Recon Technology Ltd (RCON) News

RCON.....................................https://stockcharts.com/h-sc/ui?s=RCON&p=W&b=5&g=0&id=p86431144783

RCON 10Q due 4/8

Thank you !!!

This one
https://ih.advfn.com/markets/nasdaq/premarket

RCON.......................https://stockcharts.com/h-sc/ui?s=RCON&p=W&b=5&g=0&id=p86431144783

Do you know of any sites that show gaps on stocks that are under a penny ?

RCON 10Q due 4/1 per Seeking Alpha

RCON 10Q due 3/25
Next day settlement begins 5/28 per SEC mandate

RCON......................................https://stockcharts.com/h-sc/ui?s=RCON&p=W&b=5&g=0&id=p86431144783

great bidding + ASK very thin

RCON new 52 week low

Recon Technology Announces Closing of $8 million Registered Direct Offering
March 17 2023 - 02:30PM
PR Newswire (US)

BEIJING, March 17, 2023 /PRNewswire/ -- Recon Technology, Ltd. (NASDAQ: RCON) ("Recon" or the "Company") announced today the closing of its previously announced registered direct offering with certain accredited investors to purchase approximately $8 million worth of its Class A ordinary shares (or pre-funded warrants to purchase Class A ordinary shares in lieu thereof) in a registered direct offering, and Class A ordinary shares warrants in a concurrent private placement, for proceeds of approximately $8 million. In addition, ordinary share purchase warrants to purchase an aggregate of 7,950,769 ordinary shares previously issued by the Company to certain institutional investors on June 16, 2021 had the exercise price reduced to $0.80 in connection with this offering.

After deducting the placement agent's commission and other offering expenses payable by the Company, the net proceeds to the Company were approximately $7.1 million. The Company intends to use the net proceeds for general corporate purposes, including for the Company's research and development needs for current and future products, expansion of marketing efforts, and possible acquisitions of complementary assets or businesses.

Maxim Group LLC ("Maxim") acted as the sole placement agent in connection with this offering.

The securities described above were offered by the Company pursuant to a shelf registration statement on Form F-3 filed with the Securities and Exchange Commission (SEC) dated December 2, 2022, and declared effective on January 5, 2023. A prospectus supplement related to the offering were filed with the SEC on March 17, 2023 and is available on the SEC's website at http://www.sec.gov. Copies of the prospectus supplements relating to the offering may be obtained, when available, by contacting: Maxim Group LLC, 300 Park Avenue, 16th Floor, New York, NY 10022, by telephone: at (212) 895-3500.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of such state or jurisdiction.

About Recon Technology, Ltd.

Recon Technology, Ltd (NASDAQ: Recon) is China's first listed non-state owned oil and gas field service company on NASDAQ. Recon supplies China's largest oil exploration companies, Sinopec (NYSE: SNP) and The China National Petroleum Corporation ("CNPC"), with advanced automated technologies, efficient gathering and transportation equipment and reservoir stimulation measure for increasing petroleum extraction levels, reducing impurities and lowering production costs. Through the years, Recon has taken leading positions on several segmented markets of the oil and gas filed service industry. Recon also has developed stable long-term cooperation relationship with its major clients. For additional information please visit: www.recon.cn.

Too compelling. I'm in.

In @ .401

$RCON: Crashing harddddddddddddddd ........... now 0.62

$RCON 0.62 down (-40%) Recon Technology Announces Pricing of $8 million Registered Direct Offering


GO $RCON

Lots of movement as of late.. ??

LOW OS AND FLOAT! WON'T SELL UNTIL $17!!

$RCON

Major turnaround and only green days ahead. Let's goooooo RCON back to $17.50!!

RCON will EXPLODE UPWARDS any day now! Shares were traded over $15 just couple of months ago.

Let's goooooo RCON back to $17.50!!

Great things to look forward to for longs for sure!

RCON $17.50!!

Longs winning in a landslide here!!

Let’s gooooooo RCON back to $17.50!!

Gonna be an INSANE RISE in SP!! RCON $17.50!!

RCON To Da MOOOOOOON any day now!! Naked Shorts will be roasted and burned!!! RCON $17.50!!!!

Today is just the beginning! BOOOOOOOOOM and then KABOOOOOOOOMS are imminent!!

RCON $17.50!!

Game over Shorts! Hold on your shares folks. MMS are playing games and robing weak hands. RCON will EXPLODE Upwards at any moment.

RCON $17.50!!

Let's SQUEEZE! RCON may RUN like GME any day now!! Mark my words.

$17.50++ !! WEEEEEEEEEEEEEEEE!!

Personally have decided to work with Sabby, not against!

Just wondering $17 mark? ;)

Nice form 4

This gonna EXPLODE to $17+ any day now!! Mark my words.

I like to trade RCON while eating what I call Sabby. It is cheese and crackers that are deep fried in pork lard.

Short shenanigan only. No sweating it!

Back to $17.50 any day now!!

Let's gooooooo RCON

This small float is going to be locked and we are going large!

DD! RCON is China's first NASDAQ-listed non-state owned oil and gas field service company!

Since the ascent in oil and gas costs from the year 2021, RCON’s significant clients, China’s oil organizations’ exhibitions have been improving, Recon’s business is additionally profiting from this pattern.

RCON - what hell of a chart! With just a 11m MC joke !!! (as was IMPP 3 weeks ago with 6 MC...!)
https://stockcharts.com/h-sc/ui?s=RCON

It`s going better - this was @$12 9 month ago...!

RSI(14) going to go to power zone!!!
PPS marked 52 week low last week... now PPS is waking up...!
Last days HEAVY volume comning in - w/ PPS increasing!!!

Recon Technology Ltd Financials
Market Cap $ 11.45M
Shares in Issue 7.20M
Float 25.58M
Revenue $ 7.42M
Profit/Loss -5.07M
EPS $ -0.28
PE Ratio $ -4.0

Recon supplies China's largest oil exploration companies, Sinopec (NYSE: SNP) and The China National Petroleum Corporation ("CNPC"), with advanced automated technologies, efficient gathering and transportation equipment and reservoir stimulation measure for increasing petroleum extraction levels, reducing impurities and lowering production costs. Through the years, RCON has taken leading positions on several segmented markets of the oil and gas filed service industry. RCON also has developed stable long-term cooperation relationship with its major clients, and its products and service are also well accepted by clients.

$$$ RCON huge breakout chart $$$

Social buzz up 69%!!! (as of 3/8/22) https://stocktwits.com/symbol/rcon

$$$ RCON huge breakout chart $$$ https://stockcharts.com/h-sc/ui?s=RCON" rel="nofollow" target="_blank" >https://stockcharts.com/h-sc/ui?s=RCON

52 wk high is $17.50 and we are breaking these highs! Looking good!

RCON is Next INDO HUSA MARPS IMPP,This one has the Highest CASH and Revs Compared the Big Runnerrs todayy.

RCON- gonna bang soon

Peep

RCON - Safe Penny Stocks

RCON - Update

$RCON Agree.

This POS was 17, it should bounce

Shorts are going to cover as this gains momo

RCON - Buy or Bust

Yes, come over to Stocktwits and twitter

One of my big "puzzlements" about this stock (in addition to the recent price action), is the small no. of posts on this message board. I guess most of the few posters are doing their posting on stocktwits and not ihub!