BIMI

BIMI Announces 1-for -5 Reverse Stock Split

Retrieved on: 
Wednesday, February 2, 2022

NEW YORK, Feb. 02, 2022 (GLOBE NEWSWIRE) -- BIMI International Medical Inc.(NASDAQ: BIMI) (BIMI or the Company), a healthcare products and services provider, today announced a 1-for-5 reverse split of its common stock effective today at 5:00 PM EST.

Key Points: 
  • NEW YORK, Feb. 02, 2022 (GLOBE NEWSWIRE) -- BIMI International Medical Inc.(NASDAQ: BIMI) (BIMI or the Company), a healthcare products and services provider, today announced a 1-for-5 reverse split of its common stock effective today at 5:00 PM EST.
  • Upon effectiveness, the reverse stock split will cause a reduction in the number of shares of common stock outstanding.
  • The new CUSIP number for the common stock following the reverse stock split is 05552Q202.
  • Registered stockholders holding their shares of common stock in book-entry or through a bank, broker or other nominee form do not need to take any action in connection with the reverse stock split.

Valimail Doubles Customer Base, Solidifies Position as the Leading DMARC Provider

Retrieved on: 
Wednesday, January 26, 2022

Valimail also launched Valimail Authenticate, the world's first and only DMARC-as-a-Service solution that protects brands from phishing and spoofing attacks by authenticating and improving email deliverability.

Key Points: 
  • Valimail also launched Valimail Authenticate, the world's first and only DMARC-as-a-Service solution that protects brands from phishing and spoofing attacks by authenticating and improving email deliverability.
  • This automated, cost-effective DMARC solution is Valimail's most recent offering after creating the industry category of hosted DMARC.
  • Because of its DMARC product investments, Valimail has the only DMARC product which has been FedRAMP authorized, ensuring federal agencies can use its solution to deploy, configure and maintain the DMARC standard.
  • Valimail holds the most robust portfolio of patents that unlock DMARC for businesses at scale and is the only DMARC solution to earn FedRAMP certification.

BIMI International Medical Inc. Signs Stock Purchase Agreement With Bengbu Mali OB-GYN Hospital

Retrieved on: 
Tuesday, December 21, 2021

NEW YORK, Dec. 21, 2021 (GLOBE NEWSWIRE) -- BIMI International Medical Inc.(NASDAQ: BIMI) (BIMI or the Company) today announcedthat it has signed a stock purchase agreement with Bengbu Mali OB-GYN Hospital (the Mali Hospital), also known as Bengbu Mali Maternity Hospital.

Key Points: 
  • NEW YORK, Dec. 21, 2021 (GLOBE NEWSWIRE) -- BIMI International Medical Inc.(NASDAQ: BIMI) (BIMI or the Company) today announcedthat it has signed a stock purchase agreement with Bengbu Mali OB-GYN Hospital (the Mali Hospital), also known as Bengbu Mali Maternity Hospital.
  • The aggregate purchase price (the Purchase Price) for the Mali Hospital is US$16,750,000.
  • The acquisition of the Mali Hospital enhances our hospital chain for obstetrics and gynecology.
  • We predict these new departments could account for 45% of hospitals revenue in two years, said Mr. Tiewei Song, Chief Executive Officer and President of BIMI International Medical Inc.
    About BIMI International Medical Inc.
    BIMI International Medical Inc. was founded in 2006.

Leading Global Security Companies Red Sift and OpSec Security Partner for Innovative Solutions in Domain and Email Security

Retrieved on: 
Tuesday, November 23, 2021

"This partnership is great news for our companies and our customers as we bring more complete solutions to the global security market," said Chuck Swenberg, Senior Vice President of Strategy for Red Sift.

Key Points: 
  • "This partnership is great news for our companies and our customers as we bring more complete solutions to the global security market," said Chuck Swenberg, Senior Vice President of Strategy for Red Sift.
  • "OpSec Security can integrate data feeds from all DMARC providers, but Red Sift's cutting-edge automated technology and service integrations enable a faster way to foil malicious domain impersonation.
  • The Red Sift purpose-built suite of cybersecurity solutions block outbound phishing attacks, analyze the security of inbound communication for company-wide email threats, and monitor and safeguard valuable customer data.
  • Red Sift is leading the way in BIMI deployments with a fully-integrated product and service offering for BIMI with VMC.

BIMI International Medical Inc. Announces Pricing of $7.8 million Private Placement

Retrieved on: 
Thursday, November 18, 2021

New York, Nov. 18, 2021 (GLOBE NEWSWIRE) -- BIMI International Medical Inc. (NASDAQ: BIMI) (“BIMI” or the “Company”), a healthcare products and services provider, today announced that it has entered into a Securities Purchase Agreement (the “SPA”) with two institutional investors (the “Holders”) to sell certain senior secured convertible notes of the Company in a private placement in the aggregate principal amount of $7,800,000 in the aggregate original principal amount of $6,500,000, representing an aggregate original issue discount of 20% (the “Convertible Notes”). The Convertible Notes do not bear interest except upon the occurrence of certain events of default.

Key Points: 
  • The Convertible Notes do not bear interest except upon the occurrence of certain events of default.
  • Each Convertible Note has a face amount of $3,900,000 for which each Holder will pay $3,250,000 in cash.
  • FT Global Capital Inc. acted as the exclusive placement agent in connection with the private offering.
  • About BIMI International Medical Inc.

3-Day SparkPost Inbox Expo Kicks Off December 14 in Valencia, Spain: An International Email Technology Conference

Retrieved on: 
Thursday, November 18, 2021

SparkPost Inbox Expo will bring in leaders in email, marketing, CRM and digital privacy and security and will be held at the Las Arenas five-star grand luxury spa resort.

Key Points: 
  • SparkPost Inbox Expo will bring in leaders in email, marketing, CRM and digital privacy and security and will be held at the Las Arenas five-star grand luxury spa resort.
  • At SparkPost Inbox Expo, industry senior leaders, founders and CMOs will meet and collaborate with engineers and other industry players such DevOps, product, and platform professionals.
  • Inbox Expo was the first email conference in the world to go online in March 2020, as Mapp Inbox Expo.
  • The world's most sophisticated senders work with SparkPost, including The New York Times, Zillow, Adobe and Booking.com trust SparkPost to elevate their email.

BIMI International Medical Inc. Announces Results of Special Meeting

Retrieved on: 
Monday, November 8, 2021

NEW YORK, Nov. 08, 2021 (GLOBE NEWSWIRE) -- BIMI International Medical Inc. (NASDAQ: BIMI) (“BIMI” or the “Company”), a leading healthcare products and services provider, today announced that shareholders have approved the two proposals voted on at the Registrant’s special meeting of shareholders held on November 5, 2021.

Key Points: 
  • NEW YORK, Nov. 08, 2021 (GLOBE NEWSWIRE) -- BIMI International Medical Inc.(NASDAQ: BIMI) (BIMI or the Company), a leading healthcare products and services provider, today announcedthat shareholders have approved the two proposals voted on at the Registrants special meeting of shareholders held on November 5, 2021.
  • The first proposal is an amendment to the Registrants Certificate of Incorporation to increase the number of Registrants authorized shares of common stock (the Common Stock) by 150,000,000 to 200,000,000.
  • I would like to thank our shareholders for their support in approving the two proposals.
  • Increasing the number of common shares will allow us to have sufficient shares to support future transactions, said Mr. Tiewei Song, Chief Executive Officer and President of BIMI International Medical Inc.
    About BIMI International Medical Inc.
    BIMI International Medical Inc. was founded in 2006.

BIMI International Medical Inc. Signs MoU to Acquire Bengbu Mali Maternity Hospital

Retrieved on: 
Monday, November 8, 2021

Bengbu Mali Maternity Hospital is a professional obstetrics and gynecology hospital, which provides services to around 30,000 patients per year.

Key Points: 
  • Bengbu Mali Maternity Hospital is a professional obstetrics and gynecology hospital, which provides services to around 30,000 patients per year.
  • Bengbu Mali Maternity Hospitals departments include internal medicine, obstetrics and gynecology, pediatrics, emergency medicine, and anesthesiology.
  • Under the terms of the MoU, BIMI International Medical Inc.is to acquire 100% interest in Mali Maternity Hospital.
  • About BIMI International Medical Inc.
    BIMI International Medical Inc. was founded in 2006.

Red Sift, Netcore Cloud Partner to Enhance Email Deliverability, Increase Brand Awareness

Retrieved on: 
Thursday, November 4, 2021

The company's new partnership with Netcore Cloud comes after Ciaran Martin, who helped lead the U.K. government's work on cybersecurity, joined Red Sift as a special adviser.

Key Points: 
  • The company's new partnership with Netcore Cloud comes after Ciaran Martin, who helped lead the U.K. government's work on cybersecurity, joined Red Sift as a special adviser.
  • Following this association, Netcore Cloud customers can enhance their email deliverability and increase their brand awareness by leveraging Red Sift's market-leading OnDMARC solution, which fully automates the DMARC and VMC implementation and enforcement process.
  • "We look forward to providing Netcore Cloud and its customers with vital cybersecurity products to enhance their businesses."
  • In the days to come we look forward to achieving this collectively," said Matthew Vernhout, Vice President of Deliverability at Netcore Cloud.

Litmus Releases "2021 State Of Email" Report, Unveiling Key Best Practices, Insights into Email Marketing

Retrieved on: 
Wednesday, October 27, 2021

BOSTONand SAN MATEO, Calif., Oct. 27, 2021 /PRNewswire/ -- Litmus , a leader in email marketing, today released its 2021 State of Email report during Litmus Live 2021 , the premier conference for email practitioners and marketing leaders.

Key Points: 
  • BOSTONand SAN MATEO, Calif., Oct. 27, 2021 /PRNewswire/ -- Litmus , a leader in email marketing, today released its 2021 State of Email report during Litmus Live 2021 , the premier conference for email practitioners and marketing leaders.
  • As a result, over 40% of companies intend to increase their investment in email marketing in 2022.
  • The 2021 State of Email report showcases marketers' efforts to prioritize email and implement email-first marketing strategies.
  • The 2021 State of Email report follows the announcements of Litmus' new integrations with Adobe Journey Optimizer and Intilery and its Integrated Insights Report launch .