Own 15% To 16% Of Combined Company

12 Information Technology Stocks Moving In Thursday's After-Market Session

Gainers Elastic (NYSE:ESTC) shares increased by 16.9% to $97.92 during Thursday's after-market session. The market value of their outstanding shares is at $8.3 billion. The company's, Q1 earnings came out

The9 Q2 EPS $0.01, Sales $712.000K

The9 (NASDAQ:NCTY) reported quarterly earnings of $0.01 per share. The company reported $712.000 thousand in sales this quarter.

The9 shares are trading higher. The company announced its investee Nanyang Biologics cleared a key step toward a planned Nasdaq listing after RF Acquisition shareholders approved their merger.

The9 Says RF Acquisition Corp II Shareholders Approved Business Combination With Nanyang Biologics On August 19; Expects To Hold About 15% To 16% Of Combined Nasdaq-Listed Company