TuanChe Ltd (TC) News

What's your thought? Still in? 

tc.......................https://stockcharts.com/h-sc/ui?s=tc&p=W&b=5&g=0&id=p86431144783

TC 5.60 MAGNET...DO WE DARE

Don't blink

TC...CHINA ROATATION STILL TAKING PLACE

HALT OFF

TC CHINA MONSTER

TC..............................https://stockcharts.com/h-sc/ui?s=TC&p=W&b=5&g=0&id=p86431144783

Follow the Skip

Bought in at 1.62. she ready to burst!

TC going to fly

TC...GETBREADY TO RUMBLE MONDAY IN THE JUNGLE....1.3 MILLY OS...FRIDAYS AFTER HOUR LOAD ZONE

TC: effective Jan. 26,2024 a one for 15 reverse split:

https://hedgefollow.com/upcoming-stock-splits.php

TuanChe Announces Pricing of $15 Million Registered Direct Offering
PR Newswire 3 hrs ago

https://www.valdostadailytimes.com/ap/business/tuanche-announces-pricing-of-15-million-registered-direct-offering/article_2d7eb6b5-13f9-5012-8774-da9a3cd6ca39.html

80% drop today

Look at the daily chart on this. Bolted from $2.50 last few days and nobody here lol

Brighter days.

-- Trustcash Holdings, Inc. (the "Company") (OTCBB:TCHH) announced today that it has acquired all outstanding membership interests of Trustcash LLC, a leader of private and secure payment processing on the Internet.

Under the terms of the Purchase Agreement, the Company acquired all of the issued and outstanding membership interests of Trustcash LLC from the owners of Trustcash LLC, free and clear of all liens. Pursuant to the Agreement the Company elected Gregory Moss, who is a co-founder of Trustcash LLC, as its President and CEO, and a director, and Dennis Shafer as its Chairman of the Board.

The Company issued to the former members of Trustcash LLC an aggregate of 49,631,448 shares of common stock. It also paid to one former member $200,000 in cash and issued its 5% Secured Promissory Note in the principal amount of $700,000 payable in full in two years, subject to certain mandatory prepayment requirements out of future financings received by the Company, in return for, among other things, such member's surrender of certain indebtedness owed to it by Trustcash LLC. The Company's Note is secured by all the current and future assets of the Company and its subsidiaries and guaranteed by its Trustcash LLC subsidiary.

As a result of this acquisition, the former owners of Trustcash LLC now own approximately 42% of the Company's common stock (38.9% on a fully diluted basis). Messrs Moss and Shafer together own approximately 30% of the Company's common stock.

A copy of the Purchase Agreement and other related agreements will be filed as exhibits to the Company's Report on Form 8-K, the full text of which can be accessed by visiting http://www.sec.gov and completing a "Search for Company filings" under the Filings & Forms header on the front page.

About Trustcash Holdings, Inc.

$TC Tuanche's buy rating reiterated at Maxim Group. $6.00 PT. marketbeat.com/stocks/NYSE/TC/ $TC

$TC The 1 analysts offering 12-month price forecasts for TuanChe Ltd have a median target of 42.22, with a high estimate of 42.22 and a low estimate of 42.22. The median estimate represents a +2,852.29% increase from the last price of 1.43. https://money.cnn.com/quote/forecast/forecast.html?symb=tc

$TC TuanChe Limited is a China-based company principally operates an omni-channel automotive marketplace. The Company mainly provides integrated marketing solutions and virtual dealership services. Its integrated marketing solutions include transaction-facilitating auto shows. The Company mainly conducts its businesses through two segments: Auto Shows and Group-purchase Facilitation segments. Its auto shows involves four phases: annual planning, event request initiation, event planning and event execution. Its services in virtual dealership includes distribution channel expansion services for automakers and sourcing services for secondary dealers. Its online platform consists of its Website tuanche.com, its official WeChat account, its WeChat mini-program and its mobile applications.

Company Contact

Headquarters

100038 Beijing
CHN

http://ir.tuanche.com/