What’s Behind The Crazy Spike in Kaixin Auto Holdings (KXIN) Stock?

Kaixin Auto Holdings (NASDAQ: KXIN) today announced that it received compliance from NASDAQ Stock to acquire 100% share capital of Haitaoche Limited. Both the companies entered into a share purchase agreement on Dec 31, 2020. The inked deal is subject to several conditions, such as shareholder approval of the amendment to the Company’s article of […]