Latest TROO news

TROOPS, Inc. (NASDAQ: TROO) Issues Statement Rebutting Misleading Short-Seller Report and Provides Update on Hong Kong Legal Proceedings

PRNewsWire · Thu, 20 Aug 2026 10:03:00 -0400

HONG KONG, Aug. 20, 2026 /PRNewswire/ -- TROOPS, Inc. (NASDAQ: TROO) ("TROOPS" or the "Company") today issued the following statement in response to a short-selling report published by Muddy Insights (https://muddyinsights.com/reports/troo-jul11-2026) (the "Report") concerning the Company and related legal proceedings in Hong Kong. The Report contains speculative assertions, selective presentation of facts, and unsubstantiated conclusions regarding the Company's financial position, legal exposure, and ongoing court matters.

TROOPS, Inc. Announces Strategic Investment and Unveils HK Golden, Inc.'s Visionary Roadmap to Become a Global Financial and Cultural Powerhouse

PRNewsWire · Wed, 07 Jan 2026 10:30:00 -0500

HONG KONG, Jan. 7, 2026 /PRNewswire/ -- TROOPS, Inc. (NASDAQ: TROO) ("TROOPS" or the "Company"), a conglomerate group building synergistic ecosystems across financial technology, property investment, and insurance services, today announced a significant strategic development through its investment in the digital media landscape. Following the appointment of CFN Lawyers LLC as U.S. securities counsel, HK Golden, Inc., the operator of one of Hong Kong's most influential online forums and a strategic partner of TROOPS, has formally embarked on a journey towards an initial public offering (IPO) on The Nasdaq Stock Market, with a target timeline set for 2026.

TROOPS, Inc. Accelerates Global Expansion with Strategic £40M UK Property Portfolio Acquisition to Diversify Assets and Expand Co-living / Co-working Footprint

PRNewsWire · Thu, 14 Aug 2025 08:30:00 -0400

HONG KONG , Aug. 14, 2025 /PRNewswire/ -- TROOPS, Inc. (NASDAQ: TROO) ("TROOPS" or the "Company") today announced the Company signed a non-binding Memorandum of Understanding ("MOU") to acquire a portfolio of UK property assets valued at approximately £40 million on August 13, 2025. This strategic acquisition accelerates TROOPS' global growth strategy, diversifying its asset mix with income-generating international real estate across markets from Asia to Europe.

TROOPS, Inc. (NASDAQ: TROO) Intends to Bolster Shareholder Value with Strategic Stock Repurchase

PRNewsWire · Fri, 25 Jul 2025 08:30:00 -0400

HONG KONG , July 25, 2025 /PRNewswire/ -- TROOPS, Inc. (NASDAQ: TROO) ("TROOPS" or the "Company") today announced that the Company has initiated its stock repurchasing plan by entering into a stock repurchase agreement (the "Stock Repurchase Agreement") with an existing shareholder (the "Shareholder"). On July 18, 2025, the Shareholder agreed to the Company's notice to exercise its repurchase option as outlined in the stock purchase agreement dated on May 28, 2025.

TROOPS, Inc. (NASDAQ: TROO) Subsidiary Enters Letter of Intent to Acquire Stake in Malaysian Co-living and Co-working Space

PRNewsWire · Wed, 16 Jul 2025 11:00:00 -0400

HONG KONG , July 16, 2025 /PRNewswire/ -- TROOPS, Inc. (NASDAQ: TROO) ("TROOPS" or the "Company") today announced that its wholly-owned subsidiary, Giant Connection Limited (the "Purchaser"), has entered into a Letter of Intent ("LOI") with Jupiter Stone Holding Limited (the "Vendor") to acquire a 49% equity interest in Y Concept Holding Limited, the Hong Kong parent company of The Cara Hotel, a co-living and co-working space in Malaysia. Key Transaction Details Acquisition Structure: Giant Connection Limited will acquire 49% of Jupiter Stone Holding Limited's 62.5% ownership in Y Concept Holding Limited.

TROOPS, Inc. (NASDAQ: TROO) Subsidiary Intends to Acquire 49% of a Taiwan-based Co-working Space Operator WORK, Inc., with Path to Full Ownership

PRNewsWire · Mon, 14 Jul 2025 10:30:00 -0400

HONG KONG , July 14, 2025 /PRNewswire/ -- TROOPS, Inc. (Nasdaq: TROO) ("TROOPS" or the "Company"), today announced its wholly-owned subsidiary Giant Connection Limited (the Purchaser") has recently entered into a Letter of Intent ("LOI") with WORLD HONOR HOLDINGS LIMITED (the "Vendor"), to acquire 49% share ownership of WORK, Inc., a British Virgin Islands co-working space operator with operations in Taiwan. The transaction includes a put option for the Vendor to sell the remaining 51% share ownership to the Purchaser in the future.

TROOPS, Inc. (Nasdaq: TROO) Announces Update on Hong Kong High Court Judgment and Explores Strategic Legal Options to Safeguard Shareholder Interests

PRNewsWire · Wed, 02 Jul 2025 16:30:00 -0400

HONG KONG , July 2, 2025 /PRNewswire/ -- TROOPS, Inc. (Nasdaq: TROO) (the "Company" or "TROOPS") today announced that the Company has received a judgement (the "Judgement") issued by the High Court of Hong Kong Special Administrative Region Court of First Instance in connection with the action no. HCA 938/2022.

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