LAIX Inc - ADR

Liulishuo is a leading artificial intelligence-driven educational technology company founded in September 2012 by Dr. Wang Wei and Dr. Hu Zhe and Dr. Lin Hui. Liulishuo offers a personalized and adaptive language learning experience to 50 million learners in 379 cities in China and over 175 countries around the world. Its self-developed artificial intelligence English teacher, based on deep learning technology, can provide personalized and adaptive learning courses for each user.

A 1-for-14 reverse split has gone into effect for LAIX Inc (NYSE: LAIX). These are the details.

LAIX (LAIX) Stock: 1-For-14 Reverse Stock Split Goes Into Effect

SHANGHAI, Feb. 21, 2022 /PRNewswire/ -- LAIX Inc. ("LAIX" or the "Company") (NYSE: LAIX), an artificial intelligence (AI) company in China that creates and delivers products and services to popularize English learning, today announced that it plans to change the ratio of its American Depositary Shares ("ADSs") to its Class A ordinary shares (the "ADS Ratio"), par value US$0.001 per share, from the current ADS Ratio of one (1) ADS to one (1) Class A ordinary share to a new ADS Ratio of one (1) ADS to fourteen (14) Class A ordinary shares. A post-effective amendment to the ADS Registration Statement on Form F-6 will be filed with the SEC to reflect the change in the ADS Ratio.

LAIX Inc. Announces Plan to Implement ADS Ratio Change

SHANGHAI, Sept. 28, 2021 /PRNewswire/ -- LAIX Inc. ("LAIX" or the "Company") (NYSE: LAIX), an artificial intelligence (AI) company in China that creates and delivers products and services to popularize English learning, today announced that it has received a letter (the "Letter") from the New York Stock Exchange (the "NYSE") dated September 17, 2021 and further e-mail communication on the same date, notifying the Company that (i) it is below compliance standards due to the trading price of the Company's American depositary shares (the "ADSs"), and (ii) the applicable cure period for the Company to regain compliance expires on March 17, 2022.

LAIX Inc. Announces Receipt of NYSE Non-Compliance Letter Regarding ADS Trading Price

SHANGHAI, Sept. 13, 2021 /PRNewswire/ -- LAIX Inc. ("LAIX" or the "Company") (NYSE: LAIX), an artificial intelligence (AI) company in China that creates and delivers products and services to popularize English learning, today announced that it has received a letter (the "Letter") from the New York Stock Exchange (the "NYSE") dated September 8, 2021 and further e-mail communication on the same date, notifying the Company that (i) it is below compliance standards due to the Company's total market capitalization and stockholder's equity, (ii) the due date for the Company to submit a business plan that demonstrates compliance is December 8, 2021 and (iii) the applicable cure period for the Company to regain compliance expires on March 8, 2023.

LAIX Inc. Announces Receipt of NYSE Non-Compliance Letter

SHANGHAI, Aug. 26, 2021 /PRNewswire/ -- LAIX Inc. ("LAIX" or the "Company") (NYSE: LAIX), an artificial intelligence (AI) company in China that creates and delivers products and services to popularize English learning, today announced its unaudited financial results for the second quarter ended June 30, 2021. Second Quarter 2021  Financial and Operating Highlights Net income for the second quarter of 2021 was RMB14.0 million (US$2.2 million), compared with a net income of RMB12.2 million for the previous quarter and a net loss of RMB92.5 million for the same quarter last year.

LAIX Inc. Announces Second Quarter 2021 Unaudited Financial Results

SHANGHAI, Aug. 17, 2021 /PRNewswire/ -- LAIX Inc. ("LAIX" or the "Company") (NYSE: LAIX), an artificial intelligence (AI) company in China that creates and delivers products and services to popularize English learning, today announced that the special committee (the "Special Committee") of the Company's board of directors has retained Houlihan Lokey (China) Limited as its financial advisor and Kirkland & Ellis as its U.S. legal counsel in connection with its review and evaluation of the previously announced non-binding "going private" proposal from Dr. Yi Wang, co-founder, chairman of the Board and chief executive officer of the Company, Mr. Zheren Hu, co-founder, director and chief technology officer of the Company, Dr. Hui Lin, co-founder, director and chief scientist of the Company, and PCIL IV Limited (collectively, the "Buyer Group") that the Board received on August 4, 2021 (the "Transaction").

LAIX Inc. Special Committee Retains Financial Advisor and Legal Counsel

SHANGHAI, Aug. 6, 2021 /PRNewswire/ -- LAIX Inc. ("LAIX" or the "Company") (NYSE: LAIX), an artificial intelligence (AI) company in China that creates and delivers products and services to popularize English learning, today announced that its board of directors (the "Board") has formed a special committee (the "Special Committee") consisting of two independent directors, Dr. Li-Lan Cheng, who will serve as the chairman of the Special Committee, and Ms. Min (Jenny) Zhang, to evaluate and consider the previously announced preliminary non-binding proposal letter dated August 4, 2021 (the "Proposal").

LAIX Inc. Announces Formation of Special Committee

The stock price of LAIX Inc (NYSE: LAIX) increased by over 5% pre-market. This is why it happened.

LAIX Stock Price Increases Over 5% Pre-Market: Why It Happened

SHANGHAI, Aug. 4, 2021 /PRNewswire/ -- LAIX Inc. ("LAIX" or the "Company") (NYSE: LAIX), an artificial intelligence (AI) company in China that creates and delivers products and services to popularize English learning, today announced that its board of directors (the "Board") has received a preliminary non-binding proposal letter (the "Proposal Letter"), dated August 4, 2021, from Mr. Yi Wang, co-founder, chairman of the Board and chief executive officer of LAIX, Mr.

LAIX Inc. Announces Receipt of a Preliminary Non-Binding Proposal to Acquire the Company

LAIX Inc. Sponsored ADR (LAIX) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

LAIX Inc. Sponsored ADR (LAIX) Upgraded to Strong Buy: Here's Why

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LAIX, Inc. (LAIX) CEO Yi Wang on Q1 2021 Results - Earnings Call Transcript

Shares of LAIX (NYSE:LAIX) moved higher after the company reported Q1 results. Quarterly Results Earnings per share rose 107.14% year over year to $0.04, which beat the estimate of ($0.60).

Recap: LAIX Q1 Earnings

SHANGHAI, May 26, 2021 /PRNewswire/ -- LAIX Inc. ("LAIX" or the "Company") (NYSE: LAIX), an artificial intelligence (AI) company in China that creates and delivers products and services to popularize English learning, today announced its unaudited financial results for the first quarter ended March 31, 2021. First Quarter 2021 Financial and Operating Highlights Net income for the first quarter of 2021 was RMB12.2 million (US$1.9 million), compared with a net loss of RMB34.7 million for the previous quarter and a net loss of RMB197.0 million for the same quarter last year.

LAIX Inc. Announces First Quarter 2021 Unaudited Financial Results

SHANGHAI, May 20, 2021 /PRNewswire/ -- LAIX Inc. ("LAIX" or the "Company") (NYSE: LAIX), an artificial intelligence (AI) company in China that creates and delivers products and services to popularize English learning, today announced that it will report its first quarter 2021 unaudited financial results on Wednesday, May 26, 2021, after the close of the U.S. markets. The Company's management will host an earnings conference call at 9:00 PM U.S. Eastern Time on May 26, 2021 (9:00 AM Beijing/Hong Kong time on May 27, 2021).

LAIX Inc. to Report First Quarter 2021 Financial Results on Wednesday, May 26, 2021

SHANGHAI, April 29, 2021 /PRNewswire/ -- LAIX Inc. ("LAIX" or the "Company") (NYSE: LAIX), an artificial intelligence (AI) company in China that creates and delivers products and services to popularize English learning, today announced that the Company has filed its annual report on Form 20-F that includes its audited financial statements for three years ended December 31, 2020 with the Securities and Exchange Commission on April 29, 2021. The annual report is available on the Company's website at ir.laix.com.

LAIX Inc. Filed 2020 Annual Report on Form 20-F

LAIX, Inc. (LAIX) CEO Yi Wang on Q4 2020 Results - Earnings Call Transcript

SHANGHAI, April 27, 2021 /PRNewswire/ -- LAIX Inc. ("LAIX" or the "Company") (NYSE: LAIX), an artificial intelligence (AI) company in China that creates and delivers products and services to popularize English learning, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2020. Fourth Quarter 2020  Financial and Operating Highlights Gross billings[1] for the fourth quarter of 2020 were RMB171.1 million (US$26.2 million), a 33.4% decrease from RMB257.1 million for the previous quarter and a 50.0% decrease from RMB341.9 million for the same quarter last year.

LAIX Inc. Announces Fourth Quarter and Full Year 2020 Unaudited Financial Results

SHANGHAI, April 15, 2021 /PRNewswire/ -- LAIX Inc. ("LAIX" or the "Company") (NYSE: LAIX), an artificial intelligence (AI) company in China that creates and delivers products and services to popularize English learning, today announced that it will report its fourth quarter and full year 2020 unaudited financial results on Tuesday, April 27, 2021, after the close of the U.S. markets. The Company's management will host an earnings conference call at 9:00 PM U.S. Eastern Time on April 27, 2021 (9:00 AM Beijing/Hong Kong time on April 28, 2021).

LAIX Inc. to Report Fourth Quarter and Full Year 2020 Financial Results on Tuesday, April 27, 2021

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The stock price of LAIX Inc (NYSE: LAIX) has increased by over 10% pre-market. This is why it happened.

LAIX Stock Price Increased Over 10% Pre-Market: Why It Happened

The stock price of LAIX Inc (NYSE: LAIX) is trading at over 39% pre-market today as of 7:26 AM ET. This is why it happened.

LAIX Stock Price Increases Over 39% Pre-Market: Why It Happened

LAIX (LAIX) stock is on the rise Friday as shares see heavy trading despite a lack of news concerning the Chinese AI company. The post LAIX Stock: 6 Things for Investors to Know About the Chinese AI Company appeared first on InvestorPlace.

LAIX Stock: 6 Things for Investors to Know About the Chinese AI Company

The stock price of LAIX Inc (NYSE: LAIX) is trading at over 100% pre-market as of 4:32 AM ET. This is why it happened.

News for LAIX Inc - ADR Stock (LAIX)