BLCT News and Press, BlueCity Holdings Limited

BEIJING, Aug. 12, 2022 (GLOBE NEWSWIRE) -- BlueCity Holdings Limited (“BlueCity” or the “Company”) (NASDAQ: BLCT), a leading online LGBTQ platform, today announced that completion of the merger (the “Merger”) with Diversefuture Limited (the “...

BlueCity ( NASDAQ: BLCT ) announced that shareholders voted in favor of, among other things, the proposal to authorize and approve the earlier announced merger agreement. Approx. 48.1% of the total outstanding Class A ordinary shares and Class B ordinary shares, voted...

BEIJING, July 29, 2022 (GLOBE NEWSWIRE) -- BlueCity Holdings Limited (“BlueCity” or the “Company”) (NASDAQ: BLCT), a leading online LGBTQ platform, today announced that at an extraordinary general meeting of shareholders held today, the Company’s sharehold...

Zendesk to be acquired by an investor group led by investment firms Permira and Hellman & Friedman in an all-cash transaction valued at approximately $10.2 billion. The price that Zendesk finally settled for was 40% below the midpoint of the original offer made by the same group o...

BEIJING, June 23, 2022 (GLOBE NEWSWIRE) -- BlueCity Holdings Limited (“BlueCity” or the “Company”) (NASDAQ: BLCT), a leading online LGBTQ platform, today announced it has called an extraordinary general meeting of shareholders (the “EGM”), to be hel...

Merger activity ground to a halt last week with no new deals announced. JetBlue sweetened its offer for Spirit. Oracle completed its massive $24.3 billion deal for healthcare software company Cerner. For further details see: Merger Arbitrage Mondays: The Bidding War For ...

One of the largest tech deals in M&A history was announced last week. Chipmaker Broadcom entered into an agreement to acquire VMware for $69 billion in a cash or stock deal. Broadcom's acquisition of VMware will be reviewed by either the FTC or the DOJ, the Committee on Foreig...

Potential deal in the works, ManTech International Corporation entered into a definitive agreement to be acquired by global investment firm Carlyle. Diamondback to acquire all of the publicly held common units representing the limited partner interests in Rattler not already owned by ...

BlueCity (NASDAQ:BLCT) has promoted Junchen Sun to the role of Chief Financial Officer, effective May 19, 2022. Sun was previously serving as acting CFO. Prior to joining BlueCity, he served as financial controller at MicroMedia Holdings. For further details see: BlueCity promotes Junch...

BEIJING, May 19, 2022 (GLOBE NEWSWIRE) -- BlueCity Holdings Limited (“BlueCity” or the “Company”) (NASDAQ: BLCT), a leading online LGBTQ platform, today announced that that it has promoted Mr. Junchen Sun, acting Chief Financial Officer of the Company, to Chief F...