Profile
Sector:
HealthcareIndustry:
Pharmaceutical RetailersCountry:
ChinaIPO:
01 October 2009Website:
http://www.jiuzhou360.comNext earnings report:
18 November 2024Last dividends:
N/ANext dividends:
N/APrice
regular market | 18 min agoDividend
Analysts recommendations
Institutional Ownership
CJJD Latest News
HANGZHOU, China , June 11, 2024 /PRNewswire/ -- China Jo-Jo Drugstores, Inc. (Nasdaq: CJJD) ("Jo-Jo Drugstores" or the "Company"), a leading online and offline retailer, wholesale distributor of pharmaceutical and other healthcare products and healthcare provider in China, today announced that it has entered into definitive agreements with a number of investors providing for the issuance of 1,980,000 million ordinary shares, at a purchase price of $1.70 per share, in a registered direct offering for an aggregate gross proceeds of approximately $3.37 million. The closing of the sale of the securities is expected to occur on or about June 26, 2024, subject to satisfaction of customary closing conditions.
China Jo-Jo Drugstores (NASDAQ: CJJD) stock price has cratered as the future of the company remains in peril. The shares plunged to a low of $0.67, the lowest level in months.
On another mixed session today, investors appear to be humming and hawing about how many large-cap stocks will perform. However, there's outsized interest in some small-cap names today, with China Jo-Jo Drugstores (NASDAQ: CJJD ) seeing impressive buying pressure.
HANGZHOU, China, April 18, 2023 /PRNewswire/ -- China Jo-Jo Drugstores, Inc. (Nasdaq: CJJD) ("Jo-Jo Drugstores" or the "Company"), a leading online and offline retailer, wholesale distributor of pharmaceutical and other healthcare products and healthcare provider in China, today announced that it has entered into a definitive agreement with an institutional investor (the "Investor") providing for the issuance of 2,258,888 ordinary shares, at a purchase price of $3.10 per share, in a registered direct offering for aggregate gross proceeds of approximately $7 million.
What type of business is China Jo-Jo Drugstores?
China Jo-Jo Drugstores, Inc. operates as a retailer and wholesale distributor of pharmaceutical and other healthcare products in the People's Republic of China. The company operates through three segments: Retail Drugstores, Online Pharmacy, and Drug Wholesale. Its stores provide various pharmaceutical products, including prescription and over-the-counter drugs, nutritional supplements, traditional Chinese medicines (TCM), personal and family care products, and medical devices, as well as convenience products, such as consumable, seasonal, and promotional items. The company offers consultation, examination, and treatment of common ailments by licensed doctors in western medicine and TCM at scheduled hours. In addition, it provides treatment for minor ailments, such as sprains, minor lacerations, and dizziness; acupuncture, therapeutic massage, and cupping services; and minor outpatient surgical treatments, including suturing. Further, it offers OTC drugs and nutritional supplements through its website www.dada360.com, as well as sells products through third-party platforms. Additionally, the company distributes third-party pharmaceutical products to trading companies, as well as cultivates and wholesales herbs used for TCM. It operates pharmacies under the Jiuzhou Grand Pharmacy name. China Jo-Jo Drugstores, Inc. is headquartered in Hangzhou, the People's Republic of China.
What sector is China Jo-Jo Drugstores in?
China Jo-Jo Drugstores is in the Healthcare sector
What industry is China Jo-Jo Drugstores in?
China Jo-Jo Drugstores is in the Pharmaceutical Retailers industry
What country is China Jo-Jo Drugstores from?
China Jo-Jo Drugstores is headquartered in China
When did China Jo-Jo Drugstores go public?
China Jo-Jo Drugstores initial public offering (IPO) was on 01 October 2009
What is China Jo-Jo Drugstores website?
https://www.jiuzhou360.com
Is China Jo-Jo Drugstores in the S&P 500?
No, China Jo-Jo Drugstores is not included in the S&P 500 index
Is China Jo-Jo Drugstores in the NASDAQ 100?
No, China Jo-Jo Drugstores is not included in the NASDAQ 100 index
Is China Jo-Jo Drugstores in the Dow Jones?
No, China Jo-Jo Drugstores is not included in the Dow Jones index
When was China Jo-Jo Drugstores the previous earnings report?
No data
When does China Jo-Jo Drugstores earnings report?
The next expected earnings date for China Jo-Jo Drugstores is 18 November 2024