US Market News
3月前
OST'S $0.06 SHARES SOLD AS $9.40 WINNERS -- INVESTORS LOST 94%: SUEWALLST, LLPMarch 19, 2026 9:00 AM
PR Newswire (US)
Promise vs. Reality: The Ostin Technology Performance Gap That Cost Investors $950 MillionNEW YORK, March 19, 2026 /PRNewswire/ -- The promise: guaranteed returns of 80% to 300% on a stock poised for acquisition at a premium. The reality: a 94.1% single-day collapse that destroyed $950 million in market capitalization, leaving thousands of investors across six countries holding shares worth pennies.
Find out if you can recover your investment in the OST fraud. You may also contact Joseph E. Levi, Esq. at jlevi@SueWallSt.com or ☎(888) SueWallSt.OST shares fell from $9.40 to $0.55 on June 26, 2025, a loss of $8.85 per share. The lead plaintiff deadline is April 17, 2026.The PromiseBeginning in May 2025, a coordinated promotional campaign allegedly made extraordinary representations to retail investors about Ostin Technology Group Co., Ltd. (Nasdaq: OST):"15-25% weekly returns" were allegedly promised through WhatsApp groups containing hundreds of membersOST was characterized as a "high-yield elite core investment" with profits "up to 300%"A fabricated 20-page report allegedly claimed "a major OLED display company" would acquire OST at a substantial premiumAI-generated deepfake videos featuring prominent financial figures were allegedly deployed to manufacture credibilityPromoters allegedly first recommended legitimate stocks that generated small profits before pivoting to OST, a classic "bait and switch" designed to lower investors' defensesThe RealityBehind the promotional campaign, the company's actual fundamentals told a starkly different story. The lawsuit asserts that OST was a failing display manufacturer with $38 million in annual revenue, $10.6 million in losses, a negative 27% profit margin, and a debt-to-equity ratio of 9.5. Institutional ownership stood at 0.1%. The company had required multiple reverse stock splits to avoid delisting.The complaint contends that select investors obtained approximately 80 million shares at an average cost of $0.0625 per share through a registered direct offering and warrant exchange agreement. Those same shares were promoted to retail investors at prices exceeding $9.00 per share, representing a markup of more than 14,000% over the insiders' alleged cost basis.The Numbers: Promised vs. Actual| What Was Promised | What Actually Happened || 80-150% gains in 4-6 weeks | 94.1% loss in a single day || Acquisition at a premium | No acquisition; no material corporate developments || $1 billion+ market cap company | $22 million actual market cap pre-scheme || "Non-restricted" shares from legitimate offering | DOJ alleges shares were instruments of a pump-and-dump conspiracy || "Hold until July 4" for maximum gains | Stock hit $0.08 by August 2025 (99.1% decline from peak) |"Companies that make specific promises to investors about future performance have an obligation to disclose known risks to those projections. The gap between what OST investors were told and what actually occurred raises profound questions about accountability." -- Joseph E. Levi, Esq.Speak with an attorney about recovering your OST losses or call ☎(888) SueWallSt.LEAD PLAINTIFF DEADLINE: April 17, 2026Levi & Korsinsky, LLP is a nationally recognized shareholder rights firm. Over the past 20 years, the firm has secured hundreds of millions of dollars for aggrieved shareholders. Ranked in ISS Top 50 for seven consecutive years.CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
jlevi @Icons1
View original content to download multimedia:https://www.prnewswire.com/news-releases/osts-0-06-shares-sold-as-9-40-winners--investors-lost-94-suewallst-llp-302718487.htmlSOURCE SueWallSt.com
Original: OST'S $0.06 SHARES SOLD AS $9.40 WINNERS -- INVESTORS LOST 94%: SUEWALLST, LLP
US Market News
3月前
OST INVESTOR LOSSES MOUNT AS SENTIMENT SHIFTS FROM OPTIMISM TO DEVASTATION -- SUEWALLSTMarch 5, 2026 2:25 PM
PR Newswire (US)
From Optimism to Disillusionment: How Investor Sentiment Shifted as OST's $1 Billion Mirage CollapsedNEW YORK, March 5, 2026 /PRNewswire/ -- Thousands of retail investors across six countries believed they had found a once-in-a-lifetime opportunity in Ostin Technology Group Co., Ltd. (Nasdaq: OST). WhatsApp groups buzzed with daily buy signals. AI-generated deepfake videos of Goldman Sachs strategists and celebrities reinforced the narrative. Promises of 80% to 300% returns felt credible because earlier stock recommendations had actually produced small profits. Then, on June 26, 2025, the mirage shattered: OST plummeted 94.1%, destroying over $950 million in market capitalization in a single trading session. Find out if you can recover your losses from the OST fraud. You may also contact Joseph E. Levi, Esq. at jlevi@SueWallSt.com or ☎(888) SueWallSt.A securities class action has been filed on behalf of purchasers of OST ordinary shares between May 11, 2025, and June 26, 2025. Shares fell from an intraday peak of $9.40 to $0.55, a loss of $8.85 per share. The lead plaintiff deadline is April 17, 2026.The Early Optimism: Manufactured ConfidenceThe sentiment arc investors reportedly experienced was not organic. The lawsuit contends that beginning in May 2025, a coordinated promotional campaign used fabricated investment advisor identities, stolen credentials from SEC/FINRA-registered professionals, and sophisticated AI-generated deepfake videos to create an illusion of institutional endorsement. WhatsApp groups containing hundreds of members received daily instructions such as "Today we focus on OST, buy between $4.50-$5.00 and hold." Scammers posing as fellow investors touted their own purchases, generating artificial peer pressure.The Growing Concerns: Silenced Skeptics- Members who expressed doubt in WhatsApp groups were immediately removed to maintain a false consensus of enthusiasm- Promoters first recommended legitimate stocks that produced small gains, establishing credibility before pivoting victims toward OST- Fabricated acquisition rumors claimed "a major OLED display company" would acquire OST at a substantial premium, supported by a fake 20-page market analysis- Promises of "15-25% weekly returns" and profits "up to 300%" were made despite OST's $38 million annual revenue and negative 27% profit margin- Institutional ownership remained at 0.1% throughout the run-up, meaning professional money managers saw nothing worth buying- OST announced no earnings surprises, contract wins, or technological breakthroughs to justify a 1,175% price surgeThe Breaking Point: June 26, 2025Victims were instructed to "hold until July 4" to maximize gains. Instead, coordinated selling by co-conspirators triggered a catastrophic collapse. Trading volume surged to 34.55 million shares, more than five times the daily average. Stop-loss orders failed to execute as the stock gapped through trigger prices. Individual losses reportedly ranged from $7,000 to more than $1,000,000, with multiple victims losing life savings and children's college funds. The fraud reached investors in the United States, United Kingdom, Germany, Israel, Canada, Italy, the Netherlands, Switzerland, and Croatia."Investor confidence depends on receiving truthful information from the companies they invest in. When that confidence is built on fabricated endorsements and coordinated manipulation, the resulting harm can be catastrophic and deeply personal." -- Joseph E. Levi, Esq.Speak with an attorney about recovering damages from the OST scheme or call ☎(212) 363-7500.LEAD PLAINTIFF DEADLINE: April 17, 2026Levi & Korsinsky, LLP is a nationally recognized shareholder rights firm. Over the past 20 years, the firm has secured hundreds of millions of dollars for aggrieved shareholders. Ranked in ISS Top 50 for seven consecutive years.CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
jlevi @Icons1
View original content:https://www.prnewswire.com/news-releases/ost-investor-losses-mount-as-sentiment-shifts-from-optimism-to-devastation--suewallst-302705665.htmlSOURCE SueWallSt.com
Original: OST INVESTOR LOSSES MOUNT AS SENTIMENT SHIFTS FROM OPTIMISM TO DEVASTATION -- SUEWALLST
makinezmoney
10月前
$OST: 1-for-25 RS went down today...................
Now at $1.75
GO $OST
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Ostin Technology Group Co., Ltd. Announces 1-for-25 Reverse Share Split Effective August 5, 2025
By Ostin Technology Group Co., Ltd. | July 28, 2025, 8:30 AM
Share
OST
-12.25%
Ostin Technology Group Co Ltd
Nanjing, China, July 28, 2025 (GLOBE NEWSWIRE) -- Ostin Technology Group Co., Ltd. ("the Company") (NASDAQ:OST), a leading supplier of display modules and polarizers based in China, today announced that it has resolved to effect a reverse share split of the Company's ordinary shares, with the split ratio set at 1-for-25 (the "The Reverse Share Split"). The Reverse Share Split was approved by the Company's shareholders at an extraordinary general meeting held on July 17, 2025. The Company's Class A ordinary shares will begin trading on an adjusted basis, reflecting the Reverse Share Split, on August 5, 2025, under the existing ticker symbol "OST." The new CUSIP number for the Company's Class A ordinary shares will be G67927122.
Upon the effectiveness of the Reverse Share Split, every twenty five shares of the Company's issued and outstanding Class A ordinary shares as of the effective date will automatically be combined into one Class A ordinary share. This adjustment will reduce the total number of outstanding Class A ordinary shares of the Company from approximately 132.43 million to approximately 5.29 million.
In conjunction with the Reverse Share Split, the Company also amended its Memorandum of Association to proportionately reduce the number of authorized shares for issuance and to adjust the par value of the post-reverse share split ordinary shares to $0.025 per share.
About Ostin Technology Group Co., Ltd.
Founded in 2010, the Company is a supplier of display modules and polarizers in China. The Company designs, develops, and manufactures TFT-LCD display modules in a wide range of sizes and customized sizes which are mainly used in consumer electronics, outdoor LCD displays, and automotive displays. The Company also manufactures polarizers used in the TFT-LCD display modules.
For more information, please visit http://ostin-technology.com/index.html
Forward-Looking Statements
Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and in its other filings with the U.S. Securities and Exchange Commission.
For more information, please contact:
Ostin Technology Group Co., Ltd.
ir@austinelec.com
hondaboost
10月前
OST just did financing in July, LOL!
Ostin Technology Group Co., Ltd. Announces $5 Million Registered Direct Offering
2025-06-30 09:15 ET - News Release
Nanjing, China, June 30, 2025 (GLOBE NEWSWIRE) -- Ostin Technology Group Co., Ltd. (“the Company”) (Nasdaq: OST), a leading supplier of display modules and polarizers based in China today announced that it has entered into a definitive agreement with a single institutional investor for the purchase and sale of an aggregate of 41,666,667 of the Company’s Class A ordinary share, par value $0.001 per share (the “Shares”) (or pre-funded warrants in lieu thereof) at a purchase price of $0.12 per share in a registered direct offering. The purchase price for the pre-funded warrants is identical to the purchase price for Shares, less the exercise price of $0.001 per share.
The aggregate gross proceeds to the Company of this offering are expected to be approximately $5 million. The transaction is expected to close on or about July 1, 2025, subject to the satisfaction of customary closing conditions.
hondaboost
10月前
Ostin Technology Group Co., Ltd. Announces 1-for-25 Reverse Share Split Effective August 5, 2025
2025-07-28 08:30 ET - News Release
Nanjing, China, July 28, 2025 (GLOBE NEWSWIRE) -- Ostin Technology Group Co., Ltd. ("the Company") (NASDAQ:OST), a leading supplier of display modules and polarizers based in China, today announced that it has resolved to effect a reverse share split of the Company's ordinary shares, with the split ratio set at 1-for-25 (the "The Reverse Share Split"). The Reverse Share Split was approved by the Company's shareholders at an extraordinary general meeting held on July 17, 2025. The Company's Class A ordinary shares will begin trading on an adjusted basis, reflecting the Reverse Share Split, on August 5, 2025, under the existing ticker symbol "OST." The new CUSIP number for the Company's Class A ordinary shares will be G67927122.
Upon the effectiveness of the Reverse Share Split, every twenty five shares of the Company's issued and outstanding Class A ordinary shares as of the effective date will automatically be combined into one Class A ordinary share. This adjustment will reduce the total number of outstanding Class A ordinary shares of the Company from approximately 132.43 million to approximately 5.29 million.
INV4
11月前
Ostin Technology Group Co., Ltd. Announces $5 Million Registered Direct Offering
June 30, 2025
Nanjing, China, June 30, 2025 (GLOBE NEWSWIRE) -- Ostin Technology Group Co., Ltd. (“the Company”) (Nasdaq: OST), a leading supplier of display modules and polarizers based in China today announced that it has entered into a definitive agreement with a single institutional investor for the purchase and sale of an aggregate of 41,666,667 of the Company’s Class A ordinary share, par value $0.001 per share (the “Shares”) (or pre-funded warrants in lieu thereof) at a purchase price of $0.12 per share in a registered direct offering. The purchase price for the pre-funded warrants is identical to the purchase price for Shares, less the exercise price of $0.001 per share.
The aggregate gross proceeds to the Company of this offering are expected to be approximately $5 million. The transaction is expected to close on or about July 1, 2025, subject to the satisfaction of customary closing conditions.
Univest Securities, LLC is acting as the sole placement agent.
The registered direct offering is being made pursuant to a shelf registration statement on Form F-3 (File No. 333-279177) previously filed by the Company and declared effective by the U.S. Securities and Exchange Commission (“SEC”) on May 28, 2024. A final prospectus supplement and accompanying prospectus describing the terms of the proposed offering will be filed with the SEC and will be available on the SEC's website located at http://www.sec.gov. Electronic copies of the final prospectus supplement and the accompanying prospectus may be obtained, when available, by contacting Univest Securities, LLC at info @rickh.
This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor will there be any sales of such securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. Copies of the prospectus supplement relating to the registered direct offering, together with the accompanying base prospectus will be filed by the Company and, upon filing, can be obtained at the SEC's website at www.sec.gov.
About Ostin Technology Group Co., Ltd.
Founded in 2010, the Company is a supplier of display modules and polarizers in China. The Company designs, develops, and manufactures TFT-LCD display modules in a wide range of sizes and customized sizes which are mainly used in consumer electronics, outdoor LCD displays, and automotive displays. The Company also manufactures polarizers used in the TFT-LCD display modules.
For more information, please visit http://ostin-technology.com/index.html
https://www.globenewswire.com/news-release/2025/06/30/3107576/0/en/Ostin-Technology-Group-Co-Ltd-Announces-5-Million-Registered-Direct-Offering.html
$OST
INV4
11月前
Ostin Technology Group Co Ltd Issues Statement Regarding Market Activity
June 27, 2025
Nanjing, China, June 27, 2025 (GLOBE NEWSWIRE) -- Ostin Technology Group Co., Ltd. (“the Company”) (Nasdaq: OST), a leading supplier of display modules and polarizers based in China, issued the following statement in response to the market activity on June 26:
The Company does not have any undisclosed material matters, nor is it aware of the specific reasons for the abnormal stock price fluctuations on June 26. However, we must caution investors and all other persons to rely solely on statements and filings with the U.S. Securities and Exchange Commission issued by the Company itself or its authorized representatives. The Company does not intend to make further statements regarding this matter.
About Ostin Technology Group Co., Ltd.
Founded in 2010, the Company is a supplier of display modules and polarizers in China. The Company designs, develops, and manufactures TFT-LCD display modules in a wide range of sizes and customized sizes which are mainly used in consumer electronics, outdoor LCD displays, and automotive displays. The Company also manufactures polarizers used in the TFT-LCD display modules.
For more information, please visit http://ostin-technology.com/index.html
https://finance.yahoo.com/news/ostin-technology-group-co-ltd-144000264.html?guccounter=1&guce_referrer=aHR0cHM6Ly9kdWNrZHVja2dvLmNvbS8&guce_referrer_sig=AQAAAEwj6zP7wdvDpUdb5UB8sX-7n7pw3nM8lMRdL0RDuNB-znB63GIopf2Lm0ZIgxIBAX-w816TNgGAqdFAcgAhbdU45SwkM1itd09OE7ru3BURq07u6guFZHWV8lOq2Um2FNCN9wxEgipjqPBSTqmiVk_u67lt2sjkei6HZA9UN3sG
$OST
makinezmoney
11月前
$OST: Woooo........ the floor gave out......... now $0.31
This was a massive short attack............. whatta mega Drop from $9 just yesterday
Adding 10k shares here at $0.30
GO $OST
*************************************************
Ostin Technology Group Co Ltd Issues Statement Regarding Market Activity
By Ostin Technology Group Co., Ltd. | June 27, 2025, 10:40 AM
Share
OST
-45.11%
Ostin Technology Group Co Ltd
Nanjing, China, June 27, 2025 (GLOBE NEWSWIRE) -- Ostin Technology Group Co., Ltd. (“the Company”) (Nasdaq: OST), a leading supplier of display modules and polarizers based in China, issued the following statement in response to the market activity on June 26:
The Company does not have any undisclosed material matters, nor is it aware of the specific reasons for the abnormal stock price fluctuations on June 26. However, we must caution investors and all other persons to rely solely on statements and filings with the U.S. Securities and Exchange Commission issued by the Company itself or its authorized representatives. The Company does not intend to make further statements regarding this matter.
About Ostin Technology Group Co., Ltd.
Founded in 2010, the Company is a supplier of display modules and polarizers in China. The Company designs, develops, and manufactures TFT-LCD display modules in a wide range of sizes and customized sizes which are mainly used in consumer electronics, outdoor LCD displays, and automotive displays. The Company also manufactures polarizers used in the TFT-LCD display modules.
For more information, please visit http://ostin-technology.com/index.html
Forward-Looking Statement
This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, underlying assumptions, and other statements that are other than statements of historical facts. When the Company uses words such as “may, “will, “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following: the Company’s goals and strategies; the Company’s forecast on market trends; the Company’s future business development; the demand for and market acceptance for new products; expectation to receive customer orders for new products; the anticipated timing for the marketing and sales of new products; changes in technology; the Company’s ability to attract and retain skilled professionals; client concentration; and general economic conditions affecting the Company’s industry and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.
For more information, please contact:
Ostin Technology Group Co., Ltd.
ir@austinelec.com
Investor Relations:
Janice Wang
Wealth Financial Services LLC
Phone: +1 628 283 9214
Email: services@wealthfsllc.com