Glory Star Stock (NASDAQ:GSMG) surges on subscription agreement

Operation Vala Zonke launched in Northern Cape

The Premier of the Northern Cape, Dr Zamani Saul, together with the MECs for Roads and Public Works, Ms Fufe Makatong, and Transport, Safety and Liasion, Ms Nomandla Bloem, joined by a team from SANRAL led by the Regional Manager, Mr Randal Cable, today launched the roll out of the provincial leg of Operation Vala Zonke. This is a national campaign aimed at repairing potholes.

Response to a Social Media post of a patient living with a disability waiting for a file

South Africa: Limpopo department of health has noted the story circulating on social media of a patient living with disabilities waiting for a file at Siloam Hospital.

Dominica continuously making new investments in education sector

Roseau, Dominica: The government of Dominica is making a new investment in the education sector without taking any break. The goal of the Caribbean country is to prepare youngsters for the future and utilize the new, modern technologies in order to advance the sector.

Official opening of Eastern Cape Arts Exhibition

South Africa: The Eastern Cape Arts Exhibition opened today at the Nelson Mandela Metropolitan Art Museum in St. George's Park.

Meme stocks have taken centerstage ignoring fundamentals and simply surging on community participation and viral buzz. Could that be the destiny for Glory Star New Media Group Holdings Ltd (NASDAQ: GSMG)? On Friday, the company announced it entered into a subscription agreement to purchase up to $10 million in ordinary shares and warrants at a fixed combined purchase price of $3.50. This news was enough for traders and investors to flock into the stock with more than 2,127,349 shares exchanged hands compared to an average volume of 2.06M and a market cap of over $180.52M.Glory Star New Media Group Holdings Limited (GSMG) opened at $2.1600 and traded between the range of 2.1300 – 2.8300. The stock currently has a 52-week range of 1.2800 – 4.8600. As per the news release, each warrant will be exercisable immediately and will expire one year from the date of issuance. The company will be using the net proceeds from the offering primarily for working capital and other general corporate purposes. The first closing of the offering is expected to close around Aug. 30.

Glory Star New Media Group Holdings Ltd. engages in the provision of advertisement and content production services. It operates through the following segments: Cheers APP Internet Business and Traditional Media Business. The Cheers APP Internet Business segment is an e-commerce platform in which shoppers can access multiple segments such as online store (e-Mall)live streaming shows original short videos and online games. The company was founded on February 52018 and is headquartered in Beijing China.

Operation Vala Zonke launched in Northern Cape

The Premier of the Northern Cape, Dr Zamani Saul, together with the MECs for Roads and Public Works, Ms Fufe Makatong, and Transport, Safety and Liasion, Ms Nomandla Bloem, joined by a team from SANRAL led by the Regional Manager, Mr Randal Cable, today launched the roll out of the provincial leg of Operation Vala Zonke. This is a national campaign aimed at repairing potholes.

Response to a Social Media post of a patient living with a disability waiting for a file

South Africa: Limpopo department of health has noted the story circulating on social media of a patient living with disabilities waiting for a file at Siloam Hospital.

Dominica continuously making new investments in education sector

Roseau, Dominica: The government of Dominica is making a new investment in the education sector without taking any break. The goal of the Caribbean country is to prepare youngsters for the future and utilize the new, modern technologies in order to advance the sector.

Official opening of Eastern Cape Arts Exhibition

South Africa: The Eastern Cape Arts Exhibition opened today at the Nelson Mandela Metropolitan Art Museum in St. George's Park.

Deputy Minister Nocawe Mafu congratulates Team SA on pocketing more medals at the 2022 Commonwealth Games

Birmingham (UK): Team South Africa added four more medals to their collection at the ongoing Commonwealth Games in Birmingham on Saturday.

Female law enforcement officers kick off women’s month with special operations

South Africa: 3816 (Three thousand eight hundred sixteen) vehicles were checked, and 184 traffic fines were issued at roadblocks conducted by 238 female law enforcement officers and other stakeholders across the five municipal districts in the province.