Borqs Technologies Inc (BRQS) Quote

Magic

Does anyone know how it's taken out? Thanks!

The divestment of Borqs Technologies, Inc.’s (the “Company”) ownership in Holu Hou Energy LLC as previously described and referenced in the Company’s Form 6­K filed on March 22, 2023, has been completed as of March 6, 2024.

Looks very green to me. But who knows. https://ih.advfn.com/stock-market/USOTC/borqs-technologies-qb-BRQSF/trades

SANTA CLARA, Calif., Oct. 06, 2023 (GLOBE NEWSWIRE) -- Borqs Technologies, Inc. (Nasdaq: BRQS, “Borqs”, or the “Company”), a global provider of 5G wireless and Internet of Things (IoT) solutions, today announced that it has received multiple non-binding indications of interest for its stake in Holu Hou Energy LLC (“HHE”) and a selected group of potential buyers have been invited to participate in the second round of due diligence and negotiations for the complete divestment of the Company’s interest in HHE.

As previously announced, the Company was mandated by CFIUS to divest its ownership in the solar energy storage subsidiary, HHE, due to national security concerns. Subsequently, Cantor Fitzgerald & Co., a nationally reputable investment firm, was engaged by the Company to initiate and manage the sales process of the Company’s ownership in HHE and has received considerable interest from potential buyers. The said transaction is on track to be finalized by the end of the year.

“Proceeds from the divestment will be used for the growth of our business, making strategic M&A, and we will also consider a share buyback program and/or a special dividend payout in order to enhance our shareholder value,” said Mr. Pat Chan, CEO of Borqs Technologies.

I sure hope this is the turning point. Borqs Technologies Inc (QB) (BRQSF) hit a downwards 5 year price breakout.
1 day ago. This is my idea of fun. Good Luck and they should update this board. Because of the symbol change. Here the link. https://ih.advfn.com/stock-market/USOTC/borqs-technologies-qb-BRQSF/stock-price

Yes, you're absolutely right! But now we have to look into the (near) future... hope that things turn out well somehow! Because nothing has changed in their business strategy and stocks can fly up all the more on the OTC. Will they be able to list on the Nasdaq again soon, or???
GLTA

these dummies should of put a pr out when stock listed saying that they were going to pay huge special divy when they sell the solar. that would of moved stock up with new buyers and shorts covering2.2 they didnt learn on last rs.

Again news and new ticker symbol: BRQSF on Pink Sheet

Form 6-K

Effective when the market opened on October 27, 2023, Borqs Technologies, Inc. (the “Company”), began trading on the OTC Pink Market and its ticker symbol changed from “BRQS” to “BRQSF”. No action by the Company's shareholders is required with respect to the ticker symbol change or transfer to the OTC Pink Market. The Company’s CUSIP number will remain unchanged.

EXPLANATORY NOTE



On October 25, 2023, Borqs Technologies, Inc. (the “Company”) received notification from the Nasdaq Hearings Panel (the “Panel”), that the Panel has determined to delist the ordinary shares of the Company due to its failure to meet the terms of the Panel’s June 2, 2023 decision that granted the Company an extension until October 24, 2023 to regain compliance with the minimum $1 bid price requirement, as set forth in Nasdaq’s Listing Rule 5550(a)(2). Trading of the Company’s ordinary shares will be suspended on the Nasdaq Capital Market as of the open of trading on Friday October 27, 2023. Accordingly, the ordinary shares of the Company are expected to commence quotation on the OTC Markets (either OTCQB or OTC Pink Market) as of the open of trading on Friday October 27, 2023 under the current stock symbol “BRQS”. The transition to the OTC Markets will not affect the Company’s business operations and the Company will continue to file periodic and other reports under the Securities Exchange Act of 1934, as amended.






The Company has submitted an application to have its ordinary shares quoted on the OTCQX, which is typically a three to four week process for approval. OTCQX is the top tier of three markets organized by OTC Markets Group Inc. for trading over-the-counter securities, and is designed for established, investor-focused U.S. and international companies. To qualify for the OTCQX market, companies must meet high financial standards, follow best practice corporate governance, demonstrate compliance with U.S. securities laws, and be current with their disclosure. There is no guarantee that the ordinary shares will be approved for quotation on OTCQX within three to four weeks or at all.

stock delisted. what idiots. they should of issued stock buyback when just did rs to make sure above buck. they pounded it down so fast. glad i sold all mths ago. sorry for everyone. they got to sell their solar and now no stock. what idiots

BRQS new 52 week low

What is happening now? The price has collapsed again... GLTA

Share price went 12 times higher and divided by 3 lol

What the faq is this 1 share bullshit

what idiots. they didnt learn the last time they did a rs. they allowed cockroaches to get rich hoping on the stock and riding it down to18 cents .the gov says they got to sell their solar by end of year. they will probably issue special divy that could be over buck and stock would fly over buck and they wouldnt have to do rs. i have never seen dumber management . poor employees who got stock

How low could it go?? The Market Cap only 8.33M. HHE divestment ongoing.. I am speechless.. GLTA

BRQS new 52 week low

Nice

correct. and even DUMPED down below .80 as well

BRQS new 52 week low

No

Hope to see Borqs start share buy back today. Do you think that could happen before the Earnings Report? https://www.otcmarkets.com/stock/BRQS/security

What a trash company... they announce a reverse split, then news of potential new contract lol ... file bankruptcy already

Ihub shows shares outstanding at 175 million... so that would change to 14.5 million and share price at 1.56 based on .13 trading price.... lol its gonna get crushed back down to .80 more than likely after that

Lol instead of a share buy back like they spoke of in desperate a short while ago following their plans to sell one of their subs in Hawaii, they decide on share split LOL 😆

these idiots dont learn. they were pounded down on last split. what about selling the solar where is all that news?? when going to happen???

all they have to do is sell solar give us special divy of over buck and stock will be over buck

lol, another one.

https://www.nasdaq.com/press-release/borqs-technologies-announces-reverse-stock-split-2023-09-29

If this makes it over 30 cents without another reverse split I will eat one of hottoddy’s shoes live on Twitter.

81000 SHARE BUY . ALOT OF BUYS $$$$$$$$$$$$$$$$

BUYOUT TIME??? HUGE BUYS 45K, 39K PLUS MORE. they need to get over buck. hopefullt buck or higher special divy

UP UP AND AWAY $$$$$$$$$$$$$$$$

The trend is your friend…this isn’t a lt hold…

https://stockcharts.com/c-sc/sc?s=BRQS&p=W&b=5&g=0&i=t7735671201c&r=1694485911540">https://stockcharts.com/c-sc/sc?s=BRQS&p=W&b=5&g=0&i=t7735671201c&r=1694485911540" />

Stoxline posted a BUY today, same as yesterday. Upward movement continues. I really can't wait to see earnings. Any idea as to a release date? https://www.americanbulls.com/SignalPage.aspx?lang=en&Ticker=BRQS

Merry Christmas $$$$$

Good update.

BRQS

EARNINGS TODAY? web site looks good. https://holuhou.com/

Lol

BIG BUYS COMING IN, 16000,14000,12000.$$ 96000, 30K YESTERDAY.

ITS BUYOUT TIME 96K BUY, 30K SHARE BUY $$$$$$$$$ LETS SEE ANOUNCEMENT TOMORRO9W P9LUS $2 SPECIAL DIVY

$BRQS - Up 12.8% Pre-Market/ Current Price $0.20
Borqs Technologies To Develop Edge AI-enabled Smart Watch for the U.S. Market

5000 BID/ 100 ASK $$$$$$$$$$$$

did u guys see that???130000 SHARE BUY @.1935 AND 39K BUY ATB .1940. BUYOUT OF SOLAR TIME?????

they got to give us a big divy when they sell their hot solar. got to be over buck to get stock over buck $$$$$

Nice move today.

BRQS

I don’t think so

Trail of tears. https://swingtradebot.com/equities/BRQS

Bid filled on dip below ,17. Big immediate bounce would be nice.

BRQS

Lol

they learned the hardway about rs. only way to get over buck is they give us buck or 2 special divy when they sell their solar. thats only way to get over buck FAST AND THEY HAVE TO DO IT.

i sent ir the above.

The point is they have done many reverse splits. Over and over. They HAVEN’T learned.