Articles from NIP GROUP INC.

ABU DHABI, United Arab Emirates, April 25, 2025 (GLOBE NEWSWIRE) -- NIP Group Inc. (“NIPG” or the “Company”) (NASDAQ: NIPG), a leading digital entertainment company, today announced that it plans to report its unaudited financial results for the six months and full year ended December 31, 2024, before the U.S. market opens on April 30, 2025.

New High-tech Esports Center to Include Comprehensive Live Streaming Facilities, Diverse Influencer-themed Districts, Esports Training Centers, IP-based Tournaments and More

Agreement to spearhead NIP Group’s establishment of global headquarters in Abu Dhabi with additional resources to further expand global presence

SHENZHEN, China, Dec. 20, 2024 (GLOBE NEWSWIRE) -- NIP Group Inc. (NASDAQ: NIPG) (“NIP Group” or the “Company”), a leading digital entertainment company, is breaking new ground with the introduction of its first MOBA game: Re: Aetatis. This highly anticipated cutting-edge sci-fi MOBA mobile game begins open beta testing on December 24, 2024, inviting players to experience the next evolution in competitive gaming.

Partnership to Transform MIR M into Global Esports Title

Net revenues from Events Production Increased by 376.5% YoYTotal operating expenses reduced by 49% YoY, narrowing net loss by 59%Leveraging core competencies to create an expansive digital entertainment ecosystem with diverse revenue streams.

WUHAN, China, Nov. 20, 2024 (GLOBE NEWSWIRE) -- NIP Group Inc. (NASDAQ: NIPG) (“NIP Group” or the “Company”), a leading digital entertainment company, today announced that it plans to report its financial results for the six months ended June 30, 2024, before the U.S. market opens on November 25, 2024.

Strategic acquisition strengthens NIP Group's position in talent management and expands its digital entertainment ecosystem

SHENZHEN, China, Oct. 07, 2024 (GLOBE NEWSWIRE) -- NIP Group Inc. (NASDAQ: NIPG) (“NIP Group” or the “Company”), a leading digital entertainment company, today announced the appointment of Randy Hearst Harris as an independent director to its Board of Directors (the “Board”), effective September 24, 2024.

Esports Powerhouse Diversifies into Game Development Industry Veteran Allen Sui to Lead New Venture

SHANGHAI, Aug. 21, 2024 (GLOBE NEWSWIRE) -- Digital entertainment company, NIP Group Inc. (NASDAQ: NIPG) (the “Company” or “NIP Group”), today announced a strategic partnership with Homeinns Hotels Group (“Homeinns”, affliated with the BTG Homeinns Hotels Group), a leading hospitality company in China. This collaboration will establish a joint venture focused on the development and operation of esports-themed hotels, with NIP Group taking the controlling stake to oversee investment, operations, and management.

STOCKHOLM, July 29, 2024 (GLOBE NEWSWIRE) -- NIP Group Inc. (NASDAQ: NIPG) ("NIP" or the "Company"), a leading esports organization with expansive global footprint by virtue of its operations across Asia, Europe, and South America, today announced the closing of its initial public offering of 2,250,000 American depositary shares ("ADSs") at a price of US$9.00 per ADS. In addition, the underwriters partially exercised their option to purchase an additional 182,526 ADSs at the initial public offering price on July 26, 2024. Each ADS represents two Class A ordinary shares of the Company. The exercise of the underwriters' option closed concurrently today. NIP's ADSs began trading on the Nasdaq Global Market on Friday, July 26, 2024, under the ticker symbol "NIPG."

STOCKHOLM, July 26, 2024 (GLOBE NEWSWIRE) -- NIP Group Inc. (the “Company” or “NIP”), a leading esports organization with the most expansive global footprint by virtue of its operations across Asia, Europe and South America, today announced the pricing of its initial public offering of 2,250,000 American depositary shares (“ADSs”), at US$9.00 per ADS, for a total offering size of US$20.25 million, assuming the underwriters do not exercise their option to purchase additional ADSs. Each ADS represents two Class A ordinary shares of the Company. The ADSs have been approved for listing and are expected to begin trading on the Nasdaq Global Market on July 26, 2024, under the ticker symbol “NIPG.” The offering is expected to close on July 29, 2024, subject to customary closing conditions.