{"id":474052,"date":"2021-04-09T06:03:02","date_gmt":"2021-04-09T10:03:02","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=474052"},"modified":"2021-04-09T06:03:02","modified_gmt":"2021-04-09T10:03:02","slug":"ebang-international-to-address-the-shareholders-in-an-open-letter","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/ebang-international-to-address-the-shareholders-in-an-open-letter\/","title":{"rendered":"Ebang International to Address the Shareholders in an Open Letter"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">HANGZHOU, China, April  09, 2021  (GLOBE NEWSWIRE) &#8212; Ebang International Holdings Inc. (Nasdaq: EBON, the \u201cCompany,\u201d \u201cwe\u201d or \u201cour\u201d), a blockchain technology company in the global market, today announced that it plans to address the shareholders in an open letter at the beginning of next week to respond to allegations in the short seller report issued by Hindenburg Research on April 6, 2021. In the open letter, the management will reaffirm its vision for the Company\u2019s future and provide updates to its ongoing expansion plans. Such letter is further expected to reaffirm the Company\u2019s commitment to create value for all shareholders and take whatever necessary and appropriate actions that may be required to protect the interest of its shareholders.<\/p>\n<p align=\"justify\">\n        <strong>About Ebang International Holdings Inc.<\/strong>\n      <\/p>\n<p align=\"justify\">Ebang International Holdings Inc. is a blockchain technology company with strong application-specific integrated circuit (ASIC) chip design capability. With years of industry experience and expertise in ASIC chip design, it has become a leading bitcoin mining machine producer in the global market with steady access to wafer foundry capacity. With its licensed or registered entities in various jurisdictions, the Company seeks to launch a professional, convenient and innovative digital asset financial service platform to expand into the upstream and the downstream of blockchain and cryptocurrency industry value chain. For more information, please visit\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=8T0H2j9GXAJ_mfuIE4Iwfn-97TdIEkmj0HGaH-uloiFIxHnspxRRPGZnolvEowr-T_MgB-05xHmA2X3YdoTwdbHhFsnd0ZJqByf17eKtdCYcYlBhc9OqblW-iHbgtJ1HO9-TanxmuhdUc0IdO8vkEOme_7xRTD65HAZK7YN1RY890OuF7-XYxtMqWu14Pjk9JhX6v1G8DXsjKyYWYdwxrEgbi5MnV1jNgRCDIU-PY9P9s2iVM-_Xgzg2W4VjOFoIhdGV3Py5FsNQu_34Gvw0kA==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><strong>https:\/\/ir.ebang.com.cn\/<\/strong><\/a>.<\/p>\n<p align=\"justify\">\n        <strong><br \/>\n          <em>Safe Harbor Statement<\/em><br \/>\n        <\/strong>\n      <\/p>\n<p align=\"justify\">\n        <em>This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, the Company\u2019s development plans and business outlook, which can be identified by terminology such as \u201cmay,\u201d \u201cwill,\u201d \u201cexpects,\u201d \u201canticipates,\u201d \u201caims,\u201d \u201cpotential,\u201d \u201cfuture,\u201d \u201cintends,\u201d \u201cplans,\u201d \u201cbelieves,\u201d \u201cestimates,\u201d \u201ccontinue,\u201d \u201clikely to\u201d and other similar expressions. Such statements are not historical facts, and are based upon the Company\u2019s current beliefs, plans and expectations, and the current market and operating conditions. Forward-looking statements involve inherent known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company\u2019s control, which may cause the Company\u2019s actual results, performance and achievements to differ materially from those contained in any forward-looking statement. Further information regarding these and other risks, uncertainties or factors is included in the Company&#8217;s filings with the U.S. Securities and Exchange Commission. These forward-looking statements are made only as of the date indicated, and the Company undertakes no obligation to update or revise the information contained in any forward-looking statements as a result of new information, future events or otherwise, except as required under applicable law.<\/em>\n      <\/p>\n<p align=\"justify\">\n        <strong>Investor Relations Contact<\/strong>\n      <\/p>\n<p align=\"justify\">For investor and media inquiries, please contact:<\/p>\n<p align=\"justify\">Ebang International Holdings Inc.<br \/>Email:\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=mCQYrZCR1tz4kcikojQkmKrlrXb4SoJ-ESRrBdREZXKNUlFgqKNlwCPIALdmgtDC3wIB819-ixRx0LC_FuexZA==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><strong>ir@ebang.com.cn<\/strong><\/a><\/p>\n<p align=\"justify\">Ascent Investor Relations LLC<br \/>Ms. Tina Xiao<br \/>Tel: (917) 609-0333<br \/>Email:\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=xF4bM8f90LvDVdc-Mr5SAjjNI5JPXZ261-V4aabsPStDfK7m3nQs37yikiA4Sx-pkhcs9LDiq-P3d8v7oSNxDNWCEs3_hniYTLhhRFUvubo=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><strong>tina.xiao@ascent-ir.com<\/strong><\/a><\/p>\n<p \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODIxNDIzMiM0MTEzMTcwIzIxOTc1MDU=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/20a5df47-09a3-45a8-afee-0d93a77ef993\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>HANGZHOU, China, April 09, 2021 (GLOBE NEWSWIRE) &#8212; Ebang International Holdings Inc. (Nasdaq: EBON, the \u201cCompany,\u201d \u201cwe\u201d or \u201cour\u201d), a blockchain technology company in the global market, today announced that it plans to address the shareholders in an open letter at the beginning of next week to respond to allegations in the short seller report issued by Hindenburg Research on April 6, 2021. In the open letter, the management will reaffirm its vision for the Company\u2019s future and provide updates to its ongoing expansion plans. Such letter is further expected to reaffirm the Company\u2019s commitment to create value for all shareholders and take whatever necessary and appropriate actions that may be required to protect the interest of its shareholders. About &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ebang-international-to-address-the-shareholders-in-an-open-letter\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Ebang International to Address the Shareholders in an Open Letter&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-474052","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ebang International to Address the Shareholders in an Open Letter - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ebang-international-to-address-the-shareholders-in-an-open-letter\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ebang International to Address the Shareholders in an Open Letter - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"HANGZHOU, China, April 09, 2021 (GLOBE NEWSWIRE) &#8212; Ebang International Holdings Inc. (Nasdaq: EBON, the \u201cCompany,\u201d \u201cwe\u201d or \u201cour\u201d), a blockchain technology company in the global market, today announced that it plans to address the shareholders in an open letter at the beginning of next week to respond to allegations in the short seller report issued by Hindenburg Research on April 6, 2021. In the open letter, the management will reaffirm its vision for the Company\u2019s future and provide updates to its ongoing expansion plans. Such letter is further expected to reaffirm the Company\u2019s commitment to create value for all shareholders and take whatever necessary and appropriate actions that may be required to protect the interest of its shareholders. 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